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Institution research by fatima waqar
1. *INSTITUTION RESEARCH*
-CASTLE ROCK
ENTERTAINMENT-
Castle Rock Entertainment is an
American film and television
production company founded in 1987
by Martin Shafer, director Rob Reiner,
Andrew Scheinman, Glenn Padnick and
Alan Horn. It is a subsidiary of Warner
Bros. Entertainment, which in turn is a
unit of Time Warner.
2. About the company
The company was originally backed by The Coca-Cola Company, the then-parent company
of Columbia Pictures. Coke and the company's founders jointly owned a stake in the
company. Months after the deal, Coke exited the entertainment business, succeeded by
Columbia Pictures Entertainment (now Sony Pictures Entertainment).
In 1989, Castle Rock was supported by another backer, Group W, a subsidiary of
Westinghouse. Castle Rock later struck a deal with Nelson Entertainment, the company
that owned the domestic home video rights to Reiner's This Is Spinal Tap, The Sure Thing,
and The Princess Bride, to co-finance Castle Rock's films. The logo's music was called
"Beautiful Tune".
Under the deal, Nelson also distributed the films on video in North American markets,
and handled international theatrical distribution, while Columbia, which Nelson forged a
distribution deal with, would receive domestic theatrical distribution rights. Some of
Nelson's holdings were later acquired by New Line Cinema, which took over Nelson's
duty. Columbia, shortly after the company's formation, thereafter had to re-invest with a
substantial change in terms when accumulated losses exhausted its initial funding.
Reiner has stated that Castle Rock's purpose was to allow creative freedom to individuals;
a safe haven away from the pressures of studio executives. Castle Rock was to make films
of the highest quality, whether they made or lost money.
Castle Rock has also produced several television shows, such as the successful sitcom
Seinfeld and the animated sitcom Mission Hill.
3. Top 20 movies of Castle rock entertainment.
1. The Shawshank Redeption (1994)
2. The Green Mile (1999)
3. Before Sunrise (1995)
4. A Few Good Men (1992)
5. Waiting for Guffman (1996)
6. Before Midnight (2013)
7. Misery (1990)
8. When Harry met sally…(1989)
9. Before Sunset (2004)
10. Best in show (2000)
11. Lone Star (1996)
12. In the Line of Fire (1993)
13. Michael clayton (2007)
14. Hamlet (1996)
15. A mighty wind (2003)
16. City slickers (1991)
17. Zero Effect (1998)
18. Bernie (2011)
19. The Last days of disco (1998)
20. Dolores Claiborne (1995)
4. *History of Castle rock
entertainment*
-Turner purchase and Time Warner ownership :
On August 1993, Turner Broadcasting System agreed to acquire Castle Rock, along with co-
financing partner (and eventual Castle Rock corporate sibling) New Line Cinema. The sale was
completed on December 22, 1993. The motivation behind the purchase to allow a stronger
company to handle the overhead. Turner Broadcasting eventually merged with Time Warner in
1996. Castle Rock Entertainment then became a division of Warner Bros. MGM owns the rights
to the pre-1994 Castle Rock Entertainment films because of the acquisition of the pre-1996
PolyGram library where Nelson Entertainment was in it. Warner Bros., though Castle Rock, owns
its post-1994 library and the TV rights to the pre-1994 library.
5. WHY I CHOSE CASTLE ROCK
ENTERTAINMENT AS MY INSTITUTION?
I chose CASTLE ROCK ENTERTAINMENT as my institution because three of my reference films (
Before sunrise, Before sunset and Before midnight) are produced by CASTLE ROCK
ENTERTAINMENT. Lastly, this institution has produced many successful and great movies due to
which I’ve chosen this institution.