Searchlight Pictures, Inc., formerly known as Fox Searchlight Pictures, is an American arthouse film production and distribution company, which since 2019 has been owned by Walt Disney Studios, a division of the Disney Entertainment segment of the Walt Disney Company. Founded on April 29, 1994 as a division of 20th Century Fox (now 20th Century Studios), the studio focuses primarily on producing, distributing, and acquiring independent and specialty films.
Searchlight is most known for distributing the films Slumdog Millionaire, 12 Years a Slave, Birdman, The Shape of Water, and Nomadland, all of which have won an Academy Award for Best Picture. The studio has grossed over $5.3 billion worldwide and amassed 51 Academy Awards, 30 Golden Globe Awards, and 56 BAFTA awards. Slumdog Millionaire is the studio's largest commercial success, with over $377 million (US) of box office receipts, against a production budget of only $15 million.[2]
Searchlight was one of the 21st Century Fox film production units that was acquired by Disney in 2019. The studio's current name was adopted in order to avoid confusion with Fox Corporation. Searchlight is currently one of five live-action film studios within the Walt Disney Studios, alongside Walt Disney Pictures, Marvel Studios, Lucasfilm, and its larger sister unit 20th Century Studios. Compared to 20th Century, whose distribution operations have folded into Walt Disney Studios Motion Pictures, Searchlight retains its autonomous distribution unit.[3]
History
Before the creation of Searchlight Pictures
Prior to the creation of Searchlight Pictures, 20th Century Fox was active in the specialty film market, releasing independent and specialty films under the banner of 20th Century-Fox International Classics, later renamed 20th Century-Fox Specialized Film Division, then TLC Films. The most notable of the releases under these banners include Suspiria, Bill Cosby: Himself, Eating Raoul, The Gods Must Be Crazy, Reuben, Reuben, and Ziggy Stardust and the Spiders from Mars.
In the early 1990s, 20th Century Fox executives decided to emulate the commercial success of Disney's newly acquired Miramax studio. In 1994, Fox announced the formation of a subsidiary that would drive their entry into the specialty film market, and in July that year, they brought in Thomas Rothman, then president of production at The Samuel Goldwyn Company, to head up the new subsidiary. It was soon given the name "Fox Searchlight Pictures", with Rothman as its founding president.[4]
Film library
Highest-grossing films
Accolades
Since 1994, Searchlight Pictures has accumulated 205 Academy Award nominations with 52 wins (including five Best Picture winners since 2009),[30] 117 Golden Globe nominations with 30 wins,[31] 190 BAFTA nominations with 57 wins,[32] 68 Screen Actors Guild Award nominations with 14 wins,[33] 215 Critics Choice Award nominations with 55 wins,[34] and 137 Independent Spirit Awards nominations with 54 wins.[35]
Related units
Searchlight Television
Searchlight Television is the television production division of Searchlight Pictures. Launched in April 2018, Searchlight Television broadens the variety of projects produced under the Searchlight banner. It is headed by David Greenbaum and Matthew Greenfield.[36][37]
Both original material and adaptations of Searchlight's existing film library will be produced for cable, streaming and broadcast television, in the form of documentaries, scripted series, limited series and more. In April 2019, the Hulu streaming service ordered The Dropout, starring Amanda Seyfried from Searchlight Television and 20th Television.[38] The studio is also developing an adaptation of the City of Ghosts novel with ABC Signature
See also
External links
References
- Company Overview of Fox Searchlight Pictures, Inc. Bloomberg News^
- Slumdog Millionaire (2008) Box Office Mojo, retrieved June 30, 2020^
- Anthony D'Alessandro. Emma Watts Leaves Disney's 20th Century Studios Deadline, January 30, 2020, retrieved February 3, 2020