35-506: Empire International Pictures (also known as Empire Entertainment ) was an American independent small-scale theatrical distribution company. Charles Band formed Empire in 1983, prompted by his dissatisfaction with distributors' handling of films made by his previous business, Charles Band International Productions. Empire produced and distributed a number of low-budget horror and fantasy feature films, including Re-Animator , Troll , Ghoulies , Trancers , and From Beyond . Sensing
70-493: A $ 1 million deal that included movies from Filmtrust, Intercontinental Releasing Corporation, and others as well. Also in 1987, Empire partnered with Cinema Home Video Productions to develop ten films. Most of the movies were planned to have a budget of $ 1 million each, but at least two would have $ 2–3 million in funding, and be shot at Empire's Italian studio. Distribution would be handled by Urban Classics domestically, and by Infinity overseas. On September 8, 1987, Empire reduced
105-714: A filming location. Around the same time, Band also bought Dino de Laurentiis Cinematografica , which was founded by Dino De Laurentiis in 1946. The purchase price of De Laurentiis's studio was reportedly $ 20 million. Empire also teamed up with Vestron Video subsidiary Lightning Video to create the Force Video banner, under which six action-adventure videocassettes were released in the summer of 1985. 1986 saw Empire's biggest output of theatrical releases, including Eliminators , From Beyond , TerrorVision , and Troll . The last of these proved to be Empire's biggest success that year, grossing $ 5,450,815 when released in nearly
140-805: A large loss for its calendar year 1993. In the course of that expansion, Crédit Lyonnais became the leading lender to Hollywood studios in the late 1980s, led by Frans Afman, head of entertainment loans at CLBN; Afman had previously begun his dealings with film studios and producers in the 1970s at Slavenburg's, which transferred to CLBN in 1983. Clients included independent film studios Castle Rock Entertainment , Weintraub Entertainment Group , Nelson Entertainment , Vestron Pictures , and Carolco Pictures . Many of these companies developed financial difficulties. It also financed Giancarlo Parretti 's takeover of Metro-Goldwyn-Mayer in 1990 for $ 1.25 billion (having previously financed his takeover of another CLBN client, The Cannon Group ). However, Parretti started looting
175-457: A lawsuit against him. However, CL soon faced intense scrutiny for its dealings with Parretti. Overall, CL lost $ 5 billion from its Hollywood deals. Afman left the employ of CLBN entirely during this period. The bank underwent harsh restructuring under new chairman Jean Peyrelevade , appointed in November 1993, and general manager Pascal Lamy , appointed a year later, and was recapitalized by
210-563: A result, the releases of the titles that were in production, such as Stuart Gordon 's Robot Jox , Peter Manoogian's Arena , and David Schmoeller 's Catacombs , were delayed by several years. Band would form a new company, Full Moon Entertainment , in the autumn of 1988. Like Empire, Full Moon specializes in horror and fantasy films. As of 2017, MGM is the owner of most of Empire's library, by way of Polygram Entertainment . These films are being released on DVD and Blu-ray by Full Moon, under license from MGM. The rise and fall of Empire
245-454: A thousand theaters. The company decided to expand. Albert Band was named production head, a position he held until the company was sold off. Empire's agreement with Vestron Video continued; Vestron bought the worldwide video rights to one of Empire's future releases for $ 35–$ 40 million. With a studio in Italy secured, 1987 saw Empire significantly increase its production. The company arrived at
280-477: A wholly owned subsidiary that was intended to embody its leading position in what was expected to be a forthcoming European banking market consolidation. In 1992, it acquired Bank für Gemeinwirtschaft [ de ] in Germany as part of a European development strategy that also entailed the purchase of smaller banks in Italy and Spain. Bad loans started mounting in 1992, however, and the bank had to disclose
315-482: Is the subject of the book Empire of the 'B's: The Mad Movie World of Charles Band by Dave Jay, Torsten Dewi, and Nathan Shumate, and the upcoming documentary Celluloid Wizards in the Video Wasteland by Daniel Griffith. Charles Band Charles Robert Band (born December 27, 1951) is an American film producer and director, known for his work on horror comedy movies. Band entered film production in
350-674: The American Film Market in February touting 36 new releases. Titles produced in this period included Dolls , Ghoulies II , Prison , and Robot Jox . Empire also switched video distributors, from Vestron to New World Video , which would release titles under the Empire Video label. Two new divisions of Empire were launched in 1987. The first was Urban Classics, which produced films such as Slave Girls from Beyond Infinity , Galactic Gigolo , and Space Sluts in
385-663: The Banque de l'Indochine from 1896 and later participation in the China Consortium . Overall, Crédit Lyonnais became a major player in the placement of foreign government bonds, not least of the Russian Empire , thus participating in directing the large savings of French households to destinations abroad, which resulted in the then widespread perception of France as the "banker of the world". In 1900, Crédit Lyonnais overtook Lloyds Bank and Deutsche Bank to become
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#1732800941703420-447: The 1970s with Charles Band Productions. Dissatisfied with distributors' handling of his movies, he formed Empire Pictures in 1983. At its height, Empire would release an average of two films a month, one theatrically and one on home video. Movies released by Empire included Ghoulies and Ghoulies II , and the cult classic Re-Animator . Empire folded in 1988, due to financial difficulties. Band would found Full Moon Productions
455-434: The 20th century, it was the world's largest bank by total assets. Its former French retail network survives as LCL S.A. , a fully owned subsidiary of Crédit Agricole, under the brand LCL adopted in 2005 with reference to "Le Crédit Lyonnais". The creation of Crédit Lyonnais was favored by French legislation of 23 May 1863 that liberalized the creation of joint-stock companies without prior government authorization. The bank
490-770: The French government. In April 1995, the government formed a "bad bank", the Consortium de réalisation [ fr ] , to which it transferred the Crédit Lyonnais's non-core assets. Among other transactions, the CDR notably agreed to pay US$ 525 million to the California Department of Insurance in order to head off a lawsuit over the Executive Life insurance scandal. The CDR also ended up with
525-587: The Slammer . Urban Classics released movies both theatrically, and subsequently on home video, marking the first time that Empire had produced its own home video releases, rather than partnering with another company. The second subsidiary was Infinity Film Sales, headed by Maura Hoy. Its purpose was to distribute to the foreign market a set of low-budget films that had been offered to Wizard Video , yet another Empire division. Later that year, Australian home video veteran Walter Lehne would purchase Infinity's 14 titles in
560-639: The bid, MGM would acquire the Epic library and the rest of PolyGram's pre-1996 library in 1999. To allow the bailout, the European Commission imposed severe limitations, principally on the bank's international activities, and the bank was forced to sell many entities in the following years (the assets of the infamous CLBN, for instance, were sold to Generale Bank of Belgium in August 1995). In total, it cost French taxpayers nearly €15 billion. To cap
595-415: The company, fired most of the accounting staff, appointed his 21-year-old daughter to a senior financial post, and used company money to buy presents for several girlfriends. By June 1991, CL's upper management, fearing that Parretti's continued ownership would bring MGM to complete ruin, took action; under the terms of an April agreement that gave it control of Parretti's MGM stock, it fired Parretti and began
630-905: The emerging theatrical market for independently produced horror and science-fiction films, producer Charles Band decided to create a small production company to compete with the major Hollywood studios. The name Empire Pictures first surfaced in May 1983 at the Cannes Film Festival , where Band sought funding for Parasite II , a proposed sequel to his successful movie Parasite (1982). Initial Empire productions included Swordkill (aka Ghost Warrior ) and The Dungeonmaster , each of which received limited theatrical releases in 1984. Also that year, Empire signed an agreement with Vestron Video that granted Vestron worldwide video rights to five of Empire's films. Empire's first hit came in early 1985, with Ghoulies . Released in several major markets,
665-522: The film had grossed $ 3,455,018 by February; it made over $ 1 million in its first weekend in New York City alone. This success paved the way for the company to showcase future cult hits Trancers and Re-Animator in theaters. Flush with cash, Band purchased Castello di Giove, a 12th-century castle located in Giove, Italy . His intention was to use the edifice as a European base of operations and
700-508: The former overseas branches of Slavenburg's were sold off. In 1987, the bank strengthened its investment banking operation under the semi-autonomous brand Clinvest. Then under Jean-Yves Haberer [ fr ] , appointed chairman in 1988, the bank embarked on a highly aggressive expansion strategy both domestically and internationally, including by providing favorable terms of financing to politically connected projects, companies and entrepreneurs. In 1989 it created Crédit Lyonnais Europe,
735-488: The government conducted an auction for its residual ten-percent stake, which was won by BNP Paribas , but Crédit Agricole subsequently launched a successful friendly takeover bid and took full ownership of Crédit Lyonnais in July 2003. Crédit Agricole merged its own investment banking arm, Banque Indosuez , with Crédit Lyonnais's and renamed the merged entity Calyon (for C rédit A gricole Lyon nais) in 2004, but that brand
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#1732800941703770-673: The negotiation of the financial clauses of the Treaty of Frankfurt that ended the war in 1871. From 1876, Germain directed the building of an ostentatious headquarters building in Paris, with architectural details modeled on the Louvre Palace . The first phase of that Parisian Crédit Lyonnais headquarters was completed in 1883, but it kept expanding until occupying the entire city block in 1913 after Germain's death. The bank branch located there opened as early as 21 March 1878, inaugurated in
805-576: The new context of decolonization. By 1974, it had 1,905 branches and 47,000 employees. It re-established a presence in Moscow in 1972, the first Western bank to do so. December 1980 saw a major investment, with CL buying half the shares of Slavenburg's Bank of Rotterdam; Slavenburg's business had been in decline thanks to corruption, including allegations of money laundering for drug kingpins and fraud; by 1983, CL had taken full control, renaming it to Crédit Lyonnais Bank Nederland (CLBN), though due to overlap
840-485: The next year), New York City (1879, but closed in 1882 after facing punitive taxation), Barcelona , Brussels , and Smyrna (1888), Moscow (1891), Jerusalem and Odesa (1892), Lisbon (1893), Bombay and Calcutta (1895, closed the next year), Porto and Valencia (1897), Seville and San Sebastián (1900). In Asia, other than its two short-lived Indian branches in 1895–1896, Crédit Lyonnais participated in collective endeavors through its shareholding in
875-447: The postwar years, it faced social unrest with a major employee strike in mid-1925. In the interwar period, it exited from Smyrna and Jerusalem in 1927, and from Istanbul in 1933. Crédit Lyonnais was nationalized on 1 January 1946 together with the three other major French depository banks, namely Banque Nationale pour le Commerce et l'Industrie , Comptoir National d'Escompte de Paris , and Société Générale . It kept expanding abroad in
910-794: The presence of Léon Gambetta . In 1882, the bank's head office was formally transferred from Lyon to the new building, even though it remained legally registered in Lyon. Beyond the prestige head office, in the late 1870s the Crédit Lyonnais aggressively developed its network of Parisian locations, opening 23 in 1879 alone. After London in 1870, Crédit Lyonnais soon embarked in an ambitious drive of international expansion, opening branches in Alexandria (1874), Constantinople and Cairo (1875), Geneva , Madrid and Port Said (1876), Vienna (1877), Saint Petersburg (1878, initially under an individual name due to restrictive regulations that were lifted
945-568: The recently opened Palais du Commerce of Lyon . The bank initially served local businesses in Lyon, but opened branches in Paris and Marseille as early as 1865. Furthermore, Germain married into a Parisian family and entered national politics in 1869. During the Franco-Prussian War in 1870, he moved some of the bank's funds to London for safety and thus created Crédit Lyonnais's first foreign branch there. He also participated in
980-613: The same year. Full Moon releases include the Puppet Master and Subspecies series. Full Moon's family-oriented label Moonbeam Entertainment released the Prehysteria! trilogy. Band was born in Los Angeles, California. He is the son of director-producer Albert Band , and brother of composer Richard Band . Band's grandfather was the artist Max Band . With his former wife Meda, Band had two children, including Alex ,
1015-462: The sequence of misfortune, the Crédit Lyonnais's storied Parisian headquarters was partly destroyed by fire on 5 May 1996. The bank returned to profit in 1997. In 1999, Crédit Lyonnais's shares were successfully floated on the Paris Bourse , thus partly reversing the nationalization of 1946. (There had only been a limited opening of capital to employees between 1973 and 1982. ) In November 2002,
1050-427: The staff of its publicity department from three people to one. The studio planned to outsource the marketing of special projects. Empire began to collapse in mid-1988, due to financial problems, including long-term debt obligations to Crédit Lyonnais . Once it became clear that the studio could not weather these difficulties, it was seized by the bank, and absorbed into Eduard Sarlui's Epic Productions in May 1988. As
1085-481: The various film libraries from now defunct film production companies that defaulted on their loans. The library was known as the Epic film library . The Loeb & Loeb law firm spent 4 years determining the full extent of the film assets. In late 1997, PolyGram Filmed Entertainment outbid Disney , Metro-Goldwyn-Mayer , Live Entertainment and several other companies, for the Epic library at $ 225 million. Despite losing
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1120-451: The vocalist for the band The Calling . He had two sons with his former wife Debra Dion. Cr%C3%A9dit Lyonnais The Crédit Lyonnais ( French: [kʁedi ljɔnɛ] , "Lyon Credit [Company]") was a major French bank , created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of
1155-494: The world's largest bank by total assets, a position it retained until overtaken by Société Générale in 1920. Crédit Lyonnais's franchise was negatively impacted by Russia's repeal of its debt obligations following the October Revolution of 1917, and was otherwise disrupted by World War I . In the spring of 1918, it evacuated some of its funds and records from Paris to protect them from a possible German advance. In
1190-477: Was changed in 2010 to Crédit Agricole CIB (for Commercial and Investment Bank), reflecting the gradual phasing out of the Crédit Lyonnais identity. Also in 2010, the bank's staff eventually moved out of the historic headquarters on the boulevard des Italiens, relocating to the Parisian suburb of Villejuif . Meanwhile, in 2005, the Crédit Lyonnais brand, perceived as tainted by the 1990s turmoil, had been replaced in
1225-562: Was chartered on 6 July 1863 by Henri Germain , who was the largest shareholder with 5.4 percent of equity capital and became its first chairman. Prominent promoters of Saint-Simonianism initially participated in the venture, namely François Barthélemy Arlès-Dufour who was instrumental in convincing Germain to initiate the project, Paulin Talabot , and Barthélemy Enfantin , as well as industrialists such as Eugène Schneider . Crédit Lyonnais then started its operations on July 26, initially in
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