Carolco
Carolco Pictures, Inc. was an American independent film studio that operated from 1976 to 1995. Founded by Mario Kassar and Andrew G. Vajna, Carolco found success in the 1980s and early 1990s with blockbusters such as the first three films of the Rambo franchise, Field of Dreams, Total Recall, Terminator 2: Judgment Day, Basic Instinct, Universal Soldier, Cliffhanger, and Stargate.
In 1989, Vajna left to form Cinergi Pictures. In 1992, Carolco underwent corporate restructuring in a bid to reverse several years of losses. An attempt to return to profitability failed when the 1995 film Cutthroat Island lost $147 million, and Carolco declared bankruptcy later that year.
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