by Anjela Latcheva

11800 Wilshire Blvd

Los Angeles, California 90025

Telephone: (310) 575-7000

www.cbsfilms.com

About

CBS films is an American studio that handles the development, financing, marketing and production of motion pictures [1]. CBS films is a division of the CBS Corporation. Established in 2007, CBS Films has released nine motion pictures to date. CBS Films also plans to release about four to six movies a year including a variety of genres that will be distributed globally as well as in the United States.

Background

CBS Films originally shortly made an appearance in 1979 under the name CBS Theatrical Films. When CBS Corporation launched the new theatrical films division it was in a joint venture with Columbia Pictures and HBO called Tri-Star Pictures. CBS eventually dropped out of the venture in 1985 and CBS Theatrical Films ended its existence.

However, CBS was bought by Viacom in 2000, which also owned Paramount Pictures at that time. In March 2007, when Viacom and Paramount announced their split, CBS Corporation decided to launch CBS Films. This division was originally created to make content for CBS’s cable movie channel.

CBS Corporation then signed with SONY Pictures for a three year deal where they agreed to distribute internationally. The studio released its first film Extraordinary Measures on January 22, 2012. CBS then released its second film, the romantic comedy The Back Up Plan was released in April 2010. The divisions third release was a movie opening for the Thanksgiving Day weekend, Faster, featuring Dwayne Johnson made $12 million at the box office to start.

After the release of five films and grossing over $30 million, CBS Films’ revenue was lower than expected. CBS decided to freeze their film production for now and decided to plan on acquiring films at film festivals such as the Sundance festival. Management also changed in April 2012 which is predicted to provide interesting changes for CBS FIlms.

The pay-cable rights to the new CBS Films’ titles are held by CBS’s premium cable network SHOWTIME. SONY Pictures also has international theatrical rights as well as home entertainment distribution rights for the many CBS Films titles [1].

CBS Films: The Principles 

Wolfgang Hammer

Co-President of CBS Films. He manages business, finance, legal affairs, and acquisitions for CBS Films [1]. Before working at CBS FIlms, Hammer was Executive Vice President of the Motion Picture Group at Lionsgate. He studied at the University of Vienna Law school and earned his master’s at Stanford University.

Terry Press

Co-President of CBS Films. She oversees creative, distribution, marketing and physical production for CBS Films [1].

Steven Friedlander

Executive Vice President, Theatrical Distribution for CBS Films. He manages the domestic theatrical acquisitions and distribution [1].

Ried Sullivan

Chief Financial Officer for CBS Films.

Rik Toulon

Executive Vice President and General Counsel of CBS Films. He manages all legal activities for the company and performs certain business functions in connection with the company’s distribution, finance, acquisition, key vendor and strategic alliance arrangements [1].

Maria Faillace

The Executive Vice President of Production for CBS Films. She manages production for the divisions home grown titles [1].

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Past Releases

Extraordinary Measures – Co-produced with Double Feature Films. Gross: $15,134,168

The Back-Up Plan -Co-produced with Escape Artists. Gross: $77,477,008

Official Website: Faster – Co-produced with Tri-Star Pictures. Gross: $35,542,923

Official Website: The Mechanic – Co-produced with Millennium Films. Gross: $51,070,807

Beastly -Gross: $28,834,009

Official Website: The Woman in Black – Co-produced with Alliance Films. Gross: $127,730,736

Official Website: Salmon Fishing in the Yemen – Co-produced with Lionsgate. Gross: $34,564,651. Nominated for three golden globe awards including best picture [5]! Acquiring this film was a huge step for CBS Films, starring Emily Blunt alongside Oscar Nominee Kristen Scott Thomas this film was popular amongst many.

 Official Website: The Words – Co-produced with Animus Films. Gross: $13,231,461

Official Website: Seven Psychopaths – Co-produced with Blueprint Pictures. Gross: $23,492,318. Voted best Ensemble Cast by The Boston Society of FIlm Critics [5] !

Official Website: The Last Exorcism: Part II

Future Releases

The official selection of the 2013 Sundance Film Festival. This coming of age comedy, previously known as Toy’s House, will be in theaters May 31st 2013. Directed by Jordan Vogt-Robert and written by Chris Galletta, this film follows three friends as they decide to spend their summer building a house in the woods and living off the land [4]. Watch the trailer here!

From the director of The Grudge, this Sci-Fi thriller is about a group of passengers that encounter what appears to be a supernatural force while on a transpacific flight. Directed by Takashi Shimizu, Flight 7500 was originally scheduled to be released in August 2012 but has been delayed until sometime in 2013. 7500’s cast includes Ryan Kwanten, Jerry Ferrara, and Amy Smart [4]. Watch the trailer here!

Directed and written by Maggie Carey, this comedic film is about a girl’s list of things to accomplish before hitting college campus in the fall. The film follows her experience and exploits the pressure to become more sexually experienced during high school. The To-Do list cast includes Rachel Bilson, Christopher Mintz-Plasse from Superbad, and Connie Britton from ABC’s Nashville [4]. Watch the trailer here!

Another comedy schedules to be released in December 2013, this film is about three friends in their mid thirties who decide to take a break from their day-to-day lives and throw a bachelor party in Las Vegas for their last remaining single bud. An amazing famous cast including Robert De Niro, Michael Douglas, Morgan Freeman, and Jerry Ferrara [4].

Inside Llewyn Davis

CBS Films announced that it has acquired the US rights to Inside Llewyn Davis which is written and directed by academy award winners Joel and Ethan Coen. The film follows an aspiring singer-songwriter as he navigates in the 1960’s folk-music scene in New York City. Cast includes Justin Timberlake, Carey Mulligan and John Goodman. Sneak Peak of the trailer below!

Inside Llewyn Davis trailer

What’s Next for CBS Films?

Being that CBS Films is a relatively young and upcoming division, it has been doing extraordinary well at the box office. I predict we will be seeing more of CBS Films since CBS Films recently announced that they had acquired the rights to the movie Inside Llewyn Davis, this just might be an enormous breakthrough for CBS Films. The movie’s directors have made it to the festival in previous years and have actually had some success.  There is word from a previous screening during February that now created tremendous hype for Inside Llewyn Davis which has already been suspected as a possible candidate for the Cannes Films Festival competition. The Cannes Film Festival is still the most prestigious and definitely the most important event in our cinematic calendar, which kicks off May 15th 2013 [3].

Contact [6]

Grey Munford

Vice President of Communication, CBS Films

(310) 575-7435

E-mail: Grey.Munford@cbs.com

SOURCES

[1] www.cbsfilms.com – Official website of CBS Films

[2] www.cbscorporation.com – Official website of CBS Corporation

[3] http://insidemovies.ew.com – Entertainment Weekly, Inside Movies, Announcement about new CBS film acquisition

[4] www.imdb.com – Movie and film information

[5]http://www.cbsfilms.com/news/seven_psychopaths_voted_best_ensemble_cast_by_the_boston_society_of_film_cr – Recent News on CBS Films

[6] http://www.cbspressexpress.com/cbs-films/ – Lastest press on CBS Films