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In November 1995, Carolco filed for Chapter 11 bankruptcy protection. Cutthroat Island was released that Christmas and became a box-office disaster. Carolco agreed to sell its assets to 20th Century Fox for $50 million.
Carolco Pictures Inc. said yesterday that it had filed for bankruptcy protection and agreed to sell most of its assets for $50 million to 20th Century Fox, a unit of the News Corporation....
Mar 11, 2014 · By the time Cutthroat Island came out in US cinemas in December 1992, Carolco had already filed for Chapter 11 bankruptcy protection, and if there were hopes that the pirate movie could save...
Sep 26, 2023 · Cutthroat Island was a massive financial failure for Carolco Pictures, ultimately leading to the company's bankruptcy. The film's budget continued to rise due to elaborate sets, costumes, and...
Nov 13, 1995 · Carolco Pictures, whose films included the ``Rambo' movies, ``Total Recall' and ``Terminator 2: Judgment Day,' has filed for bankruptcy, and News Corp.'s 20th Century Fox will buy most of the...
Sep 17, 1996 · Carolco Pictures Inc. said yesterday that it had filed a bankruptcy reorganization plan to liquidate its assets and distribute proceeds valued at $90 million to creditors. The plan, filed in...
Nov 13, 1995 · Carolco Pictures finally ran out of time Nov. 10, announcing it had filed a voluntary Chapter 11 bankruptcy reorganization petition and planned to sell its major assets to 20th Century Fox...
