Virtual Studios

Virtual Studios LLC was an American film financier, distributor and production studio based in The United States of America.

Virtual Studios, LLC
TypePrivate limited company
IndustryEntertainment
Founded1986 (1986)
FoundersTibor Hernadí,
Benjamin Waisbren
Defunct2009 (2009)
FateClosed
Headquarters
United States
Key people
Tibor Hernadí
ProductsMotion pictures
ServicesFilm financing,
Film production,
Film distribution,
Film development

History

Establishment and early years

Virtual Studios was founded by film directors and producers Tibor Hernadí and Benjamin Waisbren in 1986 as a film financier and media company. The funding was backed by Hedge fund, Pacific Title, and Stark Investments.

Film industry

The companies first film production and financing credits were the comedy-romance film Duane Hopwood and the dystopian political thriller film V for Vendetta in 2005. In 2006 they signed a deal to produce and finance films in association with Warner Bros.[1] Their next films (Poseidon, V for Vendetta, The Good German and 300) were all distributed by Warner Bros. The Assassination of Jesse James by the Coward Robert Ford was their last film they co-produced for Warner Bros. and the deal was signed off. Their last film was Bangkok Dangerous and the company was left dormant after the film became a box-office flop.

Virtual Films

Virtual Studios started a film distribution company called Virtual Films in early 2006. The company was short-lived and only lasted a year, and it was shut down in 2007. First Born was the only film Virtual Films distributed.

Closure

Virtual Studios ultimately closed in 2009 after being dormant for a year due to Hernadí and Waisbrein leaving the company to pursue other ventures.

Films
Release date Film title Notes
November 11, 2005Duane Hopwooddistributed by IFC Films; co-produced by Big Beach; first Virtual Studios film
March 17, 2006V For Vendetta

distributed and produced by Warner Bros.; co-produced by Silver Pictures Anarchos Productions Inc., Vertigo, Medienboard Berlin-Brandenburg and Fünfte Babelsberg Film GmbH.

May 12, 2006Poseidon

distributed by Warner Bros.; co-produced by, Irwin Allen Productions, Next Entertainment, Radiance Productions and Synthesis Entertainment.

December 8, 2006Blood Diamonddistributed by Warner Bros.; co-produced by Bedford Falls Productions and Initial Entertainment Group
December 15, 2006The Good Germandistributed by Warner Bros.; co-produced by Section 8
March 9, 2007300distributed by Warner Bros.; co-produced by Legendary Pictures, Atmosphere Pictures and Hollywood Gang Productions
March 20, 2007First Born
April 26, 2007Gardener of Edenco-produced by Appian Way Productions
April 27, 2007Nextdistributed by Paramount Pictures; co-produced by Revolution Studios, Initial Entertainment Group and Saturn Films
June 15, 2007Nancy Drewdistributed by Warner Bros.; co-produced by Jerry Weintraub Productions
September 21, 2007The Assassination of Jesse James by the Coward Robert Forddistributed by Warner Bros.; co-produced by Scott Free Productions and Plan B Entertainment
January 18, 2008Cassandra's Dreamdistributed by StudioCanal Limited overseas while The Weinstein Company handled the US Distribution rights; co-produced by The Wild Bunch
September 5, 2008Bangkok Dangerousdistributed by Lionsgate; co-produced by Saturn Films and Blue Star Entertainment; final Virtual Studios film

References
  1. Kay, Jeremy. "Warner Bros taps Virtual Studios to co-finance six titles". ScreenDaily. Retrieved 2021-04-15.{{cite web}}: CS1 maint: url-status (link)


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