12/31/2023 0 Comments Dirty dancing location picturesIn September 1987, upon the success of the company's biggest hit, Dirty Dancing, Vestron had to acquire 24 productions and pickups that were slated for release throughout 1988, and towards that end, the company had unveiled four productions before the end of the year, as well as four acquisitions, and called for a quality of its pictures with a $6 million budget. ![]() That year, in 1987, the Vestron Pictures unit had acquired worldwide rights to Bob Balaban's Parents, from production company Parents Productions, and Roger Holzberg's Midnight Crossing, from another independent production company, Team Effort Productions, with another Vestron subsidiary, Interaccess Film Distribution, to handle foreign sales and distribution rights on the two pictures. In December 1986, Vestron Pictures planned to grow enough in order to produce ten films and to acquire 10-15 films in order to become a virtual low-budget film studio, and the Lightning Pictures genre label ran under $2 million, while titles from the mainstream label ran $2–6 million, and the company was relegated to low-budget production without resorting to exploitation filmmaking, and shooting for a broad base that expanded beyond the specialty market into all segments of the viewing audience. On October 1, 1986, Vestron Pictures and Gotham-based financial outfit Integrated Resources, Inc., which cost a $100 million joint venture to handle underwriting of the production and distribution of 15 in-house Vestron Pictures' feature films, which planned to run from 1987 to 1989, and had to pain a distinctly upbeat of the co-venture's potential. The first Vestron Pictures film released was Malcolm, the Australian feature film that launched a New York run on July 18, 1986. ![]() The company was initially kicked off to "pursue projects" with top producers, namely Steve Tisch, Larry Turman and Gene Kirkwood, and Vestron would have to finance projects, and do a decided number of series and relationships.
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