1992 was really the last sort of high point for Carolco in 1992 as the rest is... Well, let's just say that now would be a good time to put on "The End" by The Doors while you read the rest of this post. Or "Freebird" if you are so inclined.
Projects were shelved (a failed Spider-Man film directed by James Cameron in '92; an Arnold Schwarzenegger/Paul Verhoeven flick called Crusade in '94) and probably the only reason the company limped on until 1995 was a late 1993 merger with The Vista Organization.
elsewhere, (briefly, it's very good) but the way this movie came together played a big part in the studio's demise as they were drowning in debt by this point.
1995 was the end for the company. They only had three releases but two out of the three are actually rather notable. The first was a Tom Berenger film called Last of the Dogmen that got decent reviews. The other two... Ugh!
The failure of Cutthroat Island was the straw that broke the camel's back (to say nothing of the careers and marriage of Renny Harlin and Geena Davis) and sealed Carolco's doom. They had a hell of a run though with some legit good movies, some fun hits and, as I think I've shown, more than their fair share of mistakes.
Carolco was a prime example of a studio consumed with 80's/90's excess done in by kung-fu treachery...
Uh, I mean greed and lousy financial judgment! Sometimes those two look very similar. If nothing else, they went out with a bang.
They might even be on the road back. A company formerly known as Brick Top Productions has bought the name and logo and hired Mario Kassar to help out with producing films, starting with a remake of the 1999 Japanese horror film Audition.
Hell, anything can happen.