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Foundation date 1 january 1974
Atlantic Entertainment Group, also known as Atlantic Releasing Corporation was an independent film production and distribution company founded by Tom Coleman and Michael Rosenblatt in 1974. Their initial releases were mostly geared to arthouse audiences, with an especially large number of Australian productions, as well as releasing two Brazilian productions, Eu Te Amo and Lady on the Bus, that introduced American audiences to actress Sonia Braga. They shifted their focus to small-budgeted independent films in the early '80s, beginning with the surprise success of Valley Girl in 1983, directed by Martha Coolidge. Night of the Comet, released in 1984, would be their first film to open on over 1000 screens. In 1985, they began a relationship with Paramount Pictures where the studio provided them money for larger-scale theatrical releases in exchange for home video and television rights to their films. In January 1989, Atlantic made a new deal with Kartes Video Communications for home video rights to the movies previously covered in the Paramount deal. However, they ultimately ceased operation shortly after this deal, amidst large financial losses from larger-budgeted films such as 1969.
Some of the company's most notable films include:
The Murri Affair (1974)
He Is My Brother (1975)
Something to Hide (1976)
Caddie (1976)
In Search of Bigfoot (1976)
Max Havelaar (1976)
The Day the Music Died (1977)
Bonjour Amour (1977)
Madame Rosa (1977)
Lady on the Bus (1978)
The Irishman (1978)
Boarding School (1978)
The Hound of the Baskervilles (1978)
The Getting of Wisdom (1978)
The Odd Job (1978)
Once in Paris... (1978)
Bahia (1979)
Womanlight (1979)
Boardwalk (1979)
Rude Boy (1980)
I Sent a Letter to My Love (1980)
The Attic (1980)
Below the Belt (1980)
Montenegro (1981)
Eu Te Amo (1981)
Breach of Contract (1982)
The Loveless (1982)
Smash Palace (1982)
By Design (1982)
Aphrodite (1982)
Norman Loves Rose (1982)
Waltz Across Texas (1982)
Valley Girl (1983)
Kamla (1984)
Talk to Me (1984)
Alphabet City (1984)
Vamping (1984)
1984 (1984)
City Limits (1984)
Night of the Comet (1984)
Roadhouse 66 (1985)
Water (1985, produced by Handmade Films)
Teen Wolf (1985)
Starchaser: The Legend of Orin (1985)
Stephen King's World of Horror (1986) (TV)
Nomads (1986)
Echo Park (1986)
Stoogemania (1986)
Extremities (1986)
The Men's Club (1986)
The Fringe Dwellers (1986)
Modern Girls (1986)
The Umbrella Woman (1987)
Wild Thing (1987)
Steele Justice (1987)
Summer Heat (1987)
Wish You Were Here (1987)
A Tiger's Tale (1987)
Home Is Where the Hart Is (1987)
The Garbage Pail Kids Movie (1987)
Teen Wolf Too (1987)
Stormy Monday (1988)
Patty Hearst (1988)
A Soldier's Tale (1988)
For Queen & Country (1988)
A World Apart (1988)
Cop (1988)
A Summer Story (1988)
1969 (1988)
The library was bought by Island Pictures, which was later absorbed into PolyGram Filmed Entertainment. For a number of years, Paramount Pictures had TV and video distribution rights to Atlantic's library, some from their previous deal with the company, others inherited when Viacom, who had purchased TV rights to many earlier Atlantic releases, merged with Paramount. MGM now distributes most of the library as a result of purchasing the pre-1996 portion of PolyGram's library.