Virtual Studios, LLC

Type	Private limited company
Industry	Entertainment
Founded	1986; 37 years ago (1986)
Founders	Tibor Hernadí, Benjamin Waisbren
Defunct	2009; 14 years ago (2009)
Fate	Closed
Headquarters	United States
Key people	Tibor Hernadí
Products	Motion pictures
Services	Film financing, Film production, Film distribution, Film development

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

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

References