2017, StudioCanal and Carolco reached an agreement whereby StudioCanal would have sole control of the Carolco name and logo and the Carolco Pictures company would be renamed Recall Studios. That agreement settled a legal dispute over the Carolco mark brought by StudioCanal. The arrangement took effect on November 29 of that year. Carolco's library After its bankruptcy, the assets of Carolco were sold off to other companies, most already sold during Carolco's existence. In March 1996, Canal+ purchased the library in bankruptcy court for a value of approximately $58 million. The ancillary rights to Carolco's library (up to 1995 with certain exceptions) are held by French production company StudioCanal, since its parent company, Canal+ Group, owned a stake in Carolco, eventually buying out its partners. On September 17, 1991, Multimedia Entertainment acquired selected assets of Carolco's television distribution unit Orbis Communications, which included the telefilm subsidiary Carolco Television Productions. In 1992, Carolco Pictures licensed television distribution rights to its library to Spelling Entertainment’s Worldvision Enterprises in order to pay off debt. In North America, with certain exceptions, those rights were (and currently still are) held by Paramount Television Studios through Trifecta Entertainment & Media as the successor to Spelling/Worldvision. All other rights in terms of home video were (and for a majority of the library, still are) licensed to Lionsgate under an ongoing deal with StudioCanal. Lionsgate, in turn, licensed those rights in Canada to Entertainment One, although theatrical rights to most of the library were split between Sony Pictures (for Cliffhanger), and Rialto Pictures (for the rest of the library not already retained by its original distributors or passed on to other companies). The video rights to most titles previously released by Lionsgate in North America are now held outright by StudioCanal, and sublicensed to Kino Lorber. StudioCanal itself held full distribution rights in France, Germany, Australia, Ireland, and the United Kingdom. In other territories, StudioCanal licensed home video rights to Universal Pictures Home Entertainment until StudioCanal's global distribution deal with Universal expired in January 2022. Filmography 1970s 1980s 1990s Seven Arts Pictures References Further reading Prince, Stephen (2000) A New Pot of Gold: Hollywood Under the Electronic Rainbow, 1980–1989. University of California Press, Berkeley/Los Angeles, California. StudioCanal Entertainment companies established in 1976 Mass media companies established in 1976 Mass media companies disestablished in 1995 Defunct American film studios Film production companies of the United States Entertainment companies based