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Golan-Globus

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Golan-Globus produced a distinctive line of low-budget films from 1979 to 1989.

The Golan-Globus team refers to Israeli producer Menahem Golan and his cousin Yoram Globus (b. 1929 and 1941 respectively in Tiberias). The duo initially produced Israeli films, like Operation Thunderbolt and the international hit teen comedy Lemon Popsicle (Eis am Stiel), before coming to the United States in 1979. They bought controlling interest in Cannon Films and forged a business model of buying bottom-barrel scripts and putting them into production.

Golan and Globus tapped into a ravenous market for action films in the 1980s, and although they are most remembered for the Death Wish sequels and Chuck Norris action pictures, Cannon's output was actually far more varied, with musical/comedy films like Breakin', , The Last American Virgin and The Apple, historical/romance pictures like Lady Chatterley's Lover, Bolero and Mata Hari, science fiction and fantasy films like Hercules and The Barbarians, as well as "serious" pictures like Zeffirelli's Othello, Norman Mailer's Tough Guys Don't Dance, and Andrei Konchalovsky's Runaway Train and Shy People.

By 1986, when company earnings reached their apex with 43 films in one year, Cannon shares had soared hundredfold. However during the late 1980s the market had cooled and Cannon Films was severely stretched, having purchased Thorn-EMI, and faced bankruptcy and a U.S. Securities and Exchange Commission investigation. Cannon Films went to new owners in 1989. Golan became the head of 21st Century Film Corporation while Globus went on to preside briefly over MGM/UA, which now owns some ancillary rights to most of Cannon's film library, while television rights are owned by CBS (owners of the successor-in-interest to the Paramount/Viacom television unit).

After Cannon's financial problems and the two cousins' split, they made competing movies with their new companies based on the contemporaneous lambada dance craze, and spitefully released the two movies on the same day in March 1990.

Film critic Roger Ebert said of Golan-Globus in 1987, "No other production organization in the world today has taken more chances with serious, marginal films."

Among the films produced by the Golan-Globus team include , Cobra, Death Wish II, The Delta Force, Invasion U.S.A., Missing in Action, King Solomon's Mines, American Ninja, and Lifeforce. The films also boosted the careers of Chuck Norris, Charles Bronson, and Sylvester Stallone.

The Cannon Group's first films in the United States were distributed independently and released on home video on the small Paragon Video label. Then, they made a deal with MGM, and their movies were distributed for home video (and later some films theatrically) by MGM, appearing in the ubiquitous gray MGM Video "big boxes." Later, Golan and Globus had a falling out with MGM, supposedly over the X-rated Bolero with Bo Derek. Their movies were then released on home video for a short time on Heron Communications' Media Home Entertainment unit, with some of the larger films, like Masters of the Universe and Over the Top, distributed by either TriStar or Warner Bros. Cannon then partnered with HBO and began its own video label, which lasted into the 90s.

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