De Laurentiis Entertainment Group (DEG) was a production company/distribution unit founded by producer Dino De Laurentiis. In February, 1988 DEG acquired Embassy Pictures from The Coca-Cola Company.
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| Industry | Film studio |
|---|---|
| Fate | Bankruptcy |
| Successor(s) | Village Roadshow |
| Founded | 1983 |
| Defunct | 1989 |
| Headquarters | Wilmington, North Carolina |
| Key people | Dino De Laurentiis |
| Products | Motion pictures |
De Laurentiis Entertainment Group (DEG) was a production company/distribution unit founded by producer Dino De Laurentiis. In February, 1988 DEG acquired Embassy Pictures from The Coca-Cola Company.
The company is notable for producing Manhunter, Blue Velvet, the horror films Near Dark and Evil Dead II, King Kong Lives (the sequel to De Laurentiis' remake of King Kong), and Bill & Ted's Excellent Adventure, as well as distributing Transformers: The Movie.
The company's main studios were located in Wilmington, North Carolina which is now EUE Screen Gems Studios. The studio's first releases were in 1986 but went bankrupt two years later after Million Dollar Mystery, among other films, failed at the box office. The company was acquired by Village Roadshow in 1988.[1]
Canadian distribution of DEG releases were done by Paramount Pictures.
DEG had an early version of Total Recall in pre-production with Patrick Swayze as Quaid and Bruce Beresford to direct (David Cronenberg had also been approached), where it was to have been shot in Australia. After DEG's bankruptcy, the film went in turnaround to Carolco Pictures.
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