Touchstone Pictures

Touchstone Pictures was an American film distribution label of Walt Disney Studios, founded and owned by The Walt Disney Company. Feature films released under the Touchstone label were produced and financed by Walt Disney Studios, and featured more mature themes targeted at adult audiences than typical Walt Disney Pictures films. As such, Touchstone was merely a pseudonym label for the studio and did not exist as a distinct business operation.Letter signed by
Thomas O. Staggs (Senior Executive Vice President & Chief Financial Officer, The Walt Disney Company) to the U.S. Securities and Exchange Commission, March 1, 2007. Retrieved on May 6, 2013.

Established on February 15, 1984, by then-Disney CEO Ron W. Miller as Touchstone Films, Touchstone operated as an active film production division of Disney during the mid 1980s through the early 2010s, releasing a majority of the studio's PG-13 and R-rated films. In 2009, Disney entered into a five-year, thirty-picture distribution deal with DreamWorks Pictures under which DreamWorks' productions would be released through the Touchstone banner; the label then distributed DreamWorks' films from 2011 to 2016. Following the release of DreamWorks' '' The Light Between Oceans'' (2016), the Touchstone label was retired.

History

Background and conception

Due to the increased public assumption that Disney films were aimed at children and families, films produced by Walt Disney Productions began to falter at the box office. This began in 1975 with the release of '' Escape to Witch Mountain'' and its 1978 sequel. In late 1979, Walt Disney Productions released '' The Black Hole'', a science-fiction movie that was the studio's first production to receive a PG rating (the company, however, had already distributed via Buena Vista Distribution its first PG-rated film, '' Take Down'', almost a year before the release of ''The Black Hole'').

Over the next few years, Disney experimented with more PG-rated fare, such as the horror-mystery '' The Watcher in the Woods'', the spy-themed comedy '' Condorman'', and the Paramount Pictures co-produced fantasy epic '' Dragonslayer''. With Disney's 1982 slate of PG-rated films, which included the thriller drama '' Night Crossing'' and the science-fiction film '' Tron'', the company lost over $27 million. ''Tron'' was considered a potential '' Star Wars''-level success by the production company.

In late 1982, Disney vice president of production Tom Wilhite announced that they would produce and release more mature films under a new brand. Wilhite elaborated to ''The New York Times'': "We won't get into horror or exploitive sex, but using a non-Disney name will allow us wider latitude in the maturity of the subject matter and the edge we can add to the humor." He stated that one of the first films that would be released under this new brand was '' Trenchcoat'', a comedy caper starring Margot Kidder and Robert Hays; however, the new brand had not yet been created by the time of the film's release in March 1983, so it was instead released by Walt Disney Productions, but with no production company credited in the released prints.

Disney registered a loss of $33 million in 1983, resulting primarily from such films as the adaptation of Ray Bradbury's horror-fantasy novel '' Something Wicked This Way Comes'', the horror-comedy '' The Devil and Max Devlin'' starring Elliott Gould and Bill Cosby, and the dramas ''Tex'' and '' Never Cry Wolf'', the latter a PG release that featured male nudity, which did well as the studio downplayed the film's association with the Disney brand.

Early years as Touchstone Films

Touchstone Films was founded by then-Disney CEO Ron W. Miller on February 15, 1984, as a label for their PG films, with an expected three to four movies released under the label. Touchstone Films' first film was '' Splash'', a huge hit that grossed $68 million at the domestic box office that year. Touchstone Films was a brand chosen from over 1,200 potential names; the runner-up name was "Silver Wind". Incoming Disney CEO Michael Eisner and film chief Jeffrey Katzenberg considered renaming the label to "Hollywood Pictures", which went on to become a separate Disney film label on February 1, 1989. The logo is often mistaken as a thunderbolt within a blue sphere. The intent is that the blue ball is actually the "stone", while the yellow marking over it is the streak left behind by the stone's use.

In 1986, '' Down and Out in Beverly Hills'' was another early success for Touchstone and was Disney's first R-rated film. It was followed in 1987 by Disney's first PG-13-rated film, '' Adventures in Babysitting''. Disney increased the momentum with additional PG-13 and R-rated films with '' Ruthless People'' (1986), '' Outrageous Fortune'' (1987), '' Tin Men'' (1987), and other top movies. In April 1986, Touchstone films were licensed to Showtime/The Movie Channel for five years, starting in 1987.

Renomination

Touchstone Films was renamed Touchstone Pictures after the release of ''Ruthless People'' in 1986. With Touchstone films, Disney moved to the top of box office receipts, beating out all the other major film studios by 1988. On April 13, 1988, Touchstone became a unit of Walt Disney Pictures under newly appointed president Ricardo Mestres. On October 23, 1990, Disney formed Touchwood Pacific Partners I to supplant the Silver Screen Partners partnership series as their movie studios' primary funding source.

With several production companies getting out of film production or closing shop by December 2, 1988, the Walt Disney Studios announced the formation of the Hollywood Pictures division, which would only share marketing and distribution with Touchstone, to fill the void. Mestres was appointed president of Hollywood. On July 27, 1992, Touchstone agreed to an exclusive, first-look production and distribution agreement with Merchant Ivory Productions for three years.

Following the success of the Disney-branded PG-13-rated '' Pirates of the Caribbean: The Curse of the Black Pearl'' in 2003 and other films that in the 1980s and 1990s would have been released as Touchstone or Hollywood Pictures films, Disney weighed distribution of films more toward Disney-branded films and away from Touchstone, though (before 2016) not entirely disbanding them as it continued to use the Touchstone label for R and most PG-13-rated fare. In 2006, Disney limited Touchstone's output to two or three films in favor of Walt Disney Pictures titles due to an increase in film industry costs. Disney indicated scaling back on using multiple brands in 2007 with the renaming of Touchstone Television to ABC Television Studio in February and the outright elimination of the Buena Vista brand in April. On January 14, 2010, Sean Bailey was appointed president of live-action production at Walt Disney Studios, overseeing all films produced by Walt Disney Pictures and Touchstone Pictures.

DreamWorks deal and dormancy

In 2009, Disney entered into a distribution deal with DreamWorks Studios and repurposed Touchstone as a distribution label for DreamWorks films. Disney provided $100 million in financing to DreamWorks productions and an additional $75 million credit line if DreamWorks could not get additional equity funding. In January 2012, Disney was reportedly in the early stages of considering Touchstone's fate, including a possible sale.

Following Disney's decision not to renew their long-standing deal with Jerry Bruckheimer Films in 2013, producer Jerry Bruckheimer revealed that he insisted on revitalizing the Touchstone label for production. Disney was uninterested, with studio chairman Alan Horn admitting that Touchstone's output had been reduced to only distributing DreamWorks' films as those films were in the label's interest. In addition to DreamWorks' films, Touchstone also released non-Disney-branded animated films such as '' Gnomeo & Juliet'', '' The Wind Rises'', and '' Strange Magic''.

By the end of the DreamWorks deal in August 2016, Disney had distributed 14 of DreamWorks' original 30-picture agreement, with thirteen through Touchstone. The deal ended with '' The Light Between Oceans'' being the final theatrical film released by Disney under the Touchstone banner. Universal Pictures then replaced Disney as DreamWorks' distributor. Disney retained the film rights to these DreamWorks films in perpetuity as compensation for the studio's outstanding loan.

Following the release of ''The Light Between Oceans'', the label became defunct. Since then, several other Disney divisions have produced or are developing television series and films based on previous Touchstone properties—such as '' Turner & Hooch, High Fidelity,'' '' Three Men and a Baby'', '' Sister Act'', and '' Real Steel—''for Disney+ and Hulu.

Film library

Some well-known Touchstone Pictures releases include '' Beaches'', '' Turner & Hooch'', '' Splash'', '' The Color of Money'', '' Down and Out in Beverly Hills'', '' Good Morning, Vietnam'', ''Who Framed Roger Rabbit'', '' Dead Poets Society'', '' Dick Tracy'', '' Pretty Woman'', '' Sister Act'', '' Ed Wood'', '' Up Close & Personal'', '' The Waterboy'', '' The Insider'', ''The Royal Tenenbaums'', '' Sweet Home Alabama'', ''The Hitchhiker's Guide to the Galaxy'', '' The Prestige'', '' The Help'', '' War Horse'', '' Lincoln'', and '' Bridge of Spies''. Its highest-grossing film release is '' Armageddon'', grossing $553.7 million worldwide. Although animated films produced by Walt Disney Studios are primarily released by Walt Disney Pictures, Touchstone's animated releases include the original theatrical release of '' The Nightmare Before Christmas'', '' Gnomeo & Juliet'', '' The Wind Rises'', and '' Strange Magic''. Six Touchstone films have received nominations for the Academy Award for Best Picture: ''Dead Poets Society'', ''The Insider'', ''The Help'', ''War Horse'', ''Lincoln'', and ''Bridge of Spies''.

Through Touchstone, Disney's first R-rated film, ''Down and Out in Beverly Hills'', was released on January 31, 1986, and was a box office success. ''Ruthless People'' followed on June 27, 1986, and was also very successful. Both of these pictures starred Bette Midler, who had signed a six-picture deal with Disney and became a major film star again with these hits as well as ''Beaches'' and ''Outrageous Fortune''.

One of the most notable producers of Touchstone films was Jerry Bruckheimer, who had a production deal with Disney from 1993 to 2014. Touchstone films produced by Bruckheimer include '' The Ref'', '' Con Air'', '' Armageddon'', '' Enemy of the State'', '' Gone in 60 Seconds'', '' Coyote Ugly'', and '' Pearl Harbor''. Bruckheimer also produced several other films released under the Disney and Hollywood Pictures labels.

Releases from Touchstone were distributed theatrically by Walt Disney Studios Motion Pictures and through home media platforms by Buena Vista Home Entertainment (branded as "Touchstone Home Entertainment").

Highest-grossing films

Related units

Touchstone Television

Touchstone Television served as Touchstone Pictures' counterpart label for television programming, producing television series including ''The Golden Girls'', ''Blossom'', ''Home Improvement'', ''Ellen'', '' My Wife and Kids'', '' Scrubs'', ''Monk'', '' Lost'', '' Desperate Housewives'', ''Grey's Anatomy'', and '' Criminal Minds''. In 2007, the company was renamed ABC Studios as part of a move by Disney to re-align its studios around core brands such as ABC.

On August 10, 2020, Disney announced that it would revive the Touchstone Television brand as a renaming of Fox 21 Television Studios as part of its phase-out of the "Fox" brand from the studios it acquired from 21st Century Fox. At the same time, the existing ABC Studios merged with the previous iteration of ABC Signature Studios to form ABC Signature.

However, on December 1, 2020, Disney announced the revived Touchstone Television label would be folded into 20th Television. Subsequently, on October 1, 2024, Disney announced that ABC Signature would also be folded into 20th Television.

Touchstone Interactive

By the end of 2007, Disney's video game subsidiary Buena Vista Games had begun to produce material under its own short-lived Touchstone imprint. As is the case with its motion picture and television counterparts, Touchstone Interactive merely acted as a brand label of Disney Interactive and not its own entity. The only title it released was the ''Turok'' video game in 2008.

Touchmark Comics

In the early 1990s, after having pulled their comic licenses from Gladstone Publishing and begun to create comics based on Disney properties themselves through the Disney Comics label, the company additionally considered an expansion into the burgeoning adult comics market (the expansion also included Hollywood Comics, modeled after Hollywood Pictures, and Vista Comics, offering stories based on Disney's superhero and adventure films). Former DC Comics editor Art Young led the nascent effort, which was aided by his contacts within the British and American comic markets. The new label was dubbed Touchmark Comics, echoing the Touchstone brand used for films and television. Proposed titles included '' Enigma'' by Peter Milligan and '' Sebastian O'' by Grant Morrison. The brand got as far as a promotional booklet given out at the 1991 San Diego Comic-Con.

Before the idea could progress further, however, the so-called "Disney Implosion" (the result of poor sales and aggressive overexpansion) forced the company to cut back on its comic book ambitions, and Touchmark was scrapped. Young subsequently returned to DC and helped launch the Vertigo imprint in 1993, using many of the intended projects from Touchmark. Now as Marvel Comics.

References

Further reading

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1984 establishments in California
2016 disestablishments in California
American companies established in 1984
American companies disestablished in 2016
Disney production studios
Film production companies of the United States
Entertainment companies based in California
Companies based in Burbank, California
Mass media companies established in 1984
Mass media companies disestablished in 2016
Defunct brands
Walt Disney Studios (division)
The Walt Disney Company subsidiaries
Defunct film and television production companies of the United States