21st Century Film Corporation
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21st Century Film Corporation was a small scale theatrical distribution company formed by Israeli filmmaker Menahem Golan. After Golan's previous company, Cannon Films, was taken over by Pathé Communications in 1986, Golan started 21st Century Film in 1988 with a goal to release high quality motion pictures to the American and worldwide film audience.
21st Century only enjoyed small success, releasing remakes of Phantom of the Opera and Night of the Living Dead. In 1990, 21st Century bought the film rights to two Marvel Comics heroes, Captain America and Spider-Man. Captain America was filmed and was given only a limited theatrical release worldwide, despite its major budget. In later years, 21st Century eventually lost the rights to filming Spider-Man, and the studio eventually went bankrupt in 1996 and closed.
Menahem Golan is now the head of New Cannon Inc.
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