The story
Founded by Tom Rothman in 1994, in Los Angeles.1
Before the creation of Searchlight Pictures
Prior to the creation of Searchlight Pictures, 20th Century Fox was active in the specialty film market, releasing independent and specialty films under the banner of 20th Century-Fox International Classics, later renamed 20th Century-Fox Specialized Film Division, then TLC Films. The most notable of the releases under these banners include Suspiria, Bill Cosby: Himself, Eating Raoul, The Gods Must Be Crazy, Reuben, Reuben, and Ziggy Stardust and the Spiders from Mars.
In the early 1990s, 20th Century Fox executives decided to emulate the commercial success of Disney's newly acquired Miramax studio. In 1994, Fox announced the formation of a subsidiary that would drive their entry into the specialty film market, and in July that year, they brought in Thomas Rothman, then president of production at The Samuel Goldwyn Company, to head up the new subsidiary. It was soon given the name "Fox Searchlight Pictures", with Rothman as its founding president. The new company inherited the familiar branding elements associated with 20th Century Fox; Fox Searchlight films opened with a production logo consisting of the "Fox Searchlight Pictures" name presented as a large monolith, illuminated by the eponymous searchlights and accompanied by the 20th Century Fox fanfare composed by Alfred Newman.
First years and 21st Century Fox era
From its first release, The Brothers McMullen (1995), Fox Searchlight went to distribute a series of independent films such as Girl 6, Stealing Beauty, and She's the One (all 1996). While critically well received, these early releases were not commercially successful; Fox Searchlight's first real commercial breakthrough came with The Full Monty (1997), garnering the studio's first awards.
In 2006, a companion label, Fox Atomic, was created to produce and/or distribute genre films. Fox Atomic closed down in 2009.
On June 28, 2012, Rupert Murdoch announced that Fox Searchlight's owner News Corporation would be split into two publishing and media oriented companies: the second News Corporation, which takes on the publishing and Australian broadcasting assets, and 21st Century Fox, which operated Fox Searchlight parent Fox Entertainment Group. Murdoch states that the 21CF name was a way to maintain 20th Century Fox's heritage.
Fox Stage Productions was formed in June 2013. The creation of 21st Century Fox was completed on June 28, 2013. In August 2013, 20CF started a theatrical joint venture with a trio of producers, both film and theater, Kevin McCollum, John Davis and Tom McGrath.
Nancy Utley joined Fox’s Searchlight branch in 1999, and she served in leadership capacities for over 20 years. Gilula and Utley were partnered at Searchlight since 1999 and jointly served as presidents of Searchlight since 2009. They first collaborated on “Boys Don’t Cry,” which was released in 1999 and as of 2018, led the release of 150 Searchlight productions and acquisitions. Under Utley and Gilula, Searchlight received 122 Golden Globe nominations, 159 Oscar nominations, and 40 Oscars, including four Best Picture Awards. Notable films released under Utley’s tenure at Searchlight include Jojo Rabbit, The Favourite, Three Billboards Outside Ebbing, Missouri; The Grand Budapest Hotel, Beasts of the Southern Wild, The Best Exotic Marigold Hotel, Juno, Little Miss Sunshine, Napoleon Dynamite, Boys Don’t Cry, Black Swan, Sideways, The Tree of Life, Nightmare Alley, Slumdog Millionaire, The Shape of Water, 12 Years a Slave, and Nomadland. As of 2018, Searchlight had grossed over $5 billion in worldwide box office sales.
Disney era
On December 14, 2017, the Walt Disney Company agreed to acquire most assets from 21st Century Fox, including Fox Searchlight, for $52.4 billion. After a bid from Comcast (parent company of NBCUniversal) for $65 billion, Disney counterbid with $71.3 billion. On July 19, 2018, Comcast dropped out of the bid for 21st Century Fox in favor of Sky plc and Sky UK. Eight days later, Disney and 21CF shareholders approved the merger between the two companies. On March 12, 2019, Disney announced it has set to close the Fox deal on March 20. On March 19, 2019, 21st Century Fox spun off the remaining assets – the Fox Broadcasting Company, Fox Television Stations, the Fox News Group (which includes the Fox News Channel), and the domestic operations of Fox Sports – to the new Fox Corporation in preparation for the completion of the sale, which occurred the following day. The following day it was announced that Fox Searchlight Pictures would be situated under The Walt Disney Studios banner and several high profile layoffs occurred.
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As of November 2019, FX Networks and Fox Searchlight were assigned to supply Hulu with content. On January 17, 2020, it was announced that the "Fox" name would be dropped from several of the Fox assets that were acquired by Disney, shortening the company's name to "Searchlight Pictures", in order to avoid brand confusion with Fox Corporation.
The then co-chairs Nancy Utley and Steve Gilula stayed on through the transition. In 2021, Utley departed Searchlight Pictures to launch Lake Ellyn Entertainment, and struck a first look deal with Chernin Entertainment. Disney elevated David Greenbaum and Matthew Greenfield, the then-current heads of production. In February 2024, it was announced that David Greenbaum would take over Sean Bailey and Steve Asbell's roles as the new head of Disney Live Action & 20th Century Studios, leaving Greenfield as the sole President of the studio.
In April 2025, Disney announced that it would not renew its lease with Fox Corporation and that it would vacate the Fox Studio Lot in Century City at the end of 2025. As a result, Searchlight relocated to the Walt Disney Studios in Burbank.
From Wikipedia’s article on Searchlight Pictures, shared under CC BY-SA 4.0.4