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During the late 1960s and 1970s the saturation of the
horror market by competitors and the loss of American
funding forced changes to the previously lucrative
Hammer-formula, with varying degrees of success.
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The
company eventually ceased production in the mid-1980s
and has remained in effective hibernation since. In 2000
the studio announced plans to begin making films again
after being bought by a consortium including advertising
guru and art collector Charles Saatchi, but no films
have been produced since.
In May 2007 the company behind
the movies was sold to a group headed by Big Brother
creator John de Mol. At least $50m (£25m) will be spent
on new horror films after Hammer Film Productions was
sold to Dutch consortium Cyrte Investments. The new
owners have also acquired the Hammer group's back
catalogue.
The term "Hammer Horror" is often used generically to
refer to other films of the period made in a similar
style by different companies, such as Eros Films, Amicus
Productions and Tigon British Film Productions.
Hammer Film Productions
Early history (1935 to 1937) — Hammer Productions
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