The story
Gold Circle Films was a subsidiary of Gold Circle Entertainment, which was founded in 1996 by Norman Waitt Jr., one of the co-founders of Gateway, Inc. The original company was launched as an umbrella organization where Gold Circle would help market and distribute music releases for record labels. Waitt launched the film division in May 2000.
Gold Circle distributed most of their films internationally through Senator International.
Gold Circle was turned down, as well as DreamWorks Pictures, in an offer to produce Twisted's indie film, Saw, as Lionsgate would end up purchasing the rights and made it a huge success, spawning a franchise of films. In 2004, the company struck a first-look deal at Universal Pictures to distrubte the company's properties, as well as a second-look deal with Paramount Pictures. The company in 2005 had a first-look deal with.40 Caliber Films.
In 2011, Blumhouse (studio behind franchises such as Paranormal Activity, Sinister, The Purge, Unfriended, and Happy Death Day) joined forces with Gold Circle to create Angle Films. In 2011, the company reupped its deal with Universal Pictures, to distribute six films between 2012 and 2014, as well as content by Angle Films.
From Wikipedia’s article on Gold Circle Films, shared under CC BY-SA 4.0.4