[5][6] Golan's goal was to release high-quality motion pictures to the American and worldwide film audiences, but 21st Century only enjoyed small-scale success releasing low-budget films like Bullseye!, as well as remakes of The Phantom of the Opera and Night of the Living Dead.

In 1993, Golan triggered a series of lawsuits for 21st Century over Spider-Man as he feared being pushed out.

In 1995, the judge ruled that the Spider-Man film rights expired and reverted to Marvel, and Carolco had a quitclaim deed after being closed a year after.

[11] (Ironically, MGM had merged with Pathé/Cannon earlier and was a theatrical distributor of Carolco's films at the time).

Paramount Pictures (inherited from Viacom), currently holds television and streaming rights to 21st Century library with Trifecta Entertainment & Media handling U.S. distribution.