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  • Interscope Communications was a motion picture production company founded in 1982 by Ted Field. Its divisions included Interscope Records. In 1990, Nomura Babcock & Brown invested $250 million in a joint venture with The Walt Disney Company and Interscope Communications. The deal called for NBB to co-produce and finance films for Interscope and Disney for four years. The joint venture produced five films between 1992 and 1995, all of which were marketed and released under two of Disney's production banners, Touchstone Pictures and Hollywood Pictures. In 1992, PolyGram bought a controlling interest in Interscope's film division. In 1999, after PolyGram was bought by Universal, Interscope's film unit was retained as a subsidiary of Universal Studios until it was shut down in 2003. Interscope Records, however, still exists as part of Universal Music Group. Wikipedia

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