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In January 1995, Kaufman announced that he was hiring [[Robert N. Fried]] to run the motion picture studio. Fried brought in executives [[Alan Sokol]], [[Bob Levin]], [[Cathy Schulman]], [[Stanley Brooks|Stan Brooks]], [[Stan Wlodkowski]] and filmmakers [[Sam Raimi]], and [[George Tillman Jr.|George Tillman]], [[Rob Weiss]] and [[Peter Chelsom]]. In September 1995, Kaufman announced that he was cutting back on his interest in the motion picture business and was re-positioning the company as a television station [[holding company]].<ref>[https://www.nytimes.com/1995/09/18/business/savoy-pictures-to-focus-on-tv.html ''Savoy Pictures To Focus on TV''.] ''[[The Los Angeles Times]]'' (September 18, 1995)</ref>
Shortly thereafter, Savoy announced the sale of 14 films in its roster, in varying stages of production, to potential buyers.<ref>{{Cite magazine|url=https://ew.com/article/1995/11/10/savoy-leaves-spotlight/|title=Savoy leaves the spotlight|magazine=[[Entertainment Weekly]] |access-date=2016-09-08}}</ref> [[New Line Cinema]] picked up [[Martin Lawrence]]'s directorial debut ''[[A Thin Line Between Love and Hate]]'', ''[[American History X]]'', ''[[The Adventures of Pinocchio (1996 film)|The Adventures of Pinocchio]]'', ''[[Heaven's Prisoners]]'', ''[[Faithful (1996 film)|Faithful]]'', and ''[[The Stupids (film)|The Stupids]]''.<ref>{{Cite news|url=https://www.nytimes.com/1997/03/09/movies/lost-without-a-screen-the-fate-of-orphan-films.html|title=Lost Without a Screen: the Fate of 'Orphan' Films|last=Abramovitch|first=Ingrid|date=1997-03-09|newspaper=The New York Times|issn=0362-4331|access-date=2016-09-08}}</ref><ref>{{Cite news|url=https://www.latimes.com/archives/la-xpm-1998-sep-13-2-story.html|title=Courting Trouble|last=Goldstein|first=Patrick|date=1998-09-13|newspaper=Los Angeles Times|language=en-US|issn=0458-3035|access-date=2016-09-08}}{{dead link|date=June 2021|bot=medic}}{{cbignore|bot=medic}}</ref><ref>{{Cite news|url=https://www.latimes.com/archives/la-xpm-1995-11-21-fi-5665-story.html|title=COMPANY TOWN : New Line Gains Domestic Rights to 4 Savoy Films|last=BATES|first=JAMES|date=1995-11-21|newspaper=Los Angeles Times|language=en-US|issn=0458-3035|access-date=2016-09-08}}</ref> [[Paramount Pictures]] picked up the rights to produce ''[[A Simple Plan (film)|A Simple Plan]]'', and the distribution rights of ''[[Private Parts (1997 film)|Private Parts]]''.<ref>{{Cite web|url=https://www.thefreelibrary.com/ILL-FATED+%2560SIMPLE+PLAN'+OFF+AGAIN.-a083853335|title=ILL-FATED 'SIMPLE PLAN' OFF AGAIN. - Free Online Library|website=www.thefreelibrary.com|access-date=2016-09-08}}</ref><ref>{{Cite web |last=Staff |first=Variety |date=1995-04-03 |title=FUTURE FILMS |url=https://variety.com/1995/film/features/future-films-7-99127851/ |access-date=2024-09-06 |website=Variety |language=en-US}}</ref> Only a single film Savoy is planning on to release, ''[[Mariette in Ecstasy]]'', has been left unreleased, until 2019, when the film's director [[John Bailey (cinematographer)|John Bailey]], eventually saw a screening at the 2019 [[Camerimage|Camerimage International Film Festival]].<ref>{{Cite web |last=By |date=1996-02-18 |title=HANSEN’S `ATTICUS’ RETURNS TO FAMILIAR SPIRITUAL GROUND |url=https://www.courant.com/1996/02/18/hansens-atticus-returns-to-familiar-spiritual-ground/ |access-date=2024-09-06 |website=Hartford Courant |language=en-US}}</ref><ref>{{Cite web |title=JOHN BAILEY WITH CAMERIMAGE LIFETIME ACHIEVEMENT AWARD! – EnergaCAMERIMAGE 2024 |url=https://camerimage.pl/en/john-bailey-z-nagroda-camerimage-za-caloksztalt-tworczosci/ |access-date=2024-09-06 |website=camerimage.pl}}</ref>
Savoy Pictures announced in November 1995 that [[Barry Diller]]'s [[IAC/Interactive Corporation|Silver King Communications]] was going to acquire Savoy for $210 million.<ref>{{cite magazine|magazine=[[Daily Variety]]|date=November 28, 1995|page=1|title=Diller deal bails out Savoy stock|last=Peers|first=Martin}}</ref> The deal was finalized in 1997. Victor Kaufman was made vice chairman and sits on the board of directors of IAC. The SF stations were sold to Diller's [[Silver King Broadcasting]] in 1997.
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| align="right"| December 11, 1998 || ''[[A Simple Plan (film)|A Simple Plan]]'' || Last Savoy Film. International distribution; co-production with [[Mutual Film Company]], [[Paramount Pictures]], [[Tele München Gruppe|Tele-München]] and [[BBC]]
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|Unreleased
|''[[Mariette in Ecstasy]]''
|co-production with Price Entertainment and [[Ray Stark|Rastar]]
|}
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