Forgotten: Carolco — Mistakes Were Made

Carolco Pictures was an independent motion picture production company. Mario Kassar and Andrew Vajna found it in 1976. They purchased the name Carolco from a defunct company in Panama; the name had no meaning.

Carolco came to prominence in Hollywood with the release of its movie First Blood, starring Sylvester Stallone in 1982. Kassar and Vajna bought the film rights to the First Blood book for…