Cinergi Pictures Entertainment Inc. was an independent production company that was founded by Andrew G. Vajna, after he had sold his interest in his first production company, Carolco International Pictures, in 1989. The company had a number of major hit films, most notably Tombstone, Die Hard with a Vengeance and Evita. However, the majority of their films lost money. A string of box office bombs – including Renaissance Man, Color of Night, Judge Dredd, The Scarlet Letter, Nixon, Shadow Conspiracy, Deep Rising and An Alan Smithee Film: Burn Hollywood Burn – ultimately undid the company, and it was dissolved in 1998. Cinergi Pictures' library is now owned by Disney.