Orion Pictures

[Big Magilla]

Pretty much as Jacob says. They overextended themselves producing films that lost money. Caught up in their bankruptcy filing were several films that sat on the shelf so long it looked like they might never get released including Love Field (an Oscar nominee for Michelle Pheiffer a year after it was made) and Blue Sky (an Oscar winner for Jessica Lange three years after it was made).

If you look them up on imdb they were distributing films as late as 2002 with Ulee's Gold (1997) their last high profile film.

[Jacob]

I know they went bankrupt just after Silence of the Lambs, even before it won its Oscars I think.
According to Wikipedia, it's been sold to MGM and is now part of UA (so I guess it's owned by Sony now?).
They did handle some big releases. I always like seeing that logo on old VHS's.

[OscarGuy]

The Miramax of its day, perhaps even more successful, has gone away. I was always curious what happened to them.

The following Orion films won Best Picture...an impressive list:

Amadeus (1984)
Platoon (1986)
Dances With Wolves (1990)
The Silence of the Lambs (1991)

Then they suddenly dropped off the face of the earth...

Anyone know what transpired? Were they gobbled up? Did they fade like Miramax?