The Cannon Group was an American film production and distribution company founded in 1967 by Menahem Golan and Yoram Globus. It became known for producing low-budget action and genre films during the 1980s, often characterized by their campy style and cult appeal. The company gained popularity with titles like Missing in Action and Breakin'. In the late 1980s, the Cannon Group expanded its operations and acquired several other production companies. However, financial difficulties led to its decline, and it eventually filed for bankruptcy in 1994. Despite its challenges, the legacy of the Cannon Group continues to influence the film industry.