New World Pictures was an American film production and distribution company founded in 1970 by Roger Corman. It became known for producing low-budget films, often in the horror, action, and exploitation genres. The company gained a reputation for its innovative marketing strategies and for launching the careers of many filmmakers and actors. In the 1980s, New World Pictures expanded its operations and began distributing films from other producers. The company was involved in several successful projects, including adaptations of popular novels and cult classics. However, it faced financial difficulties and was eventually sold in 1993, marking the end of its original era.