Andrew Vajna - Variety500 - Top 500 Entertainment Business Leaders | Variety.com Andrew Vajna - Entertainment Executive | Variety.com
Andrew Vajna

Andrew
Vajna

Born in Budapest, Vajna immigrated to the U.S. in 1956. In 1976 he and partner Mario Kassar formed Carolco Pictures, which went on to produce a series of box office blockbusters throughout the 1980s and 90s, including the first three “Rambo” films, “Terminator 2: Judgment Day,” “Total Recall” and “Basic Instinct.”

He founded InterCom in Budapest in 1989. InterCom is the exclusive Hungarian distributor of theatrical releases from Twentieth Century Fox, Warner Bros. and Sony Pictures as well as DVD titles from Twentieth Century Fox Home Entertainment, Sony Pictures and Buena Vista Home Entertainment. 

As film commissioner, Vajna introduced the Hungarian National Film Fund as part of a government restructuring of the country’s film funding system. Since its establishment, the fund, which has a current budget of $17.1 million a year, has granted production funding to more than 70 projects, including 20 international co-productions. Hungary is the second-biggest production hub in Europe after the U.K., with international producers attracted by the 25% tax rebate, the skilled crews and the modern production facilities. 

Vajna, who enjoys a close relationship to Hungarian President Viktor Orban, has also expanded his own business holdings in Hungary in recent years. He not only managed to secure lucrative casino concessions in the country, but also purchased TV2, Hungary’s second-biggest commercial channel, last year thanks to a controversial $22 million loan from Eximbank, a state-owned import-export bank.

Variety Honors

  • 2017 Variety500 Honoree
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News from Variety

Hungary Sends ‘Notebook’ to Oscars

Hungary Sends ‘Notebook’ to Oscars

LONDON -- "Le Grand Cahier" (The Notebook) has been selected as the official Hungarian entry for the Academy Awards' foreign-language film category. Janos Szasz's pic, which won the Karlovy Vary Intl. Film Festival's Crystal Globe, is an adaption of Agota Kristof's best-selling novel. Although superficially a coming-of-age tale set in World War II Hungary, it is also a dark fairytale, the Brothers Grimm’s “Hansel and Gretel” brought into the modern era, in which innocent twins must learn to survive unceasing cruelty...

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Q&A

What’s the best piece of advice you’ve been given in your career?

“Work hard and don't give up!”

What or who inspires you?

“It is import to leave a footprint, a moment to remember and to create movies which generate interest and respect – this is what inspires me in life.”

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