Ted Field

Field was born on June 1, 1953, in Chicago, Illinois, the son of Marshall Field IV, who owned the Chicago Sun-Times from 1956 to 1965, and Katherine Woodruff Fanning, who was later an editor of several newspapers.[http://www.filmreference.com/film/43/Ted-Field.html Film Reference]

Field's parents divorced when he was young. Field's mother then married Larry Fanning, who became Field's stepfather. Field, his sisters, his mother and his stepfather moved to Anchorage, Alaska. Field's mother and Larry Fanning purchased the Anchorage Daily News from founder Norman C. Brown in 1967. Larry Fanning died in 1971: Kay Fanning continued to operate the paper until 1979 when she sold it to The McClatchy Company. She remained as publisher until 1983.

Field attended Pomona College in Claremont, California, graduating in 1979.{{citation needed|date=August 2020}}

Field's Interscope Racing started off entering Danny Ongais in Formula 5000 in 1975, graduating to USAC racing and the Indianapolis 500 in Parnelli chassis. Field also funded Ongais to make occasional Formula One outings in a Penske during the 1977 season.

Field also backed the construction in 1980 of an Interscope chassis designed by Roman Slobodynskyj for the Indianapolis 500. This was intended to take a turbocharged six-cylinder Porsche engine (similar to the one Ongais and Field were using in their Porsche 935) but a dispute with USAC over turbo boost meant the program was abandoned. The car was eventually fitted with a conventional Ford Cosworth DFX engine and entered in the 1981 500. Ongais led the race but crashed and was critically injured. In 1982 a recovered Ongais gave the car one last start at Indy but that too ended with an accident.

In 1982, Field founded Interscope Communications,{{Cite web| title = Polygram to Buy 51% Stake in Interscope's Film Division – New York Times|work = The New York Times| url = https://www.nytimes.com/1992/08/11/business/polygram-to-buy-51-stake-in-interscope-s-film-division.html|author = Geraldine Fabrikant|date = 11 August 1992|access-date = 31 January 2013}} which produced more than 50 major films. In 1984, Field was a leader of a group that bought movie camera manufacturer Panavision. In 1987, Panavision was sold to Lee International.

In 1992, PolyGram bought a controlling interest in the film label.{{Cite news |last=Fabrikant |first=Geraldine |date=1992-08-11 |title=Polygram to Buy 51% Stake in Interscope's Film Division |language=en-US |work=The New York Times |url=https://www.nytimes.com/1992/08/11/business/polygram-to-buy-51-stake-in-interscope-s-film-division.html |access-date=2023-10-09 |issn=0362-4331}} In December 1998, Seagram acquired PolyGram,{{Cite web |title=Seagrams completes PolyGram acquisition - Dec. 10, 1998 |url=https://money.cnn.com/1998/12/10/companies/seagram/ |access-date=2023-10-09 |website=money.cnn.com}} merging its film division with Universal Pictures.{{Cite web |title=Polygram Folded into Universal {{!}} The Irish Film & Television Network |url=http://www.iftn.ie/news/?act1=record&only=1&aid=73&rid=131&tpl=archnews&force=1 |access-date=2023-10-09 |website=www.iftn.ie}} As a result, Interscope Communications, October Films and Gramercy Pictures were sold off to Barry Diller, who owned HSN, which in turn, had a major stake in USA Networks. In 1999, the three labels were merged to become USA Films.{{Cite web |title=Barry Diller |url=https://www.forbes.com/profile/barry-diller/ |access-date=2023-10-09 |website=Forbes |language=en}} In 2001, Universal Pictures bought USA from Diller{{Cite web |author=Staff Reports |last2=Verrier |first2=Richard |last3=Hofmeister {{!}} |first3=Sallie |date=2001-12-17 |title=UNIVERSAL'S OWNER, USA NETWORKS OK DEAL |url=https://www.orlandosentinel.com/2001/12/17/universals-owner-usa-networks-ok-deal/ |access-date=2023-10-09 |website=Orlando Sentinel |language=en-US}} and in 2002, combined USA Films, Universal Focus and Good Machine Releasing to become Focus Features.{{Cite web |last=Nelson |first=Kevin |date=2022-03-14 |title=A Deeper Cinematic Focus: 20 Years of Focus Features |url=https://thescriptlab.com/weekly-feature/31429-a-deeper-cinematic-focus-20-years-of-focus-features/ |access-date=2023-10-09 |website=The Script Lab |language=en-US}}{{Cite web |date=2023-10-09 |title=Interscope Communications |url=https://www.avid.wiki/Interscope_Communications |access-date=2023-10-09 |website=Audiovisual Identity Database |language=en}}

In 1989, he and record executive Jimmy Iovine co-founded Interscope Records. The label sustained a distribution deal with Atlantic Records, but in 1995, became a free agent following controversy surrounding Interscope's signage of gangster rappers including Dr. Dre and Suge Knight's Death Row Records.{{Cite news |last=Landler |first=Mark |date=1995-09-28 |title=Time Warner to Sell Stake in Rap Label |language=en-US |work=The New York Times |url=https://www.nytimes.com/1995/09/28/business/time-warner-to-sell-stake-in-rap-label.html |access-date=2023-10-09 |issn=0362-4331}} The label was shortly bought by MCA Inc. for $200 million.{{Cite news |last=Fabrikant |first=Geraldine |date=1996-02-22 |title=THE MEDIA BUSINESS;MCA Agrees to Buy Stake In Interscope Record Label |language=en-US |work=The New York Times |url=https://www.nytimes.com/1996/02/22/business/the-media-business-mca-agrees-to-buy-stake-in-interscope-record-label.html |access-date=2023-10-09 |issn=0362-4331}} In 1996, following a sale to Seagram by Matsushita Electric (parent company of Panasonic), MCA was rebranded as Universal Pictures, and its MCA Music Entertainment faction was renamed Universal Music Group.{{Cite web |last=Busch |first=Anita M. |date=1996-12-10 |title=A whole new U for MCA |url=https://variety.com/1996/scene/vpage/a-whole-new-u-for-mca-1117466464/ |access-date=2023-10-09 |website=Variety |language=en-US}} Then, in December 1998, Seagram acquired PolyGram and merged its music division of labels with Universal Music Group,{{Cite web |last=Philips |first=Chuck |date=1998-12-10 |title=Merger Puts Seagram at Top of Music Charts |url=https://www.latimes.com/archives/la-xpm-1998-dec-10-fi-52395-story.html |access-date=2023-10-09 |website=Los Angeles Times |language=en-US}} resulting in Interscope, on January 1, 1999, being merged into Geffen Records and A&M Records to become Interscope Geffen A&M Records.{{Cite news |last=Strauss |first=Neil |date=1998-12-21 |title=A Major Merger Shakes Up the World of Rock |language=en-US |work=The New York Times |url=https://www.nytimes.com/1998/12/21/arts/a-major-merger-shakes-up-the-world-of-rock.html |access-date=2023-10-09 |issn=0362-4331}} He and Iovine were co-chairmen of IGA.

After leaving Interscope in February 2001,{{Cite web |last=Pollack |first=Marc |title=TED FIELD LEAVES INTERSCOPE |url=https://hitsdailydouble.com/news&id=274174&title=TED-FIELD-LEAVES-INTERSCOPE |access-date=2023-10-09 |website=HITS Daily Double |language=en}} he and Marc Geiger formed Artistdirect Records with the backing of BMG's RCA Records. The label folded in 2003.{{Cite web |last=Oppelaar |first=Justin |date=2003-05-08 |title=ArtistDirect delisted |url=https://variety.com/2003/music/news/artistdirect-delisted-1117885782/ |access-date=2023-10-09 |website=Variety |language=en-US}}

Since forming the company in late 2000, Field is currently chairman and CEO of Radar Pictures. The company initially used Interscope's library for the company's development slate.{{Cite web |last=Lyons |first=Dana Harris,Charles |date=2000-10-11 |title=Radar on screen with ’44’ |url=https://variety.com/2000/film/news/radar-on-screen-with-44-1117787583/ |access-date=2024-09-06 |website=Variety |language=en-US}}

Field and Radar Pictures have faced legal action in years between 2007 and 2019 over allegations of fraudulent misconduct.{{Cite news |url=https://www.hollywoodreporter.com/thr-esq/movie-mogul-ted-field-set-stand-trial-fraud-963457 |title=Movie Mogul Ted Field Set to Stand Trial for Fraud |last=Gardner |first=Eriq |date=January 11, 2017 |work=The Hollywood Reporter}}{{cite web|last1=Baccellieri|first1=Emma|title=The NHL's Weird Superhero Project Is Still Finding Ways To Fail|url=http://deadspin.com/the-nhls-weird-superhero-project-is-still-finding-ways-1793639502|website=Deadspin|date=March 25, 2017 |access-date=25 April 2017}}{{cite web|last1=Gardner|first1=Eric|title=Hollywood Docket: Prince's Tidal Deal; Bob Marley Film Lawsuit; CBS Radio Win|url=https://www.hollywoodreporter.com/thr-esq/hollywood-docket-princes-tidal-deal-bob-marley-film-lawsuit-cbs-radio-win-988945|work=The Hollywood Reporter|date=March 27, 2017 |access-date=25 April 2017|language=en}}{{cite web|last1=Maddaus|first1=Gene|title=Failed NHL Superhero Franchise Leads to $500,000 Judgment Against Producer|url=https://variety.com/2017/biz/news/guardian-project-nhl-superheros-filmula-aldo-lapietra-500000-producer-1202015941/|website=Variety|access-date=25 April 2017|date=24 March 2017}} In December 2016, Field and his company assigned profits from then-upcoming Jumanji: Welcome to the Jungle (2017), to Filmula Entertainment, to satisfy a breach-of-contract over the unsuccessful reboot of Trauma Records.{{Cite news |url=https://deadline.com/2017/01/jumanji-producer-pay-fees-to-creditors-ted-field-radar-pictures-1201880116/ |title='Jumanji' EP Ordered To Pay Fees From Film To Creditor To Settle $2M Debt |last=Patten |first=Dominic |date=January 6, 2017 |website=Deadline Hollywood}}{{cite web|last1=Gardner|first1=Eriq|title=How the New 'Jumanji' Saved a Broke "Billionaire"|url=https://www.hollywoodreporter.com/news/how-new-jumanji-saved-a-broke-billionaire-1075212|work=The Hollywood Reporter|date=January 18, 2018 |access-date=24 January 2018|language=en}}

From 1984 to 1998, he owned a mansion formerly owned by Howard B. Keck located at 1244 Moraga Drive in the gated community of Moraga Estates in Bel Air, California. From 1986 through 1993, Field owned the Harold Lloyd Estate (also known as Green Acres) in Beverly Hills, California.Ryon, Ruth (November 2, 1986) "Harold Lloyd Mansion for Sale Again?". Los Angeles Times.Los Angeles, August 1998, p. 38 [https://books.google.com/books?id=-F0EAAAAMBAJ&dq=%22moraga+estate%22&pg=PA38 Los Angeles (magazine)] Field is a tournament chess player who sponsored the 1990 World Chess Championship in NYC between Garry Kasparov and Anatoly Karpov. He is currently developing a movie about former world chess champion Magnus Carlsen{{citation needed|date=October 2022}}.

File:1978 Porsche 935 K3 (6192178178).jpg

He was a producer in all films unless otherwise noted.

;Thanks

;As an actor

• Madsen, Axel. The Marshall Fields: The Evolution of an American Business Dynasty. Wiley: 2002.

{{reflist}}

• {{IMDb name|0276059}}
• Filmbug: [http://www.filmbug.com/db/343877 Ted Field biography]

{{Field Communications}}

{{24 Hours of Daytona winners}}

{{Authority control}}

{{DEFAULTSORT:Field, Ted}}

Category:1953 births

Category:24 Hours of Daytona drivers

Category:24 Hours of Le Mans drivers

Category:Film producers from Illinois

Category:Living people

Category:Racing drivers from Chicago

Category:Marshall Field family

Category:Pomona College alumni

Category:Formula One team owners

Category:IndyCar Series team owners

Category:Sports car racing team owners

Category:American animated film producers