'Hammer Film Productions' is a film production company based in the UK which was founded in 1934. The films created by Hammer Films were cheap to create as a result of using cleverly designed, often second-hand sets and using British actors for lots of the roles. Hammer Films enjoyed great success, mainly due to a variety of distribution partnerships made with major American studios such as Warner Bros. The company stopped making films around the mid 1980…
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…already created a number of popular Dracula productions. Universal was not interesting in funding the project, but finally agreed to let them have the rights in return for worldwide distribution rights. The success of Dracula caused Universal to issue the following statement: "Because of the fantastic business done world-wide by Hammer's Technicolor version of Dracula, Universal-International, its distributors, have made over to Jimmy Carreras' organisation, the remake rights to their entire library of classic films"