Cinergi Pictures Entertainment Inc. was a small independent production company that was founded by Andrew G. Vajna, after he had sold his interest in his first production company, Carolco International Pictures, in 1989. The company had a number of major hit films, most notably Die Hard with a Vengeance in 1995. However, the majority of their films lost money. A string of box office bombs - including Color of Night, Judge Dredd, The Scarlet Letter, Nixon, Shadow Conspiracy, Deep Rising and An Alan Smithee Film: Burn Hollywood Burn - ultimately undid the company, and it closed in 1998.