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Although certain film studios have made many terrific films after another, sometimes film studios go out of business due to having a reputation for making films that received poor reception from critics and audiences or didn't make enough money despite general success of previous films from past years. A perfect example of a studio that had a reputation for making TONS of awful films and went out of business is Franchise Pictures which made films like Battlefield Earth, 3000 Miles to Graceland and Ballistic: Ecks vs. Sever.