Producer Bernd Eichinger had purchased the film rights to Marvel first family for a reported $250,000 in 1986, but could not convince any of the major studios to back his vision. Those rights would expire if he did not start production by the end of 1992, and the Marvel/Lightstorm announcement only served to light a fire under his feet. Fearing that he would lose the rights to James Cameron, he set out on producing a
Fantastic Four film on a budget of one million dollars with B-movie maestro, Roger Corman.
Stan Lee would later call the production a sham that was not meant to be seen by any living human beings. Marvel President, Jim Shooter would likewise call it “terrible,” but that did not deter Roger Corman from campaigning to release the movie as there was no clause in the contract that stated that he could not. He prepared a trailer, TV spots, and even a premiere at the Mall of America, but ultimately did not see wide release outside New York City, Los Angeles, and a few select markets.
What it did give Eichinger, however, was leverage. With hype building for James Cameron’s
Spider-Man throughout the early half of 1994, Marvel and many of the major studios (notably Columbia/TriStar, 20th Century Fox, and Paramount) were very interested in a big budget Fantastic Four film with a tentative 1997 release. Cameron himself was quite interested in bringing the Fantastic Four to the silver screen--even going as far as to include them in the early drafts of his “Universal Bible” without even holding the rights.
1994 would be a year of tough negotiations, but Constantin Film would agree to co-produce with Lightstorm Entertainment while Paramount, whose television network aired the animated series, would fund and distribute the film. While Cameron would executive produce the film, he would not direct and the studio instead signed on Ridley Scott after some gentle prodding from Cameron and even other luminaries like
Superman’s Stephen Spielberg and George Lucas [1].
As for Corman’s film, it would receive a quiet VHS release where it would join 1989’s
Punisher and 1990’s
Captain America on video rental retailers’ shelves. Fans would view it as something of an oddity and a cult classic/guilty pleasure that would become a comic book version of the
Rocky Picture Horror Show.
[1] Lucas himself would later admit that he was tempted to take the job himself, but was more interested in returning to a certain galaxy far, far away.