Frederick Woodruff "Ted" Field (born June 1, 1953) is an American media mogul, record executive, entrepreneur and film producer.
He founded Interscope Communications to develop and produce films in 1982, and produced his first hit, Revenge of the Nerds, the same year. Seven years later, he co-founded Interscope Records with Jimmy Iovine in 1989.
He is an heir of the Marshall Field family.
Early life 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.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.
Career
Interscope Racing 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.
Interscope Communications In 1982, Field founded Interscope Communications, 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. In December 1998, Seagram acquired PolyGram, merging its film division with Universal Pictures. 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. In 2001, Universal Pictures bought USA from Diller and in 2002, combined USA Films, Universal Focus and Good Machine Releasing to become Focus Features.
Interscope Records 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. The label was shortly bought by MCA Inc. for $200 million. 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. Then, in December 1998, Seagram acquired PolyGram and merged its music division of labels with Universal Music Group, resulting in Interscope, on January 1, 1999, being merged into Geffen Records and A&M Records to become Interscope Geffen A&M Records. He and Iovine were co-chairmen of IGA.
After leaving Interscope in February 2001, he and Marc Geiger formed Artistdirect Records with the backing of BMG's RCA Records. The label folded in 2003.
Radar Pictures 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.
Field and Radar Pictures have faced legal action in years between 2007 and 2019 over allegations of fraudulent misconduct. 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.
Personal life 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 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.
Racing record 24 Hours of Le Mans results
Year Team Co-Drivers Car Class Laps Interscope Racing Milt Minter John Morton Porsche 935/79 IMSAGTX 154 DNF DNF Kremer Racing Team Malardeau Jean-Louis Lafosse Danny Ongais Porsche 935-K3/80 Gr.5SP 2.0+ 89 DNF DNF Porsche Kremer Racing Interscope Racing Bill Whittington Don Whittington Porsche 935-K3/81 Gr.5SP 2.0+ 57 DNF DNF Kremer Racing Interscope Racing Danny Ongais Bill Whittington Porsche Kremer C-K5 Gr.C 25 DNF DNF
Filmography (producer) He was a producer in all films unless otherwise noted.
Film Year Film Credit 1984 Revenge of the Nerds 1985 Turk 182 1987 Critical Condition Outrageous Fortune Revenge of the Nerds II: Nerds in Paradise Three Men and a Baby 1988 The Seventh Sign Cocktail 1989 Bill & Ted's Excellent Adventure Executive producer Collision Course Renegades Executive producer An Innocent Man 1990 The First Power Executive producer Bird on a Wire Executive producer Arachnophobia Co-executive producer Three Men and a Little Lady 1991 Class Action Bill & Ted's Bogus Journey Executive producer Paradise Executive producer 1992 The Hand That Rocks the Cradle Executive producer The Cutting Edge FernGully: The Last Rainforest Executive producer Jersey Girl Executive producer The Gun in Betty Lou's Handbag Executive producer Out on a Limb Executive producer 1994 The Air Up There Terminal Velocity Executive producer Imaginary Crimes Executive producer 1995 Roommates Separate Lives Executive producer Operation Dumbo Drop Executive producer The Tie That Binds Executive producer Two Much Executive producer Jumanji Executive producer Mr. Holland's Opus 1996 The Arrival Executive producer Boys Executive producer Kazaam Executive producer The Associate Executive producer 1997 Gridlock'd Executive producer Snow White: A Tale of Terror Executive producer 1998 The Proposition Very Bad Things Executive producer What Dreams May Come Executive producer 1999 Runaway Bride Teaching Mrs. Tingle Executive producer 2000 Pitch Black Executive producer 2002 They Executive producer 2003 How to Deal Executive producer Le Divorce Executive producer The Texas Chainsaw Massacre Executive producer The Last Samurai Executive producer 2004 The Chronicles of Riddick Executive producer 2005 The Amityville Horror Executive producer Zathura: A Space Adventure Executive producer 2006 Waist Deep Executive producer 2007 The Heartbreak Kid 2008 Swing Vote Executive producer 2009 Horsemen Executive producer All About Steve Executive producer The Invention of Lying Executive producer The Box Executive producer Everybody's Fine 2010 Twelve 2012 Spring Breakers Executive producer 2013 Riddick 2014 Acid Girls Executive producer 2016 Kickboxer: Vengeance 2017 Jumanji: Welcome to the Jungle Executive producer 2018 Beirut 2019 Jumanji: The Next Level Executive producer
Thanks
Year Film Role 1990 The Man Inside Special thanks 2001 Kissing Jessica Stein 2009 Veronika Decides to Die The production would like to thank
Television Year Title Credit Notes 1986 American Geisha Executive producer Television film 1987 The Real Adventures of Sherlock Jones and Proctor Watson Murder Ordained Executive producer Television film The Father Clements Story Executive producer Television film 1988 Crossing the Mob Executive producer Television film 1989 My Boyfriend's Back Executive producer Television film A Mother's Courage: The Mary Thomas Story Executive producer Television film 1990 The Secret Life of Archie's Wife Executive producer Television film 1993 Foreign Affairs Executive producer Television film 1995 Body Language Executive producer Television film 1997 Snow White: A Tale of Terror Executive producer Television film 2000 Into Pitch Black Co-executive producer Television special 2015 Winter Dragon Executive producer Television pilot 2017 Under the Bed Television film 2018 Lead 2021 The Wheel of Time Co-executive producerExecutive producer TBD The Last Herald-Mage Executive producer
As an actor
Year Title Role 1983 Saturday Supercade Tex Toadwalker
See also Madsen, Axel. The Marshall Fields: The Evolution of an American Business Dynasty. Wiley: 2002.
References
External links
Filmbug: Ted Field biography