Andrew Vajna began his entertainment career in film exhibition by purchasing theaters in the Far East. He later moved into acquisition and distribution, mainly through his Panasia Films Limited, which he founded in Hong Kong. While in business there, he met Mario Kassar, with whom Vajna would make the move to the big time in Hollywood. In 1976, Vajna sold Panasia to Raymond Chow's Golden Harvest Company, and he and Kassar founded Carolco Pictures.At first, Carolco specialized in the financing, distribution and sales of films, doing especially well in foreign markets. Vajna and Kassar also
Founded Panasia Film, Ltd., distribution, acquisition and film representation company, in Hong Kong (sold to Raymond Chow's Golden Harvest Company, 1976)
1976
Founded Carolco, financing and distribution company with Mario Kassar (later moved into production)
1978
First feature as producer, "The Silent Partner" (also first Carolco production)
1982
Founder and first president of American Film Marketing Association
