Ted Field

Frederick Woodruff "Ted" Field (born June 1, 1953[1]) is an American media mogul, entrepreneur and film producer.

He is an heir to the Field family fortune. At $1.2 billion, Field is No. 236 on the Forbes list of the 400 richest people.[2]

Early life
Field was born on June 1, 1953 in Chicago, Cook County, 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.[3]

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.

Career
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 Penskeduring the 1978 season.

Field also backed the construction in 1980 of an Interscope chassis designed by Roman Slobodinskij 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 Ongias gave the car one last start at Indy but that too ended with an accident.

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 cameramanufacturer Panavision. In 1987, Panavision was sold to Lee International. In 1990, he co-founded Interscope Records. After abruptly leaving Interscope in January 2001, he formed ARTISTdirect Records with the backing of BMG. Ted Field is currently chairman and CEO of Radar Pictures.

Field and Radar Pictures have faced legal action in recent years over allegations of fraudulent misconduct.[4][5][6][7] In December 2016, Field and his company were ordered by a federal judge to assign profits from 11 films, including Sony's then-upcoming Jumanji: Welcome to the Jungle (2017), to producer Johnny Lin’s Filmula Entertainment, to satisfy a breach-of-contract judgment over the failed reboot of Trauma Records.[8][9]

Personal life
From 1984 to 1998, he owned a mansion formerly owned by Howard B. Kecklocated at 1244 Moraga Drive in the gated community of Moraga Estates in Bel Air, California.[10] He currently resides in Beverly Hills, California.

In 2018, he is number four on California Franchise Tax Board's Top 500 Delinquent Taxpayers list, personally owing the state more than $20,607,010.86 in personal income tax.[11]

Filmography (producer)

 * Revenge of the Nerds (1984) (producer)
 * Turk 182! (1985) (producer)
 * Critical Condition (1987) (producer)
 * Outrageous Fortune (1987) (producer)
 * Revenge of the Nerds II: Nerds in Paradise (1987) (producer)
 * Three Men and a Baby (1987) (producer)
 * The Seventh Sign (1988) (producer)
 * Cocktail (1988) (producer)
 * Bill & Ted's Excellent Adventure (1989) (executive producer)
 * Renegades (1989) (executive producer)
 * An Innocent Man (1989) (producer)
 * Collision Course (1989) (producer)
 * Three Men and a Little Lady (1990) (producer)
 * Arachnophobia (1990) (co-executive producer)
 * The First Power (1990) (executive producer)
 * Bird on a Wire (1990) (executive producer)
 * Paradise (1991) (executive producer)
 * Bill & Ted's Bogus Journey (1991) (executive producer)
 * Class Action (1991) (producer)
 * Out on a Limb (1992) (executive producer)
 * The Gun in Betty Lou's Handbag (1992) (executive producer)
 * Jersey Girl (1992) (executive producer)
 * FernGully: The Last Rainforest (1992) (executive producer)
 * The Cutting Edge (1992) (producer)
 * The Hand That Rocks the Cradle (1992) (executive producer)
 * Imaginary Crimes (1994) (executive producer)
 * Terminal Velocity (1994) (executive producer)
 * Jumanji (1995) (executive producer)
 * Two Much (1995) (executive producer)
 * Separate Lives (1995) (executive producer)
 * The Tie That Binds (1995) (executive producer)
 * Operation Dumbo Drop (1995) (executive producer)
 * Roommates (1995) (producer)
 * Mr. Holland's Opus (1995) (producer)
 * The Associate (1996) (executive producer)
 * Kazaam (1996) (executive producer)
 * The Arrival (1996) (executive producer)
 * Boys (1996) (executive producer)
 * Snow White: A Tale of Terror (1997) (executive producer)
 * Gridlock'd (1997) (executive producer)
 * What Dreams May Come (1998) (executive producer)
 * Very Bad Things (1998) (executive producer)
 * The Proposition (1998) (producer)
 * Runaway Bride (1999) (producer)
 * Teaching Mrs. Tingle (1999) (executive producer)
 * Pitch Black (2000) (executive producer)
 * They (2002) (executive producer)
 * The Last Samurai (2003) (executive producer)
 * The Texas Chainsaw Massacre (2003) (executive producer)
 * Le Divorce (2003) (executive producer)
 * How to Deal (2003) (executive producer)
 * The Chronicles of Riddick (2004) (executive producer)
 * The Amityville Horror (2005) (executive producer)
 * Zathura: A Space Adventure (2005) (executive producer)
 * Waist Deep (2006) (executive producer)
 * The Heartbreak Kid (2007) (producer)
 * Swing Vote (2008) (executive producer)
 * All About Steve (2009) (executive producer)
 * Horseman (2009) (executive producer)
 * Everybody's Fine (2009) (producer)
 * The Box (2009) (executive producer)
 * The Invention of Lying (2009) (executive producer)
 * Twelve (2010) (producer)
 * Bad Teacher (2011) (executive producer)
 * Spring Breakers (2012) (executive producer)
 * Riddick (2013) (producer)
 * Kickboxer: Vengeance (2016) (producer)
 * Jumanji: Welcome to the Jungle (2017) (executive producer)
 * Beirut (2018) (producer)