A Celebrated Career in Hollywood

Frank Price, a formidable figure in the entertainment industry, has passed away at the age of 95. Serving as chairman and CEO of Columbia Pictures and later heading Universal Television, Price's legacy as a writer and Emmy-nominated producer is undeniable. His son, Roy Price, the former president of Amazon Studios, shared that his father died peacefully in his sleep.

From Westerns to Blockbusters

Born on May 17, 1930, in Decatur, Illinois, Price became a prominent TV writer-producer during the golden age of Westerns, playing pivotal roles in over 100 episodes of "The Virginians" and 75 episodes of "The Tall Man." He later took on executive producer roles for iconic drama series such as "Ironside" and "It Takes a Thief." Price’s foresight in recognizing talent was clear when he brought in a young Steven Bochco to help shape the show before it premiered on NBC. Bochco humorously recalled a moment they had, showcasing Price's determination and vision early in their partnership.

Trailblazing in Film

In the late 1970s, Price shifted his focus to feature films, becoming president and then chairman and CEO of Columbia Pictures. He was instrumental in the success of blockbuster hits like "Tootsie," "Ghostbusters," and "The Karate Kid," while also backing Best Picture Oscar winners such as "Gandhi," "Out of Africa," and "Kramer vs. Kramer." He notably greenlit "Boyz n the Hood," a groundbreaking film that launched the careers of many, including Ice Cube and Cuba Gooding Jr.

Impact at Universal Pictures

After his time at Columbia, Price took the reins at Universal Pictures, where he was behind the highly successful "Back to the Future" franchise, solidifying his status as a cinematic pioneer. Under his leadership, Universal TV garnered an Emmy nomination for the acclaimed HBO movie "The Tuskegee Airmen." Price also founded Price Entertainment, producing cherished films like "Shadowlands" and "A Bronx Tale," further showcasing his diverse talent in the industry.

A Legacy of Love and Inspiration

Price’s life was characterized by his deep passion for storytelling and an unwavering commitment to his family. His son reflected on his father’s legacy as one of vision, heart, and connection, stating that Price would continue to inspire future generations. A proud supporter of the University of Southern California, Price served as a trustee and chaired the School of Cinematic Arts Board of Councilors from 1992 to 2021.

Frank Price is survived by his beloved wife, Katherine, his sons Ray, David, and William, and 14 grandchildren. His passing marks the end of an era in Hollywood, but his influence will echo for years to come.