American International Pictures (AIP) was a film production company formed in April 2, 1954 from American Releasing Corporation (ARC) by James H. Nicholson, former Sales Manager of Realart Pictures, and Samuel Z. Arkoff, an entertainment lawyer. It was dedicated to releasing independently produced, low-budget films packaged as double features, primarily of interest to the teenagers of the 1950s, 1960s, and 1970s. Nicholson and Arkoff formed ARC in 1954, and their first release was The Fast and the Furious.