The original World Film Company was an import company for foreign films. In 1914, several investors united and purchased the company to distribute their films. Among these investors were Lewis Selznick, William A. Brady, and Jules Brulatour.

Lewis Selznick started the Equitable Pictures company and hired Clara Kimball Young away from Vitagraph. William A. Brady managed a production company owned by the Shubert Theatrical Company, while Jules Brulatour was the owner of Peerless Pictures. These three production companies used the World Film banner as their distributor.

The first two years, 1914 and 1915, the company distributed the three companies product along with the films of the California Motion Picture Corporation, but gradually the World Film Corporation began to dominate the productions.

The production facilities were in Fort Lee, New Jersey, at the former Peerless and Paragon studios.

In 1916, Selznick was forced to resign from the company. Ricord Gradwell became the business manager while Brady handled the artistic side until he resigned in 1918.

In 1919, Selznick formed his own production company and in 1920 he purchased the World Film Corporation and absorbed it into his own.

A sampling of the films of the company include "Alias Jimmy Valentine", "The Beautiful Mrs. Reynolds", "Cabaret", "Human Driftwood", "Rasputin, The Black Monk", "Uncle Tom's Cabin", and "The Oakdale Affair".