TriStar Pictures: Difference between revisions
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===Background=== | ===Background=== | ||
'''TriStar Pictures, Inc.''' (originally spelled '''Tri-Star''') was formed on March 2, 1982 as a joint venture between [[Columbia Pictures]] (then owned by [[The Coca-Cola Company]]), HBO and CBS, hence the name of the studio. It was originally known as '''Nova Pictures''' until May 16, 1983, when its name was changed in order to avoid confusion with the [[ | '''TriStar Pictures, Inc.''' (originally spelled '''Tri-Star''') was formed on March 2, 1982 as a joint venture between [[Columbia Pictures]] (then owned by [[The Coca-Cola Company]]), HBO and CBS, hence the name of the studio. It was originally known as '''Nova Pictures''' until May 16, 1983, when its name was changed in order to avoid confusion with the [[PBS]] series ''Nova''. CBS was the first joint-owner who dropped out of the venture on November 15, 1985, and sold its interest to Columbia for $48 million. In 1986, HBO sold its shares in Tri-Star to Columbia as well, and formed [[HBO Films|HBO Pictures]]. | ||
On December 21, 1987, Tri-Star Pictures, Inc. was renamed Columbia Pictures Entertainment, Inc. The Coca-Cola Company merged Tri-Star and Columbia to become "Columbia/Tri-Star", of which it owned 80% of its stock. In late 1987, most of Tri-Star's releases were copyrighted under the "Columbia Pictures Entertainment, Inc." name until April 13, 1988, when it was reverted back to Tri-Star Pictures, Inc. In January 1988, CPE's stocks somewhat fell, and Coca-Cola decreased its shares in CPE to 49%. On November 8, 1989, [[Sony]] of Japan acquired Columbia Pictures Entertainment for $3.4 billion. On August 7, 1991, under [[Sony Pictures Entertainment]], the hyphen was officially removed from the name of TriStar Pictures. | On December 21, 1987, Tri-Star Pictures, Inc. was renamed Columbia Pictures Entertainment, Inc. The Coca-Cola Company merged Tri-Star and Columbia to become "Columbia/Tri-Star", of which it owned 80% of its stock. In late 1987, most of Tri-Star's releases were copyrighted under the "Columbia Pictures Entertainment, Inc." name until April 13, 1988, when it was reverted back to Tri-Star Pictures, Inc. In January 1988, CPE's stocks somewhat fell, and Coca-Cola decreased its shares in CPE to 49%. On November 8, 1989, [[Sony]] of Japan acquired Columbia Pictures Entertainment for $3.4 billion. On August 7, 1991, under [[Sony Pictures Entertainment]], the hyphen was officially removed from the name of TriStar Pictures. | ||