RKO Pictures: Difference between revisions

In 1981, [[RKO General Productions|RKO General]], corporate heir to [[RKO Radio Pictures]] under the General Tire and Rubber Company, began to reenter film production by co-producing several films with various studios (such as [[Embassy_Films_Associates#Avco_Embassy_Pictures|Avco Embassy Pictures Corporation]], [[Universal Pictures|Universal Studios]], [[20th Century Studios|Twentieth Century Fox Film Corporation]] and [[Paramount Pictures]]). Around 1985, General Tire's media holdings were reorganized to form GenCorp, with RKO General remaining as a subsidiary. A hostile takeover was attempted in 1987 on GenCorp and '''RKO Pictures''' was spun off and sold to Wesray Capital Corporation, who then spun off RKO Pictures in 1989. The studio was then purchased by actress Dina Merrill and her husband and film producer Ted Hartley to form RKO Pictures, LLC; Hartley remains as the current owner of the studio.