![]() Sony's TriStar Pictures unit will be retained for "other product, including titles from Sony Pictures Worldwide Acquisitions", and will distribute product from the new TriStar. The new TriStar will develop, finance and produce up to four films per year, as well as television programming and acquisitions, starting on September 1. The same year, former 20th Century Fox co-chairman Tom Rothman joined Sony Pictures and created TriStar Productions as a joint venture with existing Sony Pictures executives. However, the release of its 2013 film Elysium represents the label's first big-budget release since The Mask of Zorroin 1998. TriStar was relaunched in 2004 as a marketing and acquisitions unit that will have a "particular emphasis on genre films". TriStar also theatrically distributed some FilmDistrict titles in the U.S.Īround summer 1998, Sony Pictures Entertainment merged Columbia and TriStar to form the Columbia TriStar Motion Picture Group, but just like Columbia Pictures Entertainment, both divisions continued producing and distributing films under their own names. In addition to its own slate, TriStar was the theatrical distributor for many films produced by Carolco Pictures (the rights to only one of their films, Cliffhanger, has been retained by TriStar). Both studios continued to operate separately until TriStar folded in 1999 and CPT in 2001. Sony Pictures Entertainment later revived TriStar Television as a television production banner in 1991 and merged with its sister television studio Columbia Pictures Television to form Columbia TriStar Television on February 21, 1994. Taffner Syndication Sales were transferred to Columbia Pictures Television Distribution. Most of the series and the Tri-Star film packages that were also distributed by D.L. Most of the series and the Tri-Star film packages that were distributed by TeleVentures were transferred to Columbia Pictures Television Distribution. Cannell Productions and TeleVentures became Cannell Distribution Co. On July 11, 1990, Tri-Star Pictures dissolved and sold its venture in TeleVentures to Stephen J. ![]() In 1989, all of Coke's entertainment holdings were acquired by Sony Corporation of Japan, who merged Columbia and Tri-Star, but continued to use the separate labels. as a reformed company of the Tri-Star studio. On April 13, 1988, CPE spun off Tri-Star Pictures, Inc. Both studios continued to produce and distribute films under their separate names. when Coke sold its entertainment business to Tri-Star for $3.1 billion, also creating Columbia/Tri-Star by merging Columbia and Tri-Star. was renamed to Columbia Pictures Entertainment, Inc. On December 21, 1987, Tri-Star Pictures, Inc. Cannell Productions and Witt/ Thomas/ Harris Productions and created a television distribution company called TeleVentures. It was formed when the studio joined forces with Stephen J. The same year, Tri-Star entered into the television business as Tri-Star Television. In 1986, HBO dropped out of the Tri-Star venture as well and sold half of its shares to Columbia Pictures. In addition, HBO would gain exclusive cable distribution rights to these films, and broadcast television licenses would go to CBS.ĬBS dropped out of the venture in 1985, though they still distributed some of TriStar's films on home video until at least 1992. During this venture, many of Tri-Star's releases were released on VHS by either RCA-Columbia Pictures Home Video (now Sony Pictures Home Entertainment), CBS/Fox Video (now CBS Home Entertainment and 20th Century Fox Home Entertainment), or HBO Video. Their first produced film in 1984 was intended to be The Natural starring Robert Redford, but their first released film, Where the Boys Are '84, the 1984 remake of the 1960 Metro-Goldwyn-Mayer picture, Where the Boys Are, co-distributed on behalf of ITC Entertainment after Universal rejected it, was a commercial flop. It was the first new major Hollywood studio to be established since RKO Pictures was founded over 50 years earlier. On May 16, 1983, it was given the name Tri-Star Pictures (when the new company was formed and did not have an official name, the press used the code-name "Nova", but the name could not be obtained as it was being used as the title for the PBS science series). The concept for TriStar Pictures was the brainchild of Victor Kaufman, a senior executive of Columbia Pictures (then a subsidiary of Coca-Cola), who convinced the studio, HBO, and CBS, to pool resources to split the ever-growing costs of making movies, creating a new joint venture in 1982. 1.1 Columbia Pictures Entertainment era.
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