Sony Movie Studio Software

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TheSony Pictures Studios is an American television and film studio complex located in Culver City, California at 10202 West Washington Boulevard and bounded by Culver Boulevard (south), Washington Boulevard (north), Overland Avenue (west) and Madison Avenue (east). Founded in 1912, the facility is currently owned by Sony Pictures and houses the division's film studios, such as Columbia Pictures, TriStar Pictures, and Screen Gems. The complex was the original studios of Metro-Goldwyn-Mayer from 1924 to 1986 and Lorimar-Telepictures from 1986 to 1988.

In addition to films shot at the facility, several television shows have been broadcast live or taped there. The lot, which is open to the public for daily studio tours, currently houses a total of sixteen separate sound stages.

Ince added a few stages and an Administration Building before selling out to his partners D. W. Griffith and Mack Sennett. Ince relocated down the street and built the Culver Studios at that location. In 1918, Triangle Studios was sold to film producer Samuel Goldwyn. Goldwyn also added a few sound stages before selling his shares in Goldwyn Studios.

On August 10, 1965, a massive fire destroyed Vault #7 in Lot 3, resulting in the loss of hundreds of silent-era films, among them Lon Chaney's 1927 film London After Midnight, though the majority of MGM's silent film stock survived the fire. In 1969, millionaire Kirk Kerkorian bought MGM and proceeded to dismantle the studio. MGM's film memorabilia was sold through an 18-day auction, and 38 acres (150,000 m2) of the studio's backlots were sold. Lot 3 was razed while Lot 2 was sold to housing developments. Kerkorian used the money to construct his MGM Resorts hotel chain.[citation needed]

In 1981, Kerkorian's Tracinda acquired United Artists and merged it with Metro-Goldwyn-Mayer to become MGM/UA Entertainment Co. He then sold MUEC to Ted Turner in 1986, who after 74 days, sold MGM/UA back to Kerkorian while retaining the pre-1986 MGM film library. In 1986, the studio lot was sold to Lorimar-Telepictures. During that time, the MGM logo was removed from the studios and moved across the street to the Filmland Building (now known as Sony Pictures Plaza) before their 1992 and 2003 moves to Santa Monica and Century City and finally settling in Beverly Hills from 2011 onwards.[1]

In 1988, Warner Communications acquired Lorimar-Telepictures two years before merging with Time Inc. to become Time Warner (now Warner Bros. Discovery). The following year, Sony hired producers Jon Peters and Peter Guber to run the company's newly acquired Columbia Pictures Entertainment unit, even though they had a contract with Warner Bros. To resolve this issue, Warner sold their Lorimar lot to Columbia, among other deals. Columbia Pictures had been sharing with Warner Bros. their studio lot in Burbank, California in a partnership called The Burbank Studios starting in 1972. Sony sold its interest in The Burbank Studios as a result of the Guber-Peters issue.[2]

Sony acquired the property, first renamed Columbia Studios, in poor condition and thereafter invested $100 million to renovate the studio complex. The property underwent a three-year comprehensive plan as it transitioned to the 45 acres (0.18 km2) Sony Pictures Studios complex. The buildings, many of which still bore the names of MGM film actors such as Clark Gable, Judy Garland, Rita Hayworth and Burt Lancaster, were painted and upgraded. New walls were erected around the lot and the ironwork gates were restored. Nostalgic art deco and false fronts on Main Street were added, as well as hand-painted murals of Columbia film posters. The MGM logo was removed from the Filmland Building in late 1992.[1]

Sony Pictures Entertainment Inc. (commonly known as Sony Pictures or SPE, and formerly known as Columbia Pictures Entertainment, Inc.) is an American diversified multinational mass media and entertainment studio conglomerate that produces, acquires, and distributes filmed entertainment (theatrical motion pictures, television programs, and recorded videos) through multiple platforms. Through an intermediate holding company called Sony Film Holding Inc., it is operated as a subsidiary of Sony Entertainment Inc., which is itself a subsidiary of the multinational technology and media conglomerate Sony Group Corporation.[5][6]

On September 1, 1987, The Coca-Cola Company announced plans to spin off Columbia Pictures, which it had owned since 1982. Under this arrangement, Coca-Cola would sell its entertainment assets (Coca-Cola's Entertainment Business Sector) to TriStar Pictures, of which it owned 39.6%. Tri-Star would be renamed Columbia Pictures Entertainment, Inc. (CPE), with Coca-Cola owning 49%, its shareholders owning 31%, and Tri-Star's shareholders owning 20%.[8][9] As part of a merger plan, the two television businesses, comprising Columbia/Embassy Television and Tri-Star Television, merged altogether to form a new incarnation of the original Columbia Pictures Television.[10]

The merger enabled three top Tri-Star executives, namely Arnold Messner, who ran Tri-Star Telecommunications, Victor A. Kaufman, who ran the main Tri-Star Pictures studio, and Scott Siegler, who ran Tri-Star Television to stay on, while four of the Coca-Cola Entertainment Business Sector departed, namely Barbara Corday, who ran Columbia/Embassy Television as president, Herman Rush and Peter Seale, who ran Coca-Cola Telecommunications, and Brian McGrath, who was the president of the Coca-Cola Entertainment Business Sector.[11] In early December 1987, former Coke EBS vice president Kenneth Lemberger exited the post to join Tri-Star Pictures, displacing Roger Faxon, who had joined Columbia Pictures as senior vice president of the studio.[12]

The merger was approved by shareholders on December 15, 1987, and it was completed two days later. Columbia and Tri-Star brands would be used as separate and autonomous production entities, and would be part of CPE whole, along with the prior assets, units and commitments of the former Coca-Cola Entertainment Business Sector, which included all feature, TV, home video, and pay cable operations as well as the Entertainment Sector's feature production deal with Nelson Entertainment and its investment in Castle Rock Entertainment, and TeleVentures; a company it continues to own, which was linked to three independent companies: Tri-Star Pictures, Stephen J. Cannell Productions and Witt/Thomas Productions. Merv Griffin Enterprises continue to function as a separate operation.[13] A new company was formed in early 1988 with the Tri-Star name to take over the studio's operations.[14]

In early January 1988, CPE announced that they would revive the Triumph branding for the new worldwide subsidiary, Triumph Releasing Corporation, which was functioned as a theatrical distributor, marketing and promotion for Columbia and Tri-Star films, and named Patrick N. Williamson as president of the unit and the company provided administrative services related to distribution of its films in North America, while internationally, would be responsible for the direction of each studio.[15]

On September 28, 1989, Sony obtained an option to purchase all of The Coca-Cola Company's stock (approximately 54 million shares or 49% of the outstanding shares) in CPE for $27 per share.[16] The next day, Sony also announced that it reached an agreement with Guber-Peters Entertainment Company, Inc. (NASDAQ: GPEC; formerly Barris Industries, Inc.) to acquire CPE for $200 million when Sony hired Peter Guber and Jon Peters to be its co-chairmen.[17] This was all led by Norio Ohga, who was the president and CEO of Sony during that time.[18]

The hiring of Guber and Peters by Sony to run Columbia was conflicted by a previous contract the producers had signed at Warner Bros. Time Warner's chairman, Steve Ross, threatened Sony with a lawsuit for breach of contract. The lawsuit would be subsequently dropped when Sony sold half-interest in Columbia House and cable distribution rights to Columbia's feature films, TV movies, and miniseries to Warner Bros. That same agreement also saw Columbia sell its 35% interest in the Burbank Studios and acquired Lorimar Studios, previously the MGM lot, from Warner Bros.[19][20]

On October 31, 1989, Sony completed a friendly takeover bid for the rest of shares (51%) of CPE, which was a public company listed on the New York Stock Exchange (NYSE: KPE), and acquired 99.3% of the common stock of the company. On November 8, 1989, Sony completed the acquisition by a "short-form" merger of its wholly owned subsidiary Sony Columbia Acquisition Corporation into CPE under the Delaware General Corporation Law. Sony also completed a tender offer for shares of common stock of the Guber-Peters Entertainment Company on November 6, 1989, and acquired the company 3 days later. The acquisition cost Sony $4.9 billion ($3.55 billion for shares and $1.4 billion of long-term debt) and was backed (financed) by five major Japanese banks Mitsui, Tokyo, Fuji, Mitsubishi and Industrial Bank of Japan.[21][22][23]

The company was renamed as Sony Pictures Entertainment on August 7, 1991.[24][25] Also that year, Jon Peters left Columbia to start Peters Entertainment with a three-year exclusive production agreement at the studio at first, before transitioning to a non-exclusive deal at the studio.[26] Longtime CPE employee Laurie MacDonald also left to start Aerial Pictures at the studio, first for a two-year deal, before going to 20th Century Fox in 1993, and being swallowed up by Amblin Entertainment later that year, eventually setting up DreamWorks.[27]

Sony has since created numerous other film production and distribution units, such as creating Sony Pictures Classics for art-house fare, by forming Columbia TriStar Pictures (also known as the Columbia TriStar Motion Picture Group) by merging Columbia Pictures and TriStar Pictures in 1998, revitalizing Columbia's former television division Screen Gems.

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