Sony
pictures was the brainchild of Norio Ohga, the then CEO and president of Sony
Corporation in 1989. Sony Corporation attempted 2 major acquisitions in 1989.
It secured an option of purchasing the entire stock of the Coca Cola Company in
CPE (Columbia Pictures Entertainment, Inc). It also made a company acquisition
agreement with Guber-Peters Entertainment company, Inc. for $200 million.
After
the formal completion of the acquisition process and successful listing of the
merged company on the NYSE, the company was renamed on 7th August
1991, as Sony Pictures Entertainment. Thereafter Sony established a number of
distribution and film production units. To name a few of its units,
Motion
Pictures and Home Entertainment
Columbia
TriStar Motion Picture Group, which boasts of a library of 4000+ films, including
12 Academy Award winning movies.
Sony pictures
classic was created to help production and distribution of low budget art films
as well as independent films. Though not a Sony Venture, Morcan Motion Pictures is a recent entrant in
the field of production and distribution and is ready to launch its Indian
Australian thriller, ‘My Cornerstone’ due for release in April 2014, directed
by Stanley Joseph.
Production
giants like Sony have become a brand name with its numerous products ranging
from, Television production, Motion Pictures to Television Syndication, Digital
distribution and Mobile entertainment, and the list is ever expanding.
The
Television Production and Distribution group of Sony now known as Sony Pictures
Television group shines with a library of over 35000+ episodes of not less than
270 television series and 22000 game show episodes.
The
Sony Pictures studio, which was established in 1989, is located in Culver City, California. It has 16 sound
studios and is open to public for touring and visits. It houses the film
companies, Columbia Pictures and Tri-Star Pictures. Sony acquired the property
which was known as Columbia Pictures, in a dilapidated state. Sony invested
around $ 100 million to spruce up the facility. The 45 Acre property underwent
a three year renovation and now boasts of one of the best equipped film
studios.
In
the year 2002, Sony Pictures Animations was founded. The studio’s first film
Open Season was released in 2006. The digital production is handled by Sony
Picture Imageworks and the distribution is handled by the Columbia Pictures.
Currently Sony is working on the Popeye, Smurfs 3 and Hotel Transylvania 2.
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