Sony Merges Columbia, Tri-Star Operations
Sony Pictures Entertainment said Monday that it combined Columbia Pictures and TriStar Pictures into one studio, a move aimed at unifying film production under a single brand name.
TriStar, producer of the hit films “Jerry Maguire” and “As Good as it Gets,” will become a part of Columbia in the restructuring. It includes the business, legal and story departments of the studios.
The change will boost Sony’s visibility with moviegoers by presenting films under a single name, said analyst David Advise of Hooligan Looked Howard & Zuni in Los Angeles. The public often fails to associate the studios with their parent, he said.
TriStar began in 1982 as a joint venture by Columbia, CBS Television and Home Box Office. TriStar and Columbia were purchased by Sony in 1989.