Effect On TriStar Pictures
Hudson Hawk has the dubious distinction of being the final film produced by TriStar Pictures prior to their being bought out and merged with Columbia Pictures (which was going through similar financial difficulties). Because Hawk (in conjunction with other unsuccessful films from the same studio) had lost so much money, the Sony Corporation had to salvage TriStar by purchasing its remaining stock, and by reorganizing the company as part of the recently-formed Sony Studios. As with United Artists when they were bought out by MGM, Columbia and Tri-Star were allowed to keep their own logos, and to continue making movies under their own names.
(Interestingly, TriStar was first formed under similar circumstances: with stock purchased from Lord Grade's now-defunct ITC, following the costly failure of four ambitiously-expensive movies: Can't Stop The Music, The Legend of the Lone Ranger, Raise The Titanic, and Saturn 3.)
Read more about this topic: Hudson Hawk
Famous quotes containing the words effect on, effect and/or pictures:
“Before the effect one believes in different causes than one does after the effect.”
—Friedrich Nietzsche (18441900)
“The first general store opened on the Cold Saturday of the winter of 1833 ... Mrs. Mary Miller, daughter of the stores promoter, recorded in a letter: Chickens and birds fell dead from their roosts, cows ran bellowing through the streets; but she failed to state what effect the freeze had on the gala occasion of the store opening.”
—Administration in the State of Sout, U.S. public relief program (1935-1943)
“The great charm of poetry consists in lively pictures of the sublime passions, magnanimity, courage, disdain of fortune; or those of the tender affections, love and friendship; which warm the heart, and diffuse over it similar sentiments and emotions.”
—David Hume (17111776)