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:
“To speak impartially, the best men that I know are not serene, a world in themselves. For the most part, they dwell in forms, and flatter and study effect only more finely than the rest.”
—Henry David Thoreau (1817–1862)
“The whole theory of modern education is radically unsound. Fortunately in England, at any rate, education produces no effect whatsoever. If it did, it would prove a serious danger to the upper classes, and probably lead to acts of violence in Grosvenor Square.”
—Oscar Wilde (1854–1900)
“Museums are just a lot of lies, and the people who make art their business are mostly imposters.... We have infected the pictures in museums with all our stupidities, all our mistakes, all our poverty of spirit. We have turned them into petty and ridiculous things.”
—Pablo Picasso (1881–1973)