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:
“Living more lives than one, knowing people of all classes, all shades of opinion, monarchists, republicans, socialists, anarchists, has had a salutary effect on my mind. If every year of my life, every month of the year, I had lived with reformers and crusaders I should be, by this time, a fanatic. As it is I have had such varied things to do, I have had so many different contacts that I am not even very much of a crank.”
—Rheta Childe Dorr (1866–1948)
“In effect it seemed to him that, though honor might possess certain advantages, yet shame had others, and not inferior: advantages, even, that were well-nigh boundless in their scope.”
—Thomas Mann (1875–1955)
“There is nothing on earth more exquisite than a bonny book, with well-placed columns of rich black writing in beautiful borders, and illuminated pictures cunningly inset. But nowadays, instead of looking at books, people read them. A book might as well be one of those orders for bacon and bran.”
—George Bernard Shaw (1856–1950)