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  2. With a $10 million investment by CPI, and a reorganization of the various Columbia Pictures legacy labels (Colpix, Colgems, and Bell), Davis introduced Columbia Pictures' new record division, Arista Records, in November 1974, with Davis himself owning 20% of the new venture.

  3. On September 1, 1987, The Coca-Cola Company announced plans to spin off Columbia Pictures, which it had owned since 1982. Under this arrangement, Coca-Cola would sell its entertainment assets (Coca-Cola's Entertainment Business Sector) to TriStar Pictures, of which it owned 39.6%.

  4. May 26, 2023 · Columbia Pictures is a division of Sony Pictures Entertainment, which recorded over 1.2 trillion Japanese yen, or about $8.8 billion USD, in revenue in the fiscal year ended March 31, 2022.

    • Lisa Goetz
  5. Jan 24, 2024 · After its acquisition by the Coca-Cola Company in 1982, Columbia Pictures Corporation and all of its entertainment holdings were purchased by Sony Corporation from The Coca-Cola Company in 1989, and the company was renamed Sony Pictures Entertainment in 1991.

  6. Jul 1, 2024 · Columbia was purchased by The Coca-Cola Company in 1982. That same year, Columbia helped launch a new motion-picture studio, Tri-Star Pictures, which was merged with Columbia in 1987 to form Columbia Pictures Entertainment, Inc.

  7. Founded in 1912, the facility is currently owned by Sony Pictures and houses the division's film studios, such as Columbia Pictures, TriStar Pictures, and Screen Gems. The complex was the original studios of Metro-Goldwyn-Mayer from 1924 to 1986 and Lorimar-Telepictures from 1986 to 1988.

  8. Who owns Columbia Pictures? Columbia Pictures is owned by Sony Group. It was acquired on September 28, 1989.

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