TriStar Pictures, Inc. is an American film production/distribution studio and subsidiary of Columbia Pictures, itself a subdivision of the Columbia TriStar Motion Picture Group, which is owned by Sony Pictures. The concept for TriStar Pictures came about in 1982 when Columbia Pictures , HBO, and CBS decided to pool resources to split the ever-growing costs of making movies, creating a new joint venture. In 1983, it was given the name Tri-Star Pictures . It was the first major Hollywood studio since RKO Pictures was founded over 50 years earlier. Their first production, released in 1984, was... The Natural, starring Robert Redford. During this venture, many of Tri-Star's releases were released on VHS by either RCA-Columbia Pictures Home Video , CBS/FOX Video , or HBO Video. In addition, HBO would gain exclusive cable distribution rights to these films, and broadcast television licenses would go to CBS.
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