Sony Pictures Television
Sony Pictures Television Inc. (or SPT) is an American television production and distribution studio founded in 2002 as the successor to Columbia TriStar Television. Based in Culver City, it is a division of Sony Entertainment's Sony Pictures Entertainment and a unit of the Japanese conglomerate Sony.
Sony Pictures
On September 1, 1987, The Coca-Cola Company announced plans to spin off its assets of Columbia Pictures, which it had owned since 1982. Under this arrangement, Coca-Cola would sell its entertainment assets to TriStar Pictures, of which it owned 39.6%. Tri-Star would be renamed to Columbia Pictures Entertainment, Inc. (CPE), with Coca-Cola owning 49%, its shareholders owning 31%, and Tri-Star's shareholders owning 20%. A new company was formed in early 1988 with the Tri-Star name to take over the studio's operations.