BREAKING: Former Fox Filmed Entertainment chairman/CEO Tom Rothman is teaming with Sony Pictures to launch TriStar Productions, a joint venture that will augment the output of Amy Pascal’s division with movies and TV. This was just announced by Sony Entertainment CEO and Pascal, the co-chairman of Sony Pictures Entertainment. Sony is going to provide funding for the venture and retain distribution rights around the world. Rothman will held the title of TriStar Productions chairman and receive an equity stake in the new company. He reports to Lynton and Pascal.
Rothman will staff up with production execs and will have its own strategic marketing capabilities but the movies will be released through Sony’s pipeline. It gives the studio another generator of product to go with Columbia Pictures, Screen Gems, Sony Pictures Animation, Sony Pictures Classics and Sony Pictures Worldwide Acquisitions, the latter of which has always gotten acquisitions released through the venerable TriStar banner.
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