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| Industry | Film Television |
|---|---|
| Founded | January 1, 1990; 35 years ago (1990-01-01) inTokyo,Japan |
| Founder | Armyan Bernstein[1] |
| Headquarters | Santa Monica, California, United States |
Key people | Armyan Bernstein (chairman) |
| Products | Motion pictures Television series |
| Website | beaconpictures |
Beacon Communications, LLC, commonly referred to asBeacon Pictures,[2] is an American film and television production and international sales company founded on January 1, 1990, byArmyan Bernstein,[3] who is also its chairman.[4] The company produces motion pictures for studios such asWalt Disney Studios Motion Pictures,Universal Pictures andSony Pictures Entertainment.
Tom Rosenberg is an original co-founder and was the company's investor. He sold its stake in 1994 to launchLakeshore Entertainment.[5] In 1996, it struck a first look deal with Universal.[6]
In 2002, three executives of Beacon, namely producerMarc Abraham, Beacon COOThomas Bliss and senior VP of developmentEric Newman left the company to formStrike Entertainment, with a first-look deal atUniversal Pictures.[7]
Beacon was acquired in 1994 byCOMSAT, who a year later put the company under its Ascent Entertainment Group division. By early 1999, Ascent was about to be broken up due to financial problems, mostly stemming from building thePepsi Center inDenver.[8] Bernstein and venture capitalistKevin O'Donnell, son of Kennedy administration special assistant and appointments secretaryKenny O'Donnell, purchased Beacon back, restoring its independent company status.[9][10]
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