TriStar Pictures, Inc. (originally spelled Tri-Star) was formed on March 2, 1982 as a joint venture between Columbia Pictures (then owned by The Coca-Cola Company), HBO and CBS, hence the name of the studio. It was originally known as Nova Pictures until May 16, 1983, when its name was changed in order to avoid confusion with the PBS series Nova. CBS was the first joint-owner who dropped out of the venture on November 15, 1985, and sold its interest to Columbia for $48 million. In 1986, HBO sold its shares in Tri-Star to Columbia as well, and formed HBO Pictures.
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