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Last Updated: Wednesday, 7 April, 2004, 11:03 GMT 12:03 UK
Historic Hollywood studios sold
Scene from Gone With the Wind
Gone With the Wind was filmed at the studios
The Hollywood studio where film classic Citizen Kane was made has been sold for $125m (68m).

Sony has sold the 85-year-old Culver Studios to a private investment group called Studio City Los Angeles (SCLA), according to the buyers.

The group said it wanted to make the historic studios the "first choice" for film producers.

Hollywood pioneer Thomas Ince built the studios in 1919. The original King Kong movie was filmed there in 1933.

Ron Lynch, who will run the studios for SCLA, said: "Our goal at SCLA is to make The Culver Studios the first choice of producers when they begin evaluating their production needs,"

Famous Culver Studio films
King Kong (1933)
A Star Is Born (1937)
Gone With the Wind (1939)
Rebecca (1940)
Citizen Kane (1941)
Spellbound (1945)

After Ince died in 1924, the studios were bought by legendary filmmaker Cecil B. DeMille.

In 1928 they were bought by Pathe Studios, which later became RKO Pathe.

In their history, the studios have also been owned by billionaire aviator Howard Hughes and US comedienne Lucille Ball, among others.

They were sold to Sony Pictures Entertainment in 1991, a year after the company bought the nearby MGM studios

The Culver Studios are now a major television production facility, where shows produced there include Peyton Place, Batman and the pilot for Star Trek.

SCLA is a partnership created by the investment bank Lehman Bros., Los Angeles-based Pacific Coast Capital Partners and Pacifica Ventures.


SEE ALSO:
Citizen Kane tops critics' poll
09 Aug 02  |  Entertainment
Film's golden year 'was 1939'
11 Sep 03  |  Entertainment


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