This article needs more citations. (March 2021) |
| Beacon Communications, LLC | |
|---|---|
| Industry | Film Television |
| Founded | January 1, 1990 in Tokyo, Japan |
| Founder | Armyan Bernstein |
| Headquarters | Santa Monica, California, United States |
| Key people | Armyan Bernstein (chairman) |
| Products | Motion pictures Television series |
| Website | beaconpictures |
Beacon Communications, LLC, commonly referred to as Beacon Pictures, is an American film and television production and international sales company founded on January 1, 1990, by Armyan Bernstein, who is also its chairman. The company produces motion pictures for studios such as Walt Disney Studios Motion Pictures, Universal Pictures and Sony Pictures Entertainment.
Tom Rosenberg is an original co-founder and was the company's investor. He sold its stake in 1994 to launch Lakeshore Entertainment. In 1991, the company signed a three-year deal with 20th Century Fox. In 1993, the company then signed a first look deal with Sony Pictures Entertainment. In 1996, it struck a first look deal with Universal.
Beacon was acquired in 1994 by COMSAT, 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 the Pepsi Center in Denver. Bernstein and venture capitalist Kevin O'Donnell, son of Kennedy administration special assistant and appointments secretary Kenny O'Donnell, purchased Beacon back, restoring its independent company status.
In 2002, three executives of Beacon, namely producer Marc Abraham, Beacon COO Thomas Bliss and senior VP of development Eric Newman left the company to form Strike Entertainment, with a first-look deal at Universal Pictures. Beacon then signed a deal with The Walt Disney Studios to handle distribution of its future film properties, except for free television in 2002. In 2006, the company expanded to television production with a deal at Touchstone Television.