Founded in 1912 by Carl Laemmle It is one of the oldest American movie studios still in continuous production. In 2004, the controlling stake in the company was sold by Vivendi Universal to General Electric, parent of NBC. The resulting media super-conglomerate was renamed NBC Universal, while Universal Studios Inc. remained the name of the production subsidiary. In addition to owning a sizable film library spanning the earliest decades of cinema to more contemporary works, it also owns a sizable collection of TV shows through its subsidiary NBC Universal Television Distribution. It also acquired rights to several prominent filmmakers' works originally released by other studios through its subsidiaries over the years.
Its production studios are at 100 Universal City Plaza Drive in Universal City, California. Distribution and other corporate offices are in New York City. Universal Pictures is the second-longest-lived Hollywood studio; Viacom-owned Paramount Pictures is the oldest by a month.
Over the years, Universal has made deals to distribute and/or co-finance films with various small companies, such as Imagine Entertainment, Media Rights Capital, Amblin Entertainment, Morgan Creek Productions, Spyglass Entertainment, Working Title Films (and DreamWorks), StudioCanal, Relativity Media, Shady Acres Entertainment, Mandalay Entertainment, Marc Platt Productions, and Beacon Communications LLC.
Several of Universal's most successful films and franchises include JAWS, E.T. the Extra-Terrestrial, Back to the Future, and Jurassic Park.
Inception Date: 1912