On this day in 1989, Hollywood Pictures was created by Disney to help cope with the heavy load of movies that Touchstone Pictures (another of Disney's alternate movie divisions) was producing. Like Touchstone and Disney's Miramax Films, Hollywood Pictures produces films for a more mature adult audience.
Hollywood Pictures' first release was Arachnophobia (co-produced with Amblin Entertainment) in 1990. To date its most profitable film The Sixth Sense has grossed over $200 million.
There is even a section in Disney's California Adventure called Hollywood Pictures Backlot!
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