Entertainment was renamed to Screen Gems Classicolor, with the CST venture available was in excess of $100 million, and feature Color Systems' library of 101 feature films and a catalog of TV series, which included The Abbott & Costello Show, and Color Systems Technology was paid by Screen Gems to colorize the B&W titles from the joint venture library, and Screen Gems Classicolor's revenue was paid from distribution of the combined Screen Gems and CST libraries in the short-term, and color-converted versions of the titles would go into the pipeline by 1988, and plans to acquire additional features and TV shows for distribution and color conversion, and input many series from the Columbia Pictures Television library that was available for colorization use, which included library series, as well as feature films that were originally released in the black-and-white format. In May 1987, Coca-Cola Telecommunications partnered with Grosso-Jacobson Productions in order to make the development of productions in a non-exclusive pact, namely four made-for-television movies, which included The Gunfighters, Hounds of Hell, Nightfighters and Partington, which was offered to first-run syndication. In June 1987, Coca-Cola Telecommunications and HBO signed an agreement to co-produce and distribute 15 made-for-cable films that was licensed for a foreign release, and commit as much as $70 million to the venture, and wants HBO to produce the projects in-house, or by third-party producers under the HBO Pictures banner, and five of them were produced by Coca-Cola Telecommunications, and production costs were shared on all films, and under the terms of the deal, HBO would premiere the films and retain the domestic home video rights to the ten films, while CCT received domestic home video rights to the five films, as well as foreign rights of all 15 films in the agreement. On December 31, 1987, CCT was shut down and was folded into the reorganized Columbia Pictures Television Distribution (now Sony Pictures Television). This change came when Columbia/Embassy Television was merged with Tri-Star Television, resulting in the loss of two key executives who had run CCT, namely Herman Rush and Peter Seale, as well as Columbia/Embassy Television president Barbara Corday. As a result, CCT had merged with the distribution division of Columbia/Embassy Television to start out Columbia Pictures Television Distribution, featuring most of the original Columbia/Embassy distribution team, who had survived after the merger, including syndicated president Barry Thurston, who had headed Columbia/Embassy's syndication business and took