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The Transamerica Pyramid was the tallest skyscraper west of the Mississippi from 1972 to 1974 surpassing the then Bank of America Center.
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Transamerica and Pyramid
* The 48-story Transamerica Pyramid in San Francisco, California, designed by William Pereira, one of the city's symbols.
The Transamerica Pyramid is the tallest skyscraper in the San Francisco skyline and one of its most iconic.
* The hull of the whaling vessel Niantic, an artifact of the 1849 California Gold Rush, lay almost exactly beneath the Transamerica Pyramid, and the location is marked by a historical plaque outside the building ( California Historical Landmark # 88 ).
Because of this ( and because of the existence of the Transamerica Pyramid, which is like the pyramid that is said to have existed as one of the major structures in the City of the Golden Gates ), it is thought by some New Age people that a number of the inhabitants of San Francisco ( the City by the Golden Gate ) are reincarnated from Atlantis.
Transamerica and was
The Transamerica building was commissioned by Transamerica CEO John ( Jack ) R. Beckett, with the claim that he wished to allow natural light and fresh air to filter down to the street below.
UA was humiliated by the astronomical losses on the $ 40, 000, 000 movie Heaven's Gate, a major factor in the decision of owner Transamerica to sell it.
On the basis of its fantastic string of film and television hits in the 1960s, the company was an attractive property, and in 1967 Krim and Benjamin sold control of UA to the San Francisco-based insurance giant, the Transamerica Corporation.
However, Transamerica was not pleased with UA's frequent releases of films rated X by the Motion Picture Association of America, such as Midnight Cowboy and Last Tango in Paris ; in these instances, Transamerica demanded the byline " A Transamerica Company " be removed from the UA logo on the prints and in all advertising.
To Transamerica, it was only a blip on a multi-billion dollar balance sheet, but it soured the relationship forever.
The Heaven's Gate fiasco may have saved the United Artists brand as UA's final head before the sale, Steven Bach, wrote in his book Final Cut that there was talk about renaming United Artists to Transamerica Pictures.
Around 1980, Transamerica was retiring from the filmmaking business, and United Artists was put up for sale.
MGM, led by Kirk Kerkorian ( the company that United Artists had a 10-year distribution deal since 1974 ), made a bid for UA by estimating that MGM would pay UA $ 350 million in distribution fees if the expiring distribution deal was renewed and used the estimated amount to offer the $ 350 million to Transamerica to buy United Artists.
In 1968, Liberty was bought for $ 38 million by Transamerica Corporation ( an insurance company ) and combined with their other label United Artists Records.
In 1979, Kerkorian issued a statement claiming that MGM was now primarily a hotel company ; however, he also managed to expand the overall film library and production system with the purchase of United Artists from Transamerica in 1981.
Together with the Transamerica Pyramid, 555 California Street is evidence of the direction San Francisco's downtown was moving during the 1960s before numerous campaigns against high-rise buildings in the 1970s and 1980s forced development to move south of Market Street.
The Canyon-Johnson fund was involved in the $ 100-million purchase of the 32-story former Transamerica Center complex in downtown Los Angeles that subsequently was renovated and sold for $ 205 million.
Based on logo information on the back of this LP cover, Sunset Records was associated with Transamerica, " Sunset Records-Entertainment from Transamerica Corporation.
" This meant that when Sunset was under Transamerica ownership, it was a subsidiary label of United Artists Records, the label owned by the United Artists film studio, which was part of Transamerica at that time.
Transamerica and tallest
It is one of the world's tallest buildings to be clad with architectural precast concrete ( the Transamerica Pyramid Building in San Francisco is taller ).
The city's tallest buildings, including 555 California Street and the Transamerica Pyramid, and some other tall buildings, such as 101 California Street and 345 California Street, are located there.
** Transamerica Pyramid, the tallest skyscraper in San Francisco, owned by the Transamerica Corporation
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