Desilu Studios was eventually acquired by Gulf+Western Industries and became part of Paramount Television.
Desilu Studios, founded by Lucille Ball and Desi Arnaz in 1950, was a significant player in television production during the 1950s and 1960s, producing hits like “I Love Lucy,” “Star Trek,” and “Mission: Impossible.” In 1962, Desi Arnaz sold his stake to Lucille Ball, making her the first woman to run a major television studio. In 1967, Ball sold Desilu to Gulf+Western Industries, the parent company of Paramount Pictures. The sale marked the end of Desilu as an independent entity. Gulf+Western Industries merged Desilu with Paramount Television, which continued to operate on the original Desilu lot. Over time, the Desilu brand was phased out, and the lot became known as Paramount Television. The legacy of Desilu lives on through the groundbreaking shows it produced and its role in shaping the television industry.