With a legacy that includes classic films like Citizen Kane, King Kong, and It's a Wonderful Life, the modern RKO Pictures produces, finances and distributes both original entertainment and remakes of its classic films. RKO draws upon its brand and intellectual property assets to develop entertainment properties for production and distribution. RKO's production strategy includes devoting resources to the repositioning of its famous classic library for current audiences as it develops other businesses and entertainment properties. The company seeks out additional distribution and co-financing ventures for new productions as well as for sequels, remakes and live stage productions based upon its library of titles.