Shaw Brothers (HK) Limited (邵氏兄弟(香港)公司) was the largest film production company in Hong Kong, operating from 1925 to 2011. The company was founded in 1958 by Run Run Shaw. It is the succesor of Tianyi Film Company, also known as Unique Film Productions founded in 1925 in Shanghai by the other Shaw brothers, Runje, Runme, and Runde. They also established a film distribution company in Singapore, where Runme and Run Run Shaw, managed the precursor to the parent company, Shaw Organisation. In 1961, Shaw Brothers established Movietown, the largest privately-owned studio in the world at that time. In 2011, Shaw Brothers was reorganized into the Clear Water Bay Land Company Limited and its film production business was taken over by other companies within the Shaw conglomerate. The company continues to remain active in producing TV shows under the Shaw Brothers name.