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Sony Pictures Entertainment, Inc. (SPE) is the television and film production/distribution unit of Japanesemarker multinational technology and media conglomerate Sony. Its group sales in 2008 has been reported to be of $7.2 billion.

History

On September 28, 1989, Sony acquired the Americanmarker film and television production company Columbia Pictures Entertainment, Inc. (Columbia Pictures, TriStar Pictures, etc.) from The Coca-Cola Company for US$3.4 billion. The company was renamed Sony Pictures Entertainment in 1991. The next day, Sony also acquired the Guber-Peters Entertainment Company for $200 million.

Sony has since created numerous other film production and distribution units, such as creating Sony Pictures Classics for art-house fare, by forming Columbia TriStar Pictures (also known as the Columbia TriStar Motion Picture Group) by merging Columbia Pictures and TriStar Pictures in 1998, revitalizing Columbia's former television division Screen Gems, and expanded its growth on April 8, 2005, when a consortium led by Sony and its equity partners acquired the legendary Hollywood studio Metro-Goldwyn-Mayer in a deal worth nearly US$5 billion. On June 4, 2008, SPE's wholly-owned group 2JS Productions B.V. acquired Dutch production company 2waytraffic N.V., famous for Who Wants to Be a Millionaire? and You Are What You Eat for £114.3 million ($223.2 million in US dollars).

Mario Gabelli, a veteran investor, said Paramount Pictures could merge with Sony Pictures Entertainment, Universal Studios or another movie studio, depending on the consolidation in the industry.

Sony Pictures Franchises

This is a list of franchises by Sony Pictures Entertainment



Corporate structure

Headquartered in Culver City, Californiamarker, USAmarker, SPE comprises various studios and entertainment brands, including Columbia Pictures and GSN.

Senior management team

  • Michael Lynton
    • Chairman & CEO, Sony Pictures Entertainment
  • Amy Pascal
    • Co-Chairman, Sony Pictures Entertainment
    • Chairman, Motion Picture Group, Sony Pictures Entertainment
  • Jeff Blake
    • Vice Chairman, Sony Pictures Entertainment


List of holdings

Sony Pictures Plaza in Culver City, California


Motion Pictures/Home Entertainment



Television Production/Distribution



Other Sony Pictures operations



Entrance to SPE main lot in Culver City
  • Sony Pictures Cable Ventures, Inc.
  • Sony Pictures Studiosmarker: The actual physical buildings, land and movie-making equipment properties in Culver City, California. Includes 22 sound stages, ranging in size from 7,600 to 43,000 square feet (700 to 4,000 m²)
    • Sony Pictures Studios Post Production Facilities
    • Worldwide Product Fulfillment
  • Game Show Network: (joint venture with Liberty Entertainment)
  • Crackle (formerly known as Grouper Networks)
  • Sony Pictures Entertainment (SPEJ): The company plans, produces, manufactures, sells, imports, exports, leases, broadcasts and distributes movies, TV programs, videos and audio-visual software in Japan. The company web site says it was established on February 10, 1984, predating Sony's acquisition of Columbia Pictures Entertainment by 5 years. SPEJ was formed in 1991 through the merger of Columbia Tristar Japan, RCA Columbia Pictures Video Japan, and Japan International Enterprises. Based in Tokyo, Japan.
  • Sony Pictures Loot: A newly formed group of developers that creates experiences and products for PlayStation Home. Their products include premium personal spaces and decorative ornaments and clothes/costumes for the users personal spaces and avatars. The premium personal spaces have equipment that allows users, if hooked up to a video capture system, make their own machinimas in Home.


Affiliates



MGM Holdings, Inc. (MGM):





  • Officially, unlike Columbia TriStar Motion Picture Group, Metro-Goldwyn-Mayer is not a part of Sony Pictures Entertainment. Sony owns 20% of the total equity (which includes 45% of the total outstanding common stock) of MGM Holdings, Inc.


  • MGM has operating agreements with SPE in regard to the distribution of MGM's library and co-production of new films. In 2006, MGM ended their distribution agreement with SPE and transferred their home video output from SPE to 20th Century Fox Home Entertainment (excepting those Columbia TriStar/MGM/UA co-productions).


Notes and references

  1. Sony Pictures - Corporate Factsheet, sonypictures.com
  2. Rudolph B (1994) So many dreams so many losses. Time vol. 144, no. 22 (November 28, 1994)
  3. Griffin N, Masters K (1996) Hit and Run: How Jon Peters and Peter Guber Took Sony for a Ride in Hollywood. (Simon & Schuster, ISBN 0-684-83266-6)
  4. Nathan, J. (1999) Sony: The Private Life. (Houghton Mifflin, ISBN 0-395-89327-5, ISBN 0-618-12694-5)
  5. Sony will purchase MGM in a deal worth about $5 billion, CNN, September 14, 2004.
  6. Paramount Could Merge with Another Studio, The Malaysian Insider, June 16, 2009
  7. Paramount could merge with another studio -Barron's Reuters, June 14, 2009
  8. The Anime Biz - By Ian Rowley, with Hiroko Tashiro, Chester Dawson, and Moon Ihlwan, BusinessWeek, June 27 2005.
  9. Animax Asia - Corporate Profile - Animax-Asia official website.
  10. Sony Pictures Online SPEJ - Company Profile, Sony Pictures Entertainment (Japan), Inc. official website.
  11. History of Columbia Pictures Part 3, Sony Pictures Entertainment Japan (in Japanese)
  12. MGM Media Center - Operating Units
  13. Acquisition of Metro-Goldwyn-Mayer Completed. April 8, 2005, Press Release, Sony Corporation of America
  14. Sony Annual Report (SEC Form 20-F) for the fiscal year ended March 31, 2006
  15. Sony 2006 Annual Report
  16. Sony Consolidated Financial Statements, For the year ended March 31, 2008


External links




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