August 24, 2016 5:24 AM ET

Media

Company Overview of Sony Pictures Entertainment Inc.

Company Overview

Sony Pictures Entertainment Inc. provides motion picture and television production, acquisition, and distribution services worldwide. It offers digital content creation and distribution services; develops new entertainment products, services, and technologies, which include games and apps; and provides post-production facilities and support services. The company also offers film clip and still licensing services that provide advertisers, publishers, and entertainment productions with licensed access to a library of clips, stills, one-sheets, dialogue, and other thematic elements; stock footage that includes traditional stock, such as aerials, cityscapes, building establishers, process plates...

10202 West Washington Boulevard

Culver City, CA 90232

United States

Founded in 1987

Phone:

310-244-4000

Fax:

310-244-2626

Key Executives for Sony Pictures Entertainment Inc.

Chairman, Chief Executive Officer, President, Director and Chief Executive Officer of Sony Entertainment
Age: 56
Chief Financial Officer and Senior Executive Vice President
Age: 63
Executive Vice President of Theatrical and President of Worldwide Music
President of Sony Pictures Television and Chief Marketing Officer of Sony Pictures Television
Age: 50
President of Worldwide Business Affairs & Operations
Compensation as of Fiscal Year 2016.

Sony Pictures Entertainment Inc. Key Developments

Sky and Sony Sign Multi-Year Movie Agreement

Sky and Sony Pictures Entertainment have signed their first ever multi-year movie agreement stretch across Europe. The arrangement covers both subscription and transactional movie services in the UK, Ireland, Germany, Austria and Italy. It reaches across all new and future Sony releases including, significantly, Ultra HD productions. In addition to linear subscription movie services, Sky Movies, Sky Cinema and Sky Film customers will also be able to view the content on the move through Sky Go. Now TV and Sky Online is also included.

Judge Approves Settlement in Sony Pictures Entertainment's Hacking Case

A judge has approved a multimillion dollar settlement in a class-action lawsuit filed by former Sony Pictures Entertainment employees whose private information was stolen in a massive data breach. The US government blamed the hack on North Korea in an attempt to derail the release of the North Korean-focused comedy The Interview. US District Judge R Gary Klausner approved the agreement that gives roughly 437,000 people impacted by the breach identity theft protection from the time of the 2014 hack through 2017. Under the deal, Sony agreed to provide identity theft protection - as well as an optional service that will cover up to $1 million in losses - and create a fund to cover any additional losses. An exact figure for the settlement is not yet available, since a deadline for workers to sign up for credit protection and reimbursement hasn't yet passed. To date, Sony has committed $7 million to notify people affected by the breach and establish a fund to reimburse them for uncovered identity theft losses. That figure doesn't account for millions of dollars Sony has committed to pay for credit monitoring services and for plaintiffs' attorney fees. So far, 18,000 people have signed up for the optional service, which retails for $350. Sony will pay far less for the service. Highly sensitive personal information about current and former Sony Entertainment employees was stolen and posted online in the 2014 hack. Hackers calling themselves Guardians of Peace broke into company computers and released thousands of emails, documents and sensitive personal information.

Sony Pictures Names Randy Lake as President - Studio Operations & Imageworks

Sony Pictures Entertainment has appointed Randy Lake as president - studio operations & Imageworks. Lake oversees all operations, strategy and planning for Sony Pictures Imageworks, Post Production Services, Production Services, Global Mastering and Servicing, and Asset Management. He will continue to report jointly to Sony Pictures Television chairman Steve Mosko and Sony Pictures Motion Picture Group chairman Tom Rothman. Lake was previously executive vice president, studio operations and general manager - Imageworks.

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