January 20, 2017 3:59 PM 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, Chief Executive Officer of Sony Entertainment and Chief Executive Officer of Sony Corp of America
Age: 56
Chief Financial Officer and Senior Executive Vice President
Age: 63
President of Sony Pictures Television and Chief Marketing Officer of Sony Pictures Television
Age: 50
President of Worldwide Business Affairs & Operations
President of International and President of International Production for Sony Pictures Television
Age: 49
Compensation as of Fiscal Year 2016.

Sony Pictures Entertainment Inc. Key Developments

Sony Pictures Entertainment Announces Management Changes

Michael Lynton will step down as CEO of Sony Entertainment in charge of its Pictures and Music businesses, effective as of February 2, 2017. For the next six months, Lynton will stay on as co-CEO of Sony Entertainment, overseeing the Pictures and Music businesses, and as CEO of Sony Pictures Entertainment and Sony Corp. of America. Sony's President and CEO Kazuo Hirai will take on the additional title of chairman and co-CEO of Sony Entertainment. Hirai will also have a second office in California to oversee the management of the entertainment companies.

CBS Eyes Sony Pictures Entertainment

CBS Corporation (NYSE:CBS) is reportedly interested to acquire Sony Pictures Entertainment Inc. but it is not known to be for sale.

Sony Entertainment Doesn't Plan To Sell Content Studios

Sony Pictures Entertainment Inc. said during an industry event that the company would not be selling its content studios, but Chinese companies do seem to be ready to buy into Hollywood. The lead of Sony Corp.'s entertainment unit said that the company does not plan to sell its content studios, despite speculation that Dalian Wanda Group Co Ltd could be interested. During a September 27, 2016 industry conference hosted by TheWrap, Sony Entertainment Chief Executive Officer Michael Lynton was emphatic that his business would not be sold, arguing that content is "integral to the company." But he did acknowledge the thirst on the part of some Chinese companies to buy a U.S. movie studio, even if he does not completely understand the strategy. "China is probably the only country in the world that can have an industrialized movie business like the United States," he said.

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