Sony Pictures TV president Steve Mosko has been upped to chairman. He will continue to oversee all television operations for Sony Pictures Entertainment worldwide, reporting to Sony Entertainment CEO Michael Lynton. Lynton made the announcement today at a studio all-staff meeting.
“Under Steve’s leadership, Sony Pictures Television has become the industry’s largest independent television studio,” Lynton said. “Our media networks business has expanded to over 150 channel feeds around the world and the company is well-positioned for growth in both production and distribution. Steve is a remarkable executive and we are proud to have him at the helm of Sony Pictures Television.”
For the past several years, the importance of Sony Entertainment’s TV operation has been on the rise, contributing well over 50% and possibly over 60% of Sony Entertainment’s operating income, leading to Lynton’s announcement in 2013 that the company will make “a significant shift in emphasis from motion pictures to higher-margin television.” Sony TV also was a stabilizing factor during the massive hack attack, carrying on its business while other Sony divisions had been virtually paralyzed.
The title bump comes as Sony TV veteran Mosko’s contract is coming up next year. Last time his deal was up for renewal, Mosko was courted for high-profile gigs elsewhere, including the top Tribune Broadcasting job. He had been tipped for promotion earlier this year, following the exit of Sony Pictures Entertainment co-chairman Amy Pascal in the wake of the hacking scandal. The scandal deepened the rift between Sony’s film and TV divisions as it exposed emails indicating that, despite television’s increasing importance and status as a cash cow, SPE, run by film executives, Lynton and Pascal, had sometimes made major decisions that impact the television operation unilaterally, without conferring with TV executives. Mosko’s promotion today may be a step towards repairing that rift.
“I am honored to be named chairman, and grateful to Michael, my colleagues at Sony Pictures, and to the incredible team at Sony Pictures Television, whose hard work and dedication has built the successful global business we have today,” Mosko said.
A Sony Pictures Entertainment executive for more than two decades, Mosko oversees global television production, distribution of feature film and television content, and the studio’s international networks available in 180 countries, reaching more than 1.3 billion cumulative households worldwide including Crackle, SPE’s premium video streaming service, and GSN, cable’s game show network.
In the U.S., Sony Pictures Television’s series portfolio includes The Blacklist, The Player, The Goldbergs, and Shark Tank on broadcast, as well as cable series Masters Of Sex, Outlander and Breaking Bad follow-up Better Call Saul; and original series for digital distribution, including Bloodline and The Get Down for Netflix, Powers for PlayStation, and Mad Dogs for Amazon. An independent studio with no affiliated network, SPT also produces syndication’s longtime top-rated game shows, Wheel Of Fortune and Jeopardy!, and the top network daytime serials The Young And The Restless and Days Of Our Lives. Additionally, with 19 wholly-owned or joint-venture production companies outside the U.S., the studio is a leader in local language production around the world.
Mosko joined Sony Pictures Entertainment in 1992, and was named President of Sony Pictures TV in 2000. In this role, Mosko built on the studio’s syndication business, overseeing first-run and off-network program sales in more than 200 markets and supervising efforts of regional offices in New York, Los Angeles, Chicago, Atlanta and Dallas.