Latest in Sony Pictures Entertainment

Eagle Pictures Seals Italy Distribution & Production Deal With Sony Tarak Ben Ammar's Italian distribution and production house Eagle Pictures has sealed a distribution and production deal with Sony Pictures Entertainment which will take effect from 2023. "The deal with Sony represents an important…

Sony Pictures Entertainment recorded $202 million in operating profit for the three months ended September 30, repping a 30% slide from the comparable period last year (-13% on a yen basis). The company said Q2 profits were affected by the absence of new films licensed to digital streaming services and an…

Tom “Tommy” McCarthy, executive vice president of post-production facilities, is retiring from his post at Sony Pictures Entertainment after more than three decades. Jon Hookstratten, EVP of Administration & Operations, confirmed the news in a memo adding that Kimberly Jimenez had been promoted to senior vice…

Widespread optimism months ago that domestic box office might readily return to pre-Covid levels has given way to a new sense of pragmatism about the movie business. This year’s tally will far surpass last year’s $4.5 billion haul, but it will certainly fall billions short of 2019’s $11.4 billion in receipts, and all…

Sony Pictures Entertainment has posted operating income of $381M (50.7BN yen) for the first quarter of this year, up 70% on the $232M posted in the same period last year on a currency basis. Revenues grew 41% to $2.58BN (341.4BN yen), compared with last year's $1.87BN. The numbers were significantly…

Sony Pictures Entertainment is strengthening its India team with the appointments of Shony Panjikaran as general manager and head of Sony Pictures Releasing International (SPRI), India, and Lada Guruden Singh as general manager and head of Sony Pictures International Productions (SPIP), India. The move marks the first…

UPDATE, writethru: For the fiscal year ended March 31, 2022, Sony Pictures Entertainment saw a 172% increase in operating income to 217.4 billion yen ($1.67 billion). Revenues hit 1,239 billion yen ($9.5 billion), up 55% versus the previous year. The significant jumps were primarily due to higher sales in all…

EXCLUSIVE:  Jonathan Gist has joined Sony Pictures Entertainment as Executive Director of Global Intersectional Marketing, supporting all of the studio's labels, including Columbia Pictures, 3000 Pictures, TriStar Pictures, Screen Gems, Affirm Films and Sony Pictures Animation. Gist will report to Ellene Miles, SVP of…

Sony's Morbius is ostensibly a Spider-Man spin-off, but in many ways the Marvel movie has more in common with DC's solemn The Batman. Michael Morbius is a moody, Byronic scientist living in New York, with rich sponsors to fund his research into the rare blood disorder he suffers from. The answer could possibly lurk in…

A day after Disney announced it was suspending its business in Russia amid the invasion of Ukraine, Sony Pictures Entertainment has made it known that it is doing the same. This goes beyond the standard theatrical releases which both studios earlier halted. Sony Pictures Entertainment Chairman and CEO Tony Vinciquerra…

After last summer’s official close of the anime mega-merger of Crunchyroll and Funimation, Sony Pictures Entertainment has unified the offerings into a single service. Crunchyroll subscribers starting today will gain access to streaming fare previously exclusive to Funimation as Sony starts to phase out the Funimation…

UPDATE, writethru: With a major assist from the phenomenal global box office performance of Spider-Man: No Way Home, Sony Pictures Entertainment has recorded a third-quarter profit of $1.314 billion, up a staggering 570% from the comparable period in 2020. Revenues saw a 122% increase to $4.063 billion versus the same…