Before kickstarting their villain-centric cinematic universe with Venom, Sony’s initial plans involved building a shared universe revolving around Andrew Garfield’s Spider-Man. Unfortunately, before the shared universe could even launch, Sony pulled the plugs off it after The Amazing Spider-Man 2 failed to make it big at the box office, resulting in Garfield’s exit from the role.
But Tasm 2‘s failure might not be the sole reason why Sony opted to move into a new direction without the Oscar-nominated star per one leaked email, which Garfield didn’t completely debunk.
Andrew Garfield’s Exit Might’ve to Do with His Alleged Rift With Former Sony Boss
A still from The Amazing Spider-Man (via Sony Pictures Releasing)
The Amazing Spider-Man 2‘s low box-office returns weren’t the biggest concern at the Sony headquarters in 2014. A malicious hacking group that identified itself as Guardians of Peace, leaked confidential data from the Industry giant,...
But Tasm 2‘s failure might not be the sole reason why Sony opted to move into a new direction without the Oscar-nominated star per one leaked email, which Garfield didn’t completely debunk.
Andrew Garfield’s Exit Might’ve to Do with His Alleged Rift With Former Sony Boss
A still from The Amazing Spider-Man (via Sony Pictures Releasing)
The Amazing Spider-Man 2‘s low box-office returns weren’t the biggest concern at the Sony headquarters in 2014. A malicious hacking group that identified itself as Guardians of Peace, leaked confidential data from the Industry giant,...
- 5/11/2024
- by Santanu Roy
- FandomWire
Sony Pictures’ operating income for its fiscal third quarter ending December fell to 179 million, down 86 percent from 1.31 billion in the same period the previous year, hit by the lack of major theatrical hits and lower revenue from television licensing.
Lyle, Lyle, Crocodile was the Sony unit’s biggest earner with 96 million, followed by Roald Dahl’s Matilda The Musical and Whitney Houston: I Wanna Dance With Somebody, both logging 25 million.
The same quarter in 2021 had seen the release of Spider-Man: No Way Home and Venom: Let There Be Carnage, along with the sale of Gsn Games and the licensing deal for Seinfeld, delivering the film unit its best-ever results.
Quarterly revenue at the pictures division fell 42 percent to 2.35 billion from 4.06 billion, despite contributions from the acquisitions of Bad Wolf and Industrial Media, the company said in Tokyo on Thursday.
Sony Pictures’ profit forecast for the full fiscal year ending in...
Lyle, Lyle, Crocodile was the Sony unit’s biggest earner with 96 million, followed by Roald Dahl’s Matilda The Musical and Whitney Houston: I Wanna Dance With Somebody, both logging 25 million.
The same quarter in 2021 had seen the release of Spider-Man: No Way Home and Venom: Let There Be Carnage, along with the sale of Gsn Games and the licensing deal for Seinfeld, delivering the film unit its best-ever results.
Quarterly revenue at the pictures division fell 42 percent to 2.35 billion from 4.06 billion, despite contributions from the acquisitions of Bad Wolf and Industrial Media, the company said in Tokyo on Thursday.
Sony Pictures’ profit forecast for the full fiscal year ending in...
- 2/2/2023
- by Gavin J Blair
- The Hollywood Reporter - Movie News
Sony Pictures Entertainment seems to be signalling that it will be a buyer and not a seller in the wave of media consolidation currently sweeping across the entertainment industry.
On Monday, the company announced the appointment of Erik Moreno to the position of executive vice president, corporate development and M&A. He joins Sony after stints at Time and Fox Networks Group, where, Sony was quick to note in its release, he had experience in mergers and acquisitions. Moreno is being tasked with developing “growth strategies,” which Sony says includes “identifying potential partnership or acquisition prospects.” He starts next month.
He joins Sony at a time of tectonic shifts in the movie and television businesses. Time Warner has been purchased by At&T and rechristened WarnerMedia, Disney is putting the finishing touches on its deal for much of Fox studio, and Comcast and Fox are locked in a battle for control of BSkyB.
On Monday, the company announced the appointment of Erik Moreno to the position of executive vice president, corporate development and M&A. He joins Sony after stints at Time and Fox Networks Group, where, Sony was quick to note in its release, he had experience in mergers and acquisitions. Moreno is being tasked with developing “growth strategies,” which Sony says includes “identifying potential partnership or acquisition prospects.” He starts next month.
He joins Sony at a time of tectonic shifts in the movie and television businesses. Time Warner has been purchased by At&T and rechristened WarnerMedia, Disney is putting the finishing touches on its deal for much of Fox studio, and Comcast and Fox are locked in a battle for control of BSkyB.
- 7/30/2018
- by Brent Lang
- Variety Film + TV
Why is Sony laying off staff at a time when its stock is higher than it has been in years at $52 a share, and when big results are expected for God of War 4 and a Spider-Man game on PlayStation, and movie sequels to Spider-Man and Jumanji coming from a movie division that has turned things around? And all this after Sony paid generous 2017 performance bonuses that were called the “Jumanji bonus” after the $100M budget franchise reboot grossed over $961M?
Some on the lot believe that layoffs could be marching orders from Tokyo to Sony to raise profit margins by streamlining overhead and eliminating tenured high salary executives. If sources who’ve predicted these layoffs for several months are right, there will be more painful cuts coming and more internal emails divulging them. Sony Pictures Entertainment chairman Tony Vinciquerra has set a goal to raise overall return on capital margins...
Some on the lot believe that layoffs could be marching orders from Tokyo to Sony to raise profit margins by streamlining overhead and eliminating tenured high salary executives. If sources who’ve predicted these layoffs for several months are right, there will be more painful cuts coming and more internal emails divulging them. Sony Pictures Entertainment chairman Tony Vinciquerra has set a goal to raise overall return on capital margins...
- 7/12/2018
- by Mike Fleming Jr
- Deadline Film + TV
Unveiling his first midterm strategy for electronics giant Sony, new CEO Kenichiro Yoshida took a conservative view Tuesday of the company’s overall profit picture but said he expects the film division’s profits to rise by up to 62% in three years.
By March 2021, Sony expects to achieve an operating profit of $1.2 billion to $1.5 billion, compared to a forecast of $1.7 billion for the current fiscal year, Yoshida said in Tokyo. One reason for the drop is shrinking profit for game consoles and other consumer hardware, which remain a core business for Sony despite drastic cutbacks to TV and other production under former CEO Kaz Hirai. Competition from China and other low-cost producers will force Sony to continue seeking other profit centers.
The outlook for Sony’s movie business is brighter, with a projected operating profit of $522 million to $612 million by the end of three years, in contrast to the $378 billion predicted for FY2018.
Yoshida,...
By March 2021, Sony expects to achieve an operating profit of $1.2 billion to $1.5 billion, compared to a forecast of $1.7 billion for the current fiscal year, Yoshida said in Tokyo. One reason for the drop is shrinking profit for game consoles and other consumer hardware, which remain a core business for Sony despite drastic cutbacks to TV and other production under former CEO Kaz Hirai. Competition from China and other low-cost producers will force Sony to continue seeking other profit centers.
The outlook for Sony’s movie business is brighter, with a projected operating profit of $522 million to $612 million by the end of three years, in contrast to the $378 billion predicted for FY2018.
Yoshida,...
- 5/22/2018
- by Mark Schilling
- Variety Film + TV
Snoopy is heading to Sony after the company paid $185M to acquire a stake in the Peanuts franchise. Sony Music Entertainment, the music division of the Japanese giant, has bought a 39% stake in Charles M. Schulz’s creation – marking the first major entertainment purchase since Kenichiro Yoshida took over from Kaz Hirai as Sony’s CEO.
Sony bought 49% of Dhx Media’s 80% interest in the franchise with the Canadian kids’ company retaining a 41% overall stake in Peanuts. The Schulz family continues to own 20%. The deal is expected to close on June 30 2018.
It comes as Sony’s consumer products division, Sony Creative Products, has been representing the global IP of Snoopy and Charlie Brown since 2010 with the company currently spearheading multiple licensing programs celebrating the 50th Anniversary of Peanuts’ launch in Japan.
“We are honoured to deepen our relationship with Sony Music Entertainment (Japan) as we continue our expansion of Peanuts globally,...
Sony bought 49% of Dhx Media’s 80% interest in the franchise with the Canadian kids’ company retaining a 41% overall stake in Peanuts. The Schulz family continues to own 20%. The deal is expected to close on June 30 2018.
It comes as Sony’s consumer products division, Sony Creative Products, has been representing the global IP of Snoopy and Charlie Brown since 2010 with the company currently spearheading multiple licensing programs celebrating the 50th Anniversary of Peanuts’ launch in Japan.
“We are honoured to deepen our relationship with Sony Music Entertainment (Japan) as we continue our expansion of Peanuts globally,...
- 5/14/2018
- by Peter White
- Deadline Film + TV
As part of a strong Sony earnings report for its 2017-18 fiscal year (which ended on March 31) the company’s music division’s revenue rose more than 12% to around $4.03 billion in Rob Stringer’s first year at the helm as CEO. Streaming revenues soared more than 37% to $1.8 billion, comprising more than 44% of the music division’s total.
Physical sales were also up, rising nearly $10 million to $1.20 billion. While the company did not break down those numbers, a source said they were driven by a strong showing in Japan, where physical sales remain strong, as well as a continued uptick in vinyl sales; physical sales overall are expected to continue their gradual downward trajectory. Download revenues continued to fall, dropping 18% to just under $450 million.
The company singled out Pink’s “Beautiful Trauma,” DJ Khaled’s “Grateful” and Camila Cabello’s “Camila” as its top-selling albums.
The announcement came just three months...
Physical sales were also up, rising nearly $10 million to $1.20 billion. While the company did not break down those numbers, a source said they were driven by a strong showing in Japan, where physical sales remain strong, as well as a continued uptick in vinyl sales; physical sales overall are expected to continue their gradual downward trajectory. Download revenues continued to fall, dropping 18% to just under $450 million.
The company singled out Pink’s “Beautiful Trauma,” DJ Khaled’s “Grateful” and Camila Cabello’s “Camila” as its top-selling albums.
The announcement came just three months...
- 4/27/2018
- by Variety Staff
- Variety Film + TV
Japanese electronics giant, Sony’s pictures division swung back into profit in the 2017-18 financial year, replacing a loss in the previous period.
The division earned $376 million (JPY41.1 billion), on revenues of $9.13 billion, replacing losses of $682 million (JPY80.5 billion) on revenues of JPY903 billion.
At group level, Sony also increased its profits to JPY491 billion on revenues of JPY8,554 billion.
The pictures division which spans film, home entertainment, television productions and TV networks, particularly benefited from an increase in its global theatrical business. Theatrical revenues climbed 50% to hit $1.51 billion. Networks business also climbed from $2.03 billion to $2.46 billion, though home entertainment and sales of film rights to TV both dropped slightly.
The period included $880 million of gross box office from “Spider-Man: Homecoming,” $946 million from “Jumanji: Welcome to the Jungle,” and the first $222 million from “Peter Rabbit.”
“Media Networks sales increased primarily due to higher advertising and subscription revenues resulting from the...
The division earned $376 million (JPY41.1 billion), on revenues of $9.13 billion, replacing losses of $682 million (JPY80.5 billion) on revenues of JPY903 billion.
At group level, Sony also increased its profits to JPY491 billion on revenues of JPY8,554 billion.
The pictures division which spans film, home entertainment, television productions and TV networks, particularly benefited from an increase in its global theatrical business. Theatrical revenues climbed 50% to hit $1.51 billion. Networks business also climbed from $2.03 billion to $2.46 billion, though home entertainment and sales of film rights to TV both dropped slightly.
The period included $880 million of gross box office from “Spider-Man: Homecoming,” $946 million from “Jumanji: Welcome to the Jungle,” and the first $222 million from “Peter Rabbit.”
“Media Networks sales increased primarily due to higher advertising and subscription revenues resulting from the...
- 4/27/2018
- by Patrick Frater
- Variety Film + TV
Fresh off the box-office success of “Jumanji: Welcome to the Jungle,” Sony honchos — chairman and CEO Tony Vinciquerra, studio chief Tom Rothman and newly-installed TV chief Mike Hopkins — held an all-hands meeting Thursday to talk about how Sony is positioning itself in the era of studio consolidation and fierce competition from streaming giants.
Thousands of employees from across the various studio divisions gathered inside Stage 15, the largest sound stage on the Culver City, Calif. studio lot. The meeting was also live-streamed internally to all Sony employees worldwide.
The gathering occurred amid a number of headwinds Sony faces, as well as changes like the sudden stepping down of Sony Corp. CEO Kaz Hirai in February. Seen as a big booster of the entertainment assets, Hirai’s departure sparked speculation of whether Sony’s film and television studios would be sold.
Sony increasingly stands out amid the shrinking studio landscape after a...
Thousands of employees from across the various studio divisions gathered inside Stage 15, the largest sound stage on the Culver City, Calif. studio lot. The meeting was also live-streamed internally to all Sony employees worldwide.
The gathering occurred amid a number of headwinds Sony faces, as well as changes like the sudden stepping down of Sony Corp. CEO Kaz Hirai in February. Seen as a big booster of the entertainment assets, Hirai’s departure sparked speculation of whether Sony’s film and television studios would be sold.
Sony increasingly stands out amid the shrinking studio landscape after a...
- 4/13/2018
- by Ricardo Lopez
- Variety Film + TV
Ryan Lambie Feb 2, 2018
The friendly face of Sony, Kaz Hirai's stepping down from his position as CEO in April...
Despite intense competition, and the odd setback along the way, Sony's PlayStation has continued to go from strength over the past five years. And one constant, since he became president and CEO in 2012, has been Kaz Hirai, a familiar and avuncular face at games events like E3.
Sony has now announced, however, that Hirai's reign is almost over - he'll step down from his position on the 1st April.
Hirai will remain a significant figure at Sony, however, since he'll be moving over to the role of chairman; Kenichiro Yoshida, formerly chief financial officer, will take up the CEO position.
Of his decision to leave his post at the head of Sony, Hirai had the following to say:
"As the company approaches a crucial juncture, when we will embark on a new mid-range plan,...
The friendly face of Sony, Kaz Hirai's stepping down from his position as CEO in April...
Despite intense competition, and the odd setback along the way, Sony's PlayStation has continued to go from strength over the past five years. And one constant, since he became president and CEO in 2012, has been Kaz Hirai, a familiar and avuncular face at games events like E3.
Sony has now announced, however, that Hirai's reign is almost over - he'll step down from his position on the 1st April.
Hirai will remain a significant figure at Sony, however, since he'll be moving over to the role of chairman; Kenichiro Yoshida, formerly chief financial officer, will take up the CEO position.
Of his decision to leave his post at the head of Sony, Hirai had the following to say:
"As the company approaches a crucial juncture, when we will embark on a new mid-range plan,...
- 2/2/2018
- Den of Geek
Kaz Hirai, President and CEO of Sony since 2012, is resigning his post and will be replaced by Sony CFO Kenichiro Yoshida, the company announced Thursday night. Yoshida will assume his new role effective April 1. Hirai will transition to a chairman emeritus position. The 57-year-old Hirai presided over Sony Entertainment CEO Michael Lynton in 2014, when the company suffered the worst cyberattack in U.S. corporate history — a hacking scandal that saw thousands of personnel records and damaging emails from executives released. Also Read: Sony Pictures CEO Admits Need to Grow Studio Amid 'Floodgates' of Big Media Mergers It’s unclear what immediate...
- 2/2/2018
- by Matt Donnelly and Ross A. Lincoln
- The Wrap
Sony Corp. on Tuesday reported operating income of $1.8 billion (¥204 billion) for the July to September quarter, up 346 percent from the same period last year. Sales grew 22 percent to $18.25 billion (¥2.1 trillion), thanks to a strong performance in the games division and the weakening of the Japanese yen against the dollar and euro.
The conglomerate, led by CEO Kaz Hirai, raised its full-year profit forecast more than 20 percent to a record $5.6 billion (¥630 billion).
Sony's film unit contributed $68 million (¥7.7 billion) to quarterly earnings, up from $32 million last year, thanks to the...
The conglomerate, led by CEO Kaz Hirai, raised its full-year profit forecast more than 20 percent to a record $5.6 billion (¥630 billion).
Sony's film unit contributed $68 million (¥7.7 billion) to quarterly earnings, up from $32 million last year, thanks to the...
- 10/29/2017
- by Gavin J. Blair
- The Hollywood Reporter - Movie News
Sony Corp. stock has been hitting nine-year highs as of late, reaching its highest prices of the tenure of CEO Kaz Hirai.
The return to profitability of its electronics business, the confidence-boosting box-office performance of Spider-Man: Homecoming and continued strong sales of the PlayStation 4 (PS4) have all boosted investor sentiment.
The electronics and entertainment conglomerate's stock closed down slightly in Tokyo on Friday at ¥4,533 ($40.82), having on Thursday recorded its highest level since the global financial crisis in 2008. The stock is up 38 percent this year.
When Hirai took the helm in April 2012, Sony shares...
The return to profitability of its electronics business, the confidence-boosting box-office performance of Spider-Man: Homecoming and continued strong sales of the PlayStation 4 (PS4) have all boosted investor sentiment.
The electronics and entertainment conglomerate's stock closed down slightly in Tokyo on Friday at ¥4,533 ($40.82), having on Thursday recorded its highest level since the global financial crisis in 2008. The stock is up 38 percent this year.
When Hirai took the helm in April 2012, Sony shares...
- 7/26/2017
- by Gavin J. Blair
- The Hollywood Reporter - Movie News
Sony employees were invited into Sony’s Calley Park at noon today for the introduction of their new boss Tony Vinciquerra, who is taking the reins from Michael Lynton as Chairman and CEO of Sony Pictures Entertainment. The park was packed as Sony’s Kaz Hirai said how happy he was that Vinciquerra had accepted the job and how their business ideas aligned. The president and CEO also sent a strong message to his employees: Sony is not for sale. “I will seriously put a sign…...
- 5/15/2017
- Deadline
May 11 appointment of Tony Vinciquerra as its chairman and CEO: Will the longtime Rupert Murdoch associate and Fox TV executive slash personnel and expenses? Will he cut loose former Fox colleague Tom Rothman, the polarizing head of Sony's struggling movie division? And, perhaps the biggest: Is his job ultimately to prepare the studio for a sale?
Sony Corp. CEO Kazuo Hirai might have hoped to put an end to such questions by naming Vinciquerra, 62, to replace Michael Lynton when the latter departs June 1. (Vinciquerra will...
Sony Corp. CEO Kazuo Hirai might have hoped to put an end to such questions by naming Vinciquerra, 62, to replace Michael Lynton when the latter departs June 1. (Vinciquerra will...
- 5/13/2017
- by Gregg Kilday
- The Hollywood Reporter - Movie News
Executive replaces Michael Lynton.
Anthony Vinciquerra will become chairman and CEO of Sony Pictures Entertainment (Spe) on June 1.
Vinciquerra reports to Sony Corporation president and CEO Kazuo Hirai, and replaces Michael Lynton, who announced in January that he would step down this spring to become chairman of Snapchat owner Snap Inc.
The new hire currently serves as senior advisor to Texas Pacific Group in the technology, media and telecom sectors, where he has focused on investment opportunities and digital and emerging technologies.
Prior to that Vinciquerra spent close to a decade at Fox where he served as chairman and CEO of Fox Networks Group. Before that he was an executive at Hearst Corporations broadcasting group and CBS’s television group.
Vinciquerra will oversee the studio’s corporate groups and its lines of business: Spe’s Motion Picture Group, Sony Pictures Television, and Spe’s Worldwide Media Networks division.
“Tony is a proven, results-oriented leader...
Anthony Vinciquerra will become chairman and CEO of Sony Pictures Entertainment (Spe) on June 1.
Vinciquerra reports to Sony Corporation president and CEO Kazuo Hirai, and replaces Michael Lynton, who announced in January that he would step down this spring to become chairman of Snapchat owner Snap Inc.
The new hire currently serves as senior advisor to Texas Pacific Group in the technology, media and telecom sectors, where he has focused on investment opportunities and digital and emerging technologies.
Prior to that Vinciquerra spent close to a decade at Fox where he served as chairman and CEO of Fox Networks Group. Before that he was an executive at Hearst Corporations broadcasting group and CBS’s television group.
Vinciquerra will oversee the studio’s corporate groups and its lines of business: Spe’s Motion Picture Group, Sony Pictures Television, and Spe’s Worldwide Media Networks division.
“Tony is a proven, results-oriented leader...
- 5/11/2017
- by jeremykay67@gmail.com (Jeremy Kay)
- ScreenDaily
Tony Vinciquerra will replace Michael Lynton as the Chairman and CEO of Sony Pictures Entertainment, the studio announced Thursday. One individual familiar with the negotiations said the deal was closed last week. Like Lynton, Vinciquerra will report to Sony Corp. President and CEO Kazuo Hirai. Lynton announced in January that he would step down from the position this spring. Vinciquerra will oversee the studio’s corporate groups and its lines of businesses, including Spe’s Motion Picture Group, Sony Pictures Television and Spe’s Worldwide Media Networks division. Also Read: Former Sony Boss Michael Lynton Made $73 Million Today on Snap Ipo Vinciquerra currently serves as.
- 5/11/2017
- by Beatrice Verhoeven
- The Wrap
Exclusive: Tony Vinciquerra, who Deadline first reported was considered a leading candidate for the job, is in serious discussions with Sony to replace outgoing CEO Michael Lynton. Vinciquerra would come to Sony with a wealth of experience in television (broadcast and cable), media, technology and in the telecom industry from his time both in the industry and from a stint at Tpg Capital. He would, as Lynton did, report to Sony Corp president and CEO Kazuo Hirai. The job…...
- 5/8/2017
- Deadline
Sony Corp. CEO Kazuo Hirai has been criss-crossing the Pacific in recent months, making frequent visits to its Culver City, California, lot as the venerable film studio searches for a successor to outgoing Sony Entertainment CEO Michael Lynton. And that’s a priority since a weak fourth quarter — and year — from the company’s studio weighed down its most recent earnings report. Late Thursday night Los Angeles time, Sony reported revenue of $17 billion and earnings of 19 cents a share for the three months ended March 31, which the company classifies as its fiscal fourth quarter. For the full year, the Japanese conglomerate.
- 4/28/2017
- by Matt Pressberg
- The Wrap
Sony has been through the grinder lately, and Sony Corp president/CEO Kazuo Hirai and outgoing Sony Entertainment CEO Michael Lynton gave an informational meeting that amounted to a pep talk about 135 senior executives today. The meeting was held late morning in the Akio Morita Building. Despite the fiscal woes and recent impairment writedown, Hirai said in no uncertain terms that the studio is not for sale. He joked that he might well hang a banner on the water tower…...
- 2/3/2017
- Deadline TV
Sony has been through the grinder lately, and Sony Corp president/CEO Kazuo Hirai and outgoing Sony Entertainment CEO Michael Lynton gave an informational meeting that amounted to a pep talk about 135 senior executives today. The meeting was held late morning in the Akio Morita Building. Despite the fiscal woes and recent impairment writedown, Hirai said in no uncertain terms that the studio is not for sale. He joked that he might well hang a banner on the water tower…...
- 2/3/2017
- Deadline
Sony Corp. CEO Kazuo Hirai held several meetings with top level executives at the company’s Culver City studio lot on Thursday in a bid to assuage worried employees in the wake of a nearly $1 billion loss, the hunt for new leadership and speculation about a possible sale.
The Tokyo-based executive, who arrived in the U.S. on Wednesday and plans to stay a few more days, met with about 100 film, television and music employees, according to people who were present but could not speak publicly. Hirai, flanked by outgoing Sony Entertainment CEO Michael Lynton, also addressed talk...
The Tokyo-based executive, who arrived in the U.S. on Wednesday and plans to stay a few more days, met with about 100 film, television and music employees, according to people who were present but could not speak publicly. Hirai, flanked by outgoing Sony Entertainment CEO Michael Lynton, also addressed talk...
- 2/2/2017
- by Joe Bel Bruno
- The Hollywood Reporter - Movie News
Sony Corp is due to announce its Q3 earnings on Thursday this week, but ahead of that the company said today it is taking a goodwill impairment charge for the Pictures division of 112.1B yen ($962M). This is being recorded as an operating loss in the third quarter ending December 31, 2016 as a result of revising the future profitability projection for the studio’s motion pictures business. Shortly after this morning’s filing, Sony Corp CEO Kazuo Hirai and outgoing Sony Ent…...
- 1/30/2017
- Deadline
When it comes to box-office results, last year wasn't good for Sony Pictures Entertainment. The expected hits, like the Ghostbusters remake and Passengers underperformed, and the biggest Sony film of 2016 was The Angry Birds Movie, which earned almost $350 million worldwide. Overall, Sony Pictures ended up with an 8% market share (less than 1/3 of Disney's total) and nearly a 6% drop from the 2015. The lack of big financial hits, many successes of the rest of Sony's divisions (PlayStation, Sony Music) and the recent departure of Sony Entertainment CEO, Michael Lynton (no announcement on his replacement has been made yet) are definitely not helping to improve the situation. According to The New York Post, the situation is so bad, that bank agents have recently visited Tokyo to advise on selling some of Sony Entertainment's properties. CEO of CBS, Lesile Moonves and unknown Chinese investors have expressed interest in buying both Columbia and the TV division,...
- 1/21/2017
- ComicBookMovie.com
News of the first major studio departure of the year came on Friday as Sony’s corporate executive officer and CEO of Sony Entertainment announced his exit.
Lynton will officially step down on February 2 as he prepares to become chairman of Snap Inc, owner of Snapchat, the social media platform in which he has been an early investor.
The executive, who has served 13 years at Sony and oversaw the studio as it took a battering during the 2014 hacking scandal, will stay on at the studio for six months to ensure a smooth transition, serving as co-ceo of Sony Entertainment, overseeing the film and music businesses, and as CEO of Sony Pictures Entertainment and Sony Corporation of America.
Lynton will work with Sony Corporation president and CEO Kazuo Hirai to find a replacement as Hirai takes on the additional title of chairman and co-ceo of Sony Entertainment.
Hirai will take a second office at the studio’s Los Angeles...
Lynton will officially step down on February 2 as he prepares to become chairman of Snap Inc, owner of Snapchat, the social media platform in which he has been an early investor.
The executive, who has served 13 years at Sony and oversaw the studio as it took a battering during the 2014 hacking scandal, will stay on at the studio for six months to ensure a smooth transition, serving as co-ceo of Sony Entertainment, overseeing the film and music businesses, and as CEO of Sony Pictures Entertainment and Sony Corporation of America.
Lynton will work with Sony Corporation president and CEO Kazuo Hirai to find a replacement as Hirai takes on the additional title of chairman and co-ceo of Sony Entertainment.
Hirai will take a second office at the studio’s Los Angeles...
- 1/14/2017
- by jeremykay67@gmail.com (Jeremy Kay)
- ScreenDaily
News of the first major studio departure of the year came on Friday as Sony’s corporate executive officer and CEO of Sony Entertainment announced his exit.
Lynton will officially step down on February 2 as he prepares to become chairman of Snap Inc, owner of Snapchat, the social media platform in which he has been an early investor.
The executive, who has served 13 years at Sony and oversaw the studio as it took a battering during the 2014 hacking scandal, will stay on at the studio for six months to ensure a smooth transition, serving as co-ceo of Sony Entertainment, overseeing the film and music businesses, and as CEO of Sony Pictures Entertainment and Sony Corporation of America.
Lynton will work with Sony Corporation president and CEO Kazuo Hirai to find a replacement as Hirai takes on the additional title of chairman and co-ceo of Sony Entertainment.
Hirai will take a second office at the studio’s Los Angeles...
Lynton will officially step down on February 2 as he prepares to become chairman of Snap Inc, owner of Snapchat, the social media platform in which he has been an early investor.
The executive, who has served 13 years at Sony and oversaw the studio as it took a battering during the 2014 hacking scandal, will stay on at the studio for six months to ensure a smooth transition, serving as co-ceo of Sony Entertainment, overseeing the film and music businesses, and as CEO of Sony Pictures Entertainment and Sony Corporation of America.
Lynton will work with Sony Corporation president and CEO Kazuo Hirai to find a replacement as Hirai takes on the additional title of chairman and co-ceo of Sony Entertainment.
Hirai will take a second office at the studio’s Los Angeles...
- 1/14/2017
- by jeremykay67@gmail.com (Jeremy Kay)
- ScreenDaily
Tokyo-based Sony Corporation President and CEO Kazuo Hirai is now overseeing the company’s entertainment assets, now that Sony Entertainment CEO Michael Lynton has stepped down to become chairman of Snap Inc. Hirai — who now plans to take a second office at Sony’s Culver City, California studio — might need to spend plenty of time on the other side of the Pacific in order to help rebuild an executive team that has been dramatically thinned out in recent years. He will also need to bolster a future film slate that is absent of too many sure things. Lynton’s surprise...
- 1/14/2017
- by Matt Pressberg
- The Wrap
Simon Brew Jan 4, 2017
Andrew Garfield on the rumour that a dispute with Sony bosses led to him being removed as Spider-Man, following The Amazing Spider-Man 2.
More and more little details continue to drip out surrounding Andrew Garfield’s departure from the role of Spider-Man. In spite of the fact that Sony had announced release dates for The Amazing Spider-Man 3 and The Amazing Spider-Man 4, it went on to pull the plug on the series after the second movie failed to fully ignite the box office. Garfield was duly dropped as the incumbent webslinger, and with Marvel coming on board too, Tom Holland was duly cast in the role. Holland, of course, debuted his Spider-Man in last year’s Captain America: Civil War.
See related Revisiting Robin Hood: Prince Of Thieves at 25 Kevin Reynolds: The Den Of Geek interview
There had been rumours from 2015 that suggested Garfield had in fact...
Andrew Garfield on the rumour that a dispute with Sony bosses led to him being removed as Spider-Man, following The Amazing Spider-Man 2.
More and more little details continue to drip out surrounding Andrew Garfield’s departure from the role of Spider-Man. In spite of the fact that Sony had announced release dates for The Amazing Spider-Man 3 and The Amazing Spider-Man 4, it went on to pull the plug on the series after the second movie failed to fully ignite the box office. Garfield was duly dropped as the incumbent webslinger, and with Marvel coming on board too, Tom Holland was duly cast in the role. Holland, of course, debuted his Spider-Man in last year’s Captain America: Civil War.
See related Revisiting Robin Hood: Prince Of Thieves at 25 Kevin Reynolds: The Den Of Geek interview
There had been rumours from 2015 that suggested Garfield had in fact...
- 1/4/2017
- Den of Geek
Around the time the "Sony Hack" emails found their way online, we heard that a big part of Sony's decision to partner with Marvel for a Spider-Man reboot was the fact that company head Kaz Hirai wanted Andrew Garfield gone. That reportedly stemmed from the British actor failing to appear at an event he was holding, an event which would have seen Hirai announce The Amazing Spider-Man 3! So, is there any truth to that? You'll have to ask Hirai, but in an interview with The Guardian, Garfield was asked about possibly being "let go" for missing that event in Brazil and whether he skipped that in the hope of getting fired (after all, he's made no secret of his disappointment with the franchise). "No, I don’t think so," Garfield laughed when it was put to him that he may have been a no-show to self-sabotage himself. "What I...
- 1/2/2017
- ComicBookMovie.com
Sony Corp. on Tuesday reported a drop in income and sales for its fiscal second quarter ended Sept. 30, negatively impacted by the strengthening of the Japanese yen, despite the profit at its film unit. The conglomerate, led by CEO Kaz Hirai, said its quarterly operating income came to $453 million (¥45.7 billion), down 48 percent on the same quarter of 2015. Net income reached $48 million (¥4.8 billion), compared to $280 million (¥33.6 billion) in the same period last year. The Japanese yen strengthened about 20 percent against the dollar and the euro over the past
read more...
read more...
- 10/31/2016
- by Gavin J. Blair
- The Hollywood Reporter - Movie News
Update: Andrew Davies tribute, Beta, Studiocanal deals; The Halcyon, Mata Hari set the tone for market awash with high-end drama.
Mipcom got off to a glamourous start this year with world premiere screenings of Sony Pictures Television’s The Halcyon followed by Julius Berg’s Mata Hari starring Vahina Giocante, Rutger Hauer and Christopher Lambert on Sunday.
These two premieres, on the eve of Mipcom’s official opening, set the tone for a market that will be more awash than ever with high-end dramas.
In the backdrop, one of the talking points is which platforms these series will be distributed on as part of Mipcom’s overall theme of “New Television”.
Sony Corporation president and CEO Kazuo Hirai, who kicked off Mipcom’s conference programme on Monday, said content and delivery were two sides of the same coin when it came to getting viewers to pay for they were watching.
“Consumers are willing...
Mipcom got off to a glamourous start this year with world premiere screenings of Sony Pictures Television’s The Halcyon followed by Julius Berg’s Mata Hari starring Vahina Giocante, Rutger Hauer and Christopher Lambert on Sunday.
These two premieres, on the eve of Mipcom’s official opening, set the tone for a market that will be more awash than ever with high-end dramas.
In the backdrop, one of the talking points is which platforms these series will be distributed on as part of Mipcom’s overall theme of “New Television”.
Sony Corporation president and CEO Kazuo Hirai, who kicked off Mipcom’s conference programme on Monday, said content and delivery were two sides of the same coin when it came to getting viewers to pay for they were watching.
“Consumers are willing...
- 10/17/2016
- ScreenDaily
The Halcyon, Mata Hari set the tone for market awash with high-end drama.
Mipcom got off to a glamourous start this year with world premiere screenings of Sony Pictures Television’s The Halcyon followed by Julius Berg’s Mata Hari starring Vahina Giocante, Rutger Hauer and Christopher Lambert on Sunday.
These two premieres, on the eve of Mipcom’s official opening, set the tone for a market that will be more awash than ever with high-end dramas.
In the backdrop, one of the talking points is which platforms these series will be distributed on as part of Mipcom’s overall theme of “New Television”.
Sony Corporation president and CEO Kazuo Hirai, who kicked off Mipcom’s conference programme on Monday, said content and delivery were two sides of the same coin when it came to getting viewers to pay for they were watching.
“Consumers are willing to pay for content that they want and they desire when it...
Mipcom got off to a glamourous start this year with world premiere screenings of Sony Pictures Television’s The Halcyon followed by Julius Berg’s Mata Hari starring Vahina Giocante, Rutger Hauer and Christopher Lambert on Sunday.
These two premieres, on the eve of Mipcom’s official opening, set the tone for a market that will be more awash than ever with high-end dramas.
In the backdrop, one of the talking points is which platforms these series will be distributed on as part of Mipcom’s overall theme of “New Television”.
Sony Corporation president and CEO Kazuo Hirai, who kicked off Mipcom’s conference programme on Monday, said content and delivery were two sides of the same coin when it came to getting viewers to pay for they were watching.
“Consumers are willing to pay for content that they want and they desire when it...
- 10/17/2016
- ScreenDaily
Don't tell Sony Corp. CEO Kazuo Hirai that peak TV means the golden age of the medium is close to ending. "There's more good television programming than ever before in history," the Japanese entertainment and electronics conglomerate's boss told the Mipcom audience in Cannes during his opening keynote address on Monday. But consumer viewing habits are rapidly changing, Hirai conceded, leading Sony Corp. to unleash what he called "kando," or a wow factor that has the power to stimulate an emotional response in audiences to content. "Kando means emotional involvement and moving people emotionally. We are always thinking
read more...
read more...
- 10/17/2016
- by Etan Vlessing
- The Hollywood Reporter - Movie News
It's been a good three decades since audiences first saw the original Ghostbusters on the big screen, and while the film did have a sequel and cartoon spinoff, there hasn't been a film since that's been able to capture the spirit of the original. Sony hopes to do so with the upcoming Paul Feig-directed film, which stars Kristen Wiig, Melissa McCarthy, Leslie Jones, and Kate McKinnon as the all-female Ghostbusters team.
The first trailer certainly didn't do a lot to excite fans, and it seems safe to say that Sony is fighting an uphill battle with this one. With a property so precious as Ghostbusters, they're going to have to get a lot of things right in order to sway fans.
Today, Sony doesn't bring us another trailer, but rather a fake commercial for the proton pack, the device the Ghostbusters use to capture their targets in the films.
The first trailer certainly didn't do a lot to excite fans, and it seems safe to say that Sony is fighting an uphill battle with this one. With a property so precious as Ghostbusters, they're going to have to get a lot of things right in order to sway fans.
Today, Sony doesn't bring us another trailer, but rather a fake commercial for the proton pack, the device the Ghostbusters use to capture their targets in the films.
- 4/1/2016
- by Joseph Medina
- LRMonline.com
Nicole Seligman, who has held dual roles as president of both Sony Entertainment and Sony Corp. of America, is stepping down from those posts, The Hollywood Reporter has confirmed. A Sony veteran, Seligman was serving as president of the Sony Corp. of America when she was asked in May 2014 to add the newly created position of president of Sony Entertainment to her portfolio. While assisting in the transition, she plans to leave Sony by the end of March. Seligman, who has been reporting to both Sony chief executive Kazuo Hirai and Sony Entertainment CEO Michael Lynton, is said by studio
read more...
read more...
- 2/19/2016
- by Gregg Kilday
- The Hollywood Reporter - Movie News
Nicole Seligman has resigned her post as president of both Sony Entertainment and Sony Corporation of America. Seligman reported to Sony Entertainment CEO Michael Lynton and Sony CEO Kazuo Hirai in her respective positions. She’ll vacate the job as early as March. “I’ll really miss the great people at Sony, but I’m excited and eager to explore new opportunities,” Seligman said in a statement. “I’ve been fortunate to have two deeply rewarding 15 year runs, first in private law practice and then in a variety of roles with Sony, and now, with the move close to completion,...
- 2/19/2016
- by Matt Donnelly
- The Wrap
Sony’s not wasting any time in making sure it has plenty of software ready to go when PlayStation Vr launches later this year. In an interview published earlier today by the BBC, PlayStation Vr’s CEO Kaz Hirai told the broadcaster that over 100 games are currently in the works for the fledgling technology, and that a whopping 200 developers have signed on to develop for the new device.
With virtual reality now, basically, the official new “Next Big Thing,” Hirai said of the huge developer enthusiasm for the tech that it’s “a testament to the kind of support that we’re getting from the content creation community on PlayStation Vr. I think that we have a lot of good support and it’ll be a good product coming out later this year.”
But Sony has no plans to stop there, oh no. Their plans are much bigger than just video games.
With virtual reality now, basically, the official new “Next Big Thing,” Hirai said of the huge developer enthusiasm for the tech that it’s “a testament to the kind of support that we’re getting from the content creation community on PlayStation Vr. I think that we have a lot of good support and it’ll be a good product coming out later this year.”
But Sony has no plans to stop there, oh no. Their plans are much bigger than just video games.
- 1/7/2016
- by Joe Pring
- We Got This Covered
Sony Corp. on Thursday reported improved financials for its fiscal second quarter, ended September 30, despite losses at its film unit. The conglomerate, led by CEO Kaz Hirai, said operating income was $733 million (¥88 billion), while sales were almost flat at $15.8 billion. Sony posted a loss in the same quarter last year. Net income for Sony Corp. was $280 million (¥33.6 billion) compared to a net loss of ¥136 billion in the same period in 2014. Film unit operating income fell into the red to the tune of $187 million (¥22.5 billion), compared to a
read more...
read more...
- 10/29/2015
- by Gavin J. Blair
- The Hollywood Reporter - Movie News
"Sony Hack" emails revealed that Andrew Garfield probably wasn't going to be asked back for The Amazing Spider-Man 3 after snubbing Sony chief Kaz Hirai at a dinner in his honour, while Marvel never had any interest in adding the British actor to their Cinematic Universe. To find out that he'd been unceremoniously dumped from the franchise must have hurt (especially as The Amazing Spider-Man 2 was obviously setting up future movies), but Garfield is taking it all in his stride. "It's a mixed bag and it's a blessing," he told E! Online in a recent interview. "I got to do it twice. I got to meet incredible artists. I got to have a wild experience and now I get to let it go, which is actually a really lovely thing. I'm very kind of at peace with it. It ran its course." Whether he'll ever express his less diplomatic thoughts...
- 8/14/2015
- ComicBookMovie.com
Sony Corp. on Thursday reported improved financials for its fiscal first quarter ended June 30 despite losses at its film unit. The conglomerate, led by CEO Kaz Hirai, said operating income rose 39 percent to $794 million (96.9 billion yen), while sales were almost flat at $14.8 billion. Net income more than tripled to $676 million (¥82.4 billion) as the weaker yen helped the bottom line at the entertainment to electronics group. Film unit operating income fell into the red to the tune of $96 million, compared to a surplus of $78 million in April
read more...
read more...
- 7/29/2015
- by Gavin J. Blair
- The Hollywood Reporter - Movie News
Sony Corp. is to raise around $3.6 billion (¥440 billion) through an issue of new stocks and bonds on Japanese and international capital markets in order to strengthen its financial base and invest in growth business sectors, the company announced Tuesday. The entertainment to electronics conglomerate is to sell up to 92 million new shares in Japan and overseas, as well as approximately $1 billion (¥120 billion) worth of bonds in Japan only. The stock offering is set for Aug. 17, with the exact price to be determined closer to then. Read More Sony CEO Kazuo Hirai's Annual Salary
read more...
read more...
- 6/30/2015
- by Gavin J. Blair
- The Hollywood Reporter - Movie News
It's been 20 Years of E3 and we'd like to take a moment, here at Cinelinx, to go over our favorite E3 memories over the last 20 years.
The Electronics Entertainment Expo has always been the premiere convention for all the newest games and technology. Year by year, gaming companies large and small journey to the mecca of gaming to show off their hard work and get the public excited for what they have to offer. You could call this the gaming world’s Super Bowl. As we prepare for E3 2015, it looks to be filled with exciting announcements and epic reveals. However, there is something special about E3 2015. This year marks exactly 20 years since the introduction of the event (though it’s on the 21st show), and we thought we’d take a moment to look back at our favorite memories of the event over those two decades.
Dustin – I personally...
The Electronics Entertainment Expo has always been the premiere convention for all the newest games and technology. Year by year, gaming companies large and small journey to the mecca of gaming to show off their hard work and get the public excited for what they have to offer. You could call this the gaming world’s Super Bowl. As we prepare for E3 2015, it looks to be filled with exciting announcements and epic reveals. However, there is something special about E3 2015. This year marks exactly 20 years since the introduction of the event (though it’s on the 21st show), and we thought we’d take a moment to look back at our favorite memories of the event over those two decades.
Dustin – I personally...
- 6/12/2015
- by feeds@cinelinx.com (Matt Malliaros)
- Cinelinx
Sony have recently revealed figures showing that their flagship console, the Playstation 4, had sold over 22.3 million units by the end of March. These numbers come alongside news that a total of 14.8 million units were sold worldwide since the end of the last financial year.
Obviously, Playstation 4 has played a huge role in the profit accumulated by Sony’s gaming department in the past twelve months, a profit which adds up to a solid $404 million. Understandably, Sony are expecting to see these figures increase, predicting another 16 million Playstation 4 units to fly off shelves in the next twelve months. Alongside the increased console sales, the company has also enjoyed a boom in network and software based revenue.
Despite this added growth in software and network sales, Sony experienced a sharp drop in revenue from their portable gaming systems, namely the Playstation Vita and Playstation TV, tumbling down from a healthy $4.1 million last year to $3.3 million this year.
Obviously, Playstation 4 has played a huge role in the profit accumulated by Sony’s gaming department in the past twelve months, a profit which adds up to a solid $404 million. Understandably, Sony are expecting to see these figures increase, predicting another 16 million Playstation 4 units to fly off shelves in the next twelve months. Alongside the increased console sales, the company has also enjoyed a boom in network and software based revenue.
Despite this added growth in software and network sales, Sony experienced a sharp drop in revenue from their portable gaming systems, namely the Playstation Vita and Playstation TV, tumbling down from a healthy $4.1 million last year to $3.3 million this year.
- 4/30/2015
- by Alfie Nobes
- We Got This Covered
Sony laid out its mid-term corporate strategy for 2015-2017 this afternoon in Tokyo, setting a target of more than 10% return on equity, and operating income of over 500B yen ($4.2B) for the fiscal year 2017. This is chief executive Kazuo Hirai's second mid-term plan since he took over in 2012 and includes an emphasis on profitability rather than volume, and greater autonomy in the business units. The Pictures division has been placed in the growth driver column, along…...
- 2/18/2015
- Deadline
Sony laid out its mid-term corporate strategy for 2015-2017 this afternoon in Tokyo, setting a target of more than 10% return on equity, and operating income of over 500B yen ($4.2B) for the fiscal year 2017. This is chief executive Kazuo Hirai's second mid-term plan since he took over in 2012 and includes an emphasis on profitability rather than volume, and greater autonomy in the business units. The Pictures division has been placed in the growth driver column, along…...
- 2/18/2015
- Deadline TV
Sony Corp. said Wednesday that its film unit, music, games and devices businesses will be key drivers of its profitability for the next three years. The focus on the entertainment businesses to drive financial growth was among the announcements as the conglomerate unveiled its strategy over the next three years in Tokyo. Sony CEO Kaz Hirai said the company would target annual operating income of $4.2 billion (¥500 billion) by 2017 as he outlined a further reorganization of Sony's electronics business into separate divisions. "We will work on improved profit margins in the movie business, as well as bolstering
read more...
read more...
- 2/18/2015
- by Gavin J. Blair
- The Hollywood Reporter - Movie News
This story first appeared in the Feb. 20 issue of The Hollywood Reporter magazine. With Amy Pascal's resignation Feb. 5 as co-chairman of Sony Pictures, the spotlight inevitably shifts to her boss, Sony Entertainment CEO Michael Lynton. Less than two years after he re-upped his contract for an unspecified duration (and an annual salary of $3 million, plus big bonuses), questions linger about his and the company's future and his plans for its revitalization after the devastating hack — especially because some wonder why Pascal was shown the door while Lynton remains. Lynton and Sony Corp. CEO Kazuo Hirai
read more...
read more...
- 2/10/2015
- by Stephen Galloway, Paul Bond
- The Hollywood Reporter - Movie News
There’s more at play to Amy Pascal’s swift exit from Sony than simple dissatisfaction on the part of her Japanese bosses: There’s outright fury. Under normal circumstances, Sony Corp. might have waited for her to have a full-blown hit or at the very least a prestige production before announcing her departure. For Pascal to be pushed out as the studio’s co-chairman Thursday morning, just two months after word surfaced that Sony computers had been hacked by North Korea, indicates serious anger — and possibly an attempt by Sony Corp. CEO Kazuo Hirai to shore up his own position.
read more...
read more...
- 2/6/2015
- by Stephen Galloway
- The Hollywood Reporter - Movie News
Amy Pascal, the Sony exec whose emails were made public as part of a hacking scandal at the studio, is to leave her co-chairman position to launch a new production venture at the studio.
Pascal will “transition” to the new role in May 2015, according to a statement from the Us studio.
Her new company will focus on film, television and theatre.
As part of a four-year agreement, Sony Pictures will finance the venture and retain all distribution rights worldwide to films financed. Her company will be based on the Sony Pictures lot.
Pascal was caught up in a scandal last November when hackers released Sony executives’ e-mails, including racial remarks about President Barack Obama’s taste in films in messages between Pascal and producer Scott Rudin. Both have since issued public apologies.
The hackers, linked to North Korea according to the FBI, were trying to stop the release of Seth Rogan comedy The Interview, about a plot...
Pascal will “transition” to the new role in May 2015, according to a statement from the Us studio.
Her new company will focus on film, television and theatre.
As part of a four-year agreement, Sony Pictures will finance the venture and retain all distribution rights worldwide to films financed. Her company will be based on the Sony Pictures lot.
Pascal was caught up in a scandal last November when hackers released Sony executives’ e-mails, including racial remarks about President Barack Obama’s taste in films in messages between Pascal and producer Scott Rudin. Both have since issued public apologies.
The hackers, linked to North Korea according to the FBI, were trying to stop the release of Seth Rogan comedy The Interview, about a plot...
- 2/5/2015
- by michael.rosser@screendaily.com (Michael Rosser)
- ScreenDaily
Sony Reports Stronger-Than-Expected Third Quarter, Says Hack Attack Will Not Affect Return To Profit
Sony downplayed the long-term impact of the devastating hack attack against its film division as the Japanese giant trimmed its loss forecast to $1.4 billion, boosted by higher-than-expected sales of its image sensors and PlayStation video game consoles.
Sony Pictures benefited from a weakening Yen to show a provisional profit of $20 million (24.3 billion Yen) for the fiscal third quarter ended December, despite the hack attack. However, the studio also saw a 90 percent fall in operating income compared to the same period in 2013 due to the hacking and lower theatrical revenue. The cyberattack against the studio is also expected to cost Sony in the region of $15 million “in investigation and remediation costs,” according to the interim report.
“We don’t think the leaking of unreleased films online or the damage to the It systems will cause a significant loss,” said Sony VP Kazuhiko Takeda. “We had insurance against cyberattacks, and will be...
Sony Pictures benefited from a weakening Yen to show a provisional profit of $20 million (24.3 billion Yen) for the fiscal third quarter ended December, despite the hack attack. However, the studio also saw a 90 percent fall in operating income compared to the same period in 2013 due to the hacking and lower theatrical revenue. The cyberattack against the studio is also expected to cost Sony in the region of $15 million “in investigation and remediation costs,” according to the interim report.
“We don’t think the leaking of unreleased films online or the damage to the It systems will cause a significant loss,” said Sony VP Kazuhiko Takeda. “We had insurance against cyberattacks, and will be...
- 2/4/2015
- by Ali Jaafar
- Deadline
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.