[ Skydance and Paramount are deep into hashing out a complicated deal that would see the David Ellison’s studio and its backers take control of the storied film and television company owned by Shari Redstone. The exclusive month-long negotiating period through May 3 is likely to be extended perhaps by a few weeks, Deadline hears, … Read more
[ Paramount Global shares jumped 13% Friday as investors cheered news that Sony Pictures Entertainment is talking with Apollo Global Management about joining Apollo’s bid for Paramount. The beleaguered stock ended the day at $12.44 after registering more than twice its normal trading volume. Shares reached their highest point since February, offering fresh evidence that … Read more
[ Three years after arriving to Sony Pictures, Ravi Ahuja, has been named President and Chief Operating Officer of Sony Pictures Entertainment, effective April 1. The executive, who is currently Chairman, Global Television Studios and Corporate Development is being promoted to a position that hasn’t been previously filled. While Sony Pictures Entertainment didn’t comment … Read more
[ Sony Pictures Entertainment’s Chief Communications Officer Robert Lawson is being upped to SVP, Corporate Communications for the entire Sony Group. The new job will bring Lawson, a nine-year vet of the Culver City lot who was a key consigliere during the 2014 cyber-attack, to Sony HQ in Tokyo, Japan, reporting to Sony Group Corp … Read more
[ Disney has reached a licensing deal with Sony under which the latter’s home entertainment division will handle all Disney releases on DVD and Blu-ray as well as all physical media production. It’s the latest sign of the decline of the physical disc trade. Netflix last fall unplugged its foundational disc-by-mail service and revenue from … Read more
[ EXCLUSIVE: In a move that ought to make fans of The Beatles twist and shout, Sony Pictures Entertainment and Oscar-winning filmmaker Sam Mendes and his Neal Street Productions have set plans to make four separate theatrical films, one on each of the members of music’s most famous and enduring band. Mendes will direct all … Read more
[ Refresh for latest…: Sony Pictures Entertainment recorded profits of $281 million for the third-quarter of fiscal year 2023, a 57% hike versus the comparable period in 2022. Revenues were also up 5% to $2.473 billion. Announcing earnings in Tokyo this morning for the three months ended December 31, 2023, Sony Group Corporation attributed the … Read more
[ After a 28-year run at Sony Pictures, the studio’s SEVP & General Counsel Leah Weil is departing the studio. Weil, the studio’s most senior legal advisor to its CEOs and Sony Group leaders, has guided the Culver City lot through several opportunities, from the restructure of the Mandalay Pictures deal in the 1990s to … Read more
[ Tributes continue to pour in after the death this week of 101-year-old television pioneer Norman Lear. Amid the celebration of and reflection on his towering legacy, a present-day realization has dawned about Lear’s singular catalog, which includes shows like All in the Family, The Jeffersons and Maude. With the exception of Sanford & Son … Read more
