Sony Pictures

Sony Pictures Entertainment, Inc.

Sony entertainment was founded in 1987 as Columbia Pictures Entertainment Inc, however was then renamed as Sony Pictures Entertainment in the year of 1991. The headquarters of Sony entertainment are situated in the United states in California. The main figures involved in this well-known and established, highly successful film production compant are the chairman Howard Stringer, President of Sony Corporation Michael Leyton, chairman and CEO Amy Pascal and the vice-chairman Jeff Blake.

▲US$8.58 billion (2007) Operating income

▲US$540 million (2007)
History

On September 28, 1989, Sony acquired the American film and television production company Columbia Pictures Entertainment, Inc. (Columbia Pictures, TriStar Pictures, etc.) from The Coca-Cola Company for US$3.4 billion. The company was renamed Sony Pictures Entertainment in 1991. One day later, Sony also acquired the Guber-Peters Entertainment Company for $200 million. Sony has since created numerous other film production and distribution units, such as creating Sony Pictures Classics for art-house fare, by forming Columbia TriStar Pictures (also known as the Columbia TriStar Motion Picture Group) by merging Columbia Pictures and TriStar Pictures in 1998, revitalizing Columbia's former television division Screen Gems, and expanded its growth on April 8, 2005, when a consortium led by Sony and its equity partners acquired the legendary Hollywood studio Metro-Goldwyn-Mayer in a deal worth nearly US$5 billion. On June 4, 2008, SPE's wholly-owned group 2JS Productions B.V. acquired Dutch production company 2waytraffic N.V., famous for Who Wants to Be a Millionaire? and You Are What You Eat for £114.3 million ($223.2 million in US dollars). Mario Gabelli, a veteran investor, said Paramount Pictures could merge with Sony Pictures Entertainment, Universal Studios or another movie studio, depending on the consolidation in the industry.

The Karate Kid: Four films including the television series The Karate Kid: The Animated Series. Spider-Man: Beginning with the 2002 film with two sequels including two series Spider-Man: The New Animated Series and The Spectacular Spider-Man in conjunction with Marvel Comics Stuart Little: Beginning with the 1999 film with two sequels and one television series Stuart Little: The Animated Series. Based on the novel by E. B. White. Wheel of Fortune: Created by Merv Griffin in 1975 and syndicated in September 1983 by King World (now CBS Television Distribution). Including spin-off Wheel 2000. Acquired in 1986 after acquiring Merv Griffin Enterprises. Jeopardy!: Created by Merv Griffin in 1964. Including spin-offs (Super Jeopardy!, Rock & Roll Jeopardy!, and Jep!). First syndicated in September 1983 until officially syndicated in September 1984 by King World (now CBS Television Distribution). Acquired in 1986 after acquiring Merv Griffin Enterprises. Men in Black: Starting with the 1997 film with a 2002 sequel including the cartoon Men in Black: The Series. Based on the Malibu comic created by Lowell Cunningham.

Columbia TriStar Motion Picture Group With a library of more than 4,000 films (including 12 Academy Award for Best Picture winners), as of 2004 this unit of Sony distributes about 22 films a year under its various studio brands in 67 countries. The group owns studio facilities in the United States, Hong Kong, Madrid, Mexico, the United Kingdom, Brazil and Japan. In addition to the below company-owned brands, Columbia TriStar also has a contract to distribute films for independent Revolution Studios and select films by MGM and United Artists. Columbia Pictures: Founded in 1924 by Harry Cohn, Sony acquired the studio in 1989 from The Coca-Cola Company for $3.4 billion.TriStar Pictures Formed in 1982 as a joint venture between Columbia Pictures, HBO, and CBS. Became part Columbia Pictures Entertainment in December 1987 and the Sony ownership in 1989. Was re-launched in 2004 as a marketing and acquisitions unit with a particular emphasis on genre films. Sony Pictures India, production house established by Sony to release Indian movies and distribute Hollywood movies, released under Columbia Pictures. Sony Pictures Classics (SPC): Specializes in acquiring distribution rights to independent and art films as well as producing lower-budget productions geared to limited audiences.

Screen Gems: Originally Columbia's animation division and later a television production company best known for TV's Bewitched and The Partridge Family, as well as bringing The Three Stooges short subjects to TV in 1958. Sony revived the Screen Gems brand to develop mid-priced movies (production budget of between $20 million and $50 million) in specific genres such as science fiction, horror, black cinema and franchise films. Triumph Films: The label Sony uses for its low-budget or direct to video films. Originally a joint venture between Columbia Pictures and Gaumont in 1982. Destination Films: A "niche" motion picture company purchased by Sony in 2001. Affirm Films: A motion picture label launched in 2008 to release gospel and Christian films. FEARnet A joint venture between SPE, Lions Gate Entertainment, and Comcast for horror, suspense, and thriller movies online.
Sony Pictures Home Entertainment: Manufactures and distributes the Sony film library on Blu-ray Disc, DVD, video cassette, and UMD forms to global markets.

Sony Pictures Television Group: (formerly Columbia TriStar Television Group) The successor-in-interest to Columbia's television division (first Screen Gems, later Columbia Pictures Television, Coca-Cola Television, TriStar Television (A division of Columbia Pictures Television), and Columbia TriStar Television), as of 2004 the unit was producing 60 titles for various television outlets globally. Contains a library that includes more than 35,000 episodes of more than 270 television series and 22,000 game show episodes under the Columbia TriStar Television brand, and the television rights to the Embassy Pictures library (including The Graduate and The Lion in Winter) and also the owner of the television division "Embassy Television"--among most recent notable shows in this library are Seinfeld, King of Queens, Days of our Lives and The Young and the Restless.

Crackle C-Spot:C-Spot is an internet television network of Sony Pictures. It hosts videos on Youtube, Crackle, and Hulu. The serials and shorts are produced for the channel or taken from other producers. One episode airs each day of the week and the budget for each episode is $10k.[citation needed] Merv Griffin Enterprises: Founded in 1964 by Merv Griffin as Merv Griffin Productions. He sold his company to The Coca-Cola Company in 1986 as Merv Griffin Enterprises. It is now a subsidiary of Sony Pictures Entertainment since 1991.
ELP Communications (ELPC) and Tandem Licensing Corporation (TLC): The two in-name only units of Sony Pictures Television own the productions' copyrights presented by Norman Lear's companies: Tandem Productions and ELP Communications (series from TAT to ELP Communications). The companies were formed by Bud Yorkin and Norman Lear in 1963 as Tandem Productions. Yorkin sold his shares to Lear in 1975. Lear sold Tandem/Embassy Television to The Coca-Cola Company in 1985 and later became Embassy Communications in 1986 (later became ELP Communications in 1988). ELPC and TLC are part of
Sony Pictures Television International: Formed in 1995 as the worldwide television distribution arm for Sony Pictures Entertainment. Formerly known as Columbia TriStar International Television from 1995-2002.

Animax: Instituted in Japan by Sony in 1998, Animax is the world's largest anime television network, with respective networks operating across Japan, East Asia, Southeast Asia, South Asia, South America and other regions.AXN: Formed in 1997, AXN is Sony's entertainment television network, which airs across Japan, Asia, Latin America and Europe. 2waytraffic Acquired by Sony in 2008, this television production company owns a number of formats, most notably including Who Wants To Be A Millionaire?.

Sony Pictures Entertainment (Japan) (SPEJ): The company plans, produces, manufactures, sells, imports, exports, leases, broadcasts and distributes movies, TV programs, videos and audio-visual software in Japan. The company web site says it was established on February 10, 1984, predating Sony's acquisition of Columbia Pictures Entertainment by 5 years. SPEJ was formed in 1991 through the merger of Columbia Tristar Japan, RCA Columbia Pictures Video Japan, and Japan International Enterprises. Based in Tokyo, Japan.
Sony Pictures Loot: A newly formed group of developers that creates experiences and products for PlayStation Home. Their products include premium personal spaces and decorative ornaments and clothes/costumes for the users personal spaces and avatars. The premium personal spaces have equipment that allows users, if hooked up to a video capture system, make their own machinimas in Home.

MGM is an American media company, involved in the production and distribution of films and television programs. Its operating units include Metro-Goldwyn-Mayer Studios, Metro-Goldwyn-Mayer Pictures, United Artists (UA), Orion Pictures, MGM Television, MGM Worldwide Television, MGM Home Entertainment and others. On April 8, 2005, a consortium led by Sony, Comcast and their equity partners acquired the legendary Hollywood studio in a deal finalized, worth nearly $5 billion. MGM ownership is as follows: Providence Equity Partners (29%), TPG Capital, L.P. (formerly Texas Pacific Group) (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%) and Quadrangle Group (3%). Officially, unlike Columbia TriStar Motion Picture Group, Metro-Goldwyn-Mayer is not a part of Sony Pictures Entertainment. Sony owns 20% of the total equity (which includes 45% of the total outstanding common stock) of MGM Holdings, Inc. MGM has operating agreements with SPE in regard to the distribution of MGM's library and co-production of new films. In 2006, MGM ended their distribution agreement with SPE and transferred their home video output from SPE to 20th Century Fox Home Entertainment (excepting those Columbia TriStar/MGM/UA co-productions).