Sony Pictures Entertainment


Sony’s anime streamers Funimation and Crunchyroll to merge

Sony Pictures Entertainment has announced that it is folding anime streamer Funimation into Crunchyroll. Sony acquired Crunchyroll from AT&T in August 2021 in a deal valued at US$1.175 billion. The announcement delivers on Sony’s promise to merge the two anime SVODs into one single subscription, with the company saying that pricing will remain unchanged.  In […]

Sony’s Funimation closes Crunchyroll acquisition

Sony’s Funimation group has completed its $1.175bn acquisition of AT&T’s global anime streaming service Crunchyroll, bringing the two competing services under the same roof. The agreement was first announced in December 2020 and had been awaiting regulatory approval. The deal includes streaming rights to more than 1,000 anime titles and while the two companies will remain separate […]

Katzenberg’s NewTV secures funding from big name backers

Jeffrey Katzenberg and Meg Whitman’s NewTV venture has closed an initial funding round that saw it raise US$1 billion from major studios, Liberty Global and Chinese technology group Alibaba among others. Katzenberg and Whitman’s WndrCo secured funding from Disney, Entertainment One, Fox, ITV, Lionsgate, MGM, NBCUniversal, Sony Pictures Entertainment, Viacom, and Warner Media, in addition […]

20th Century Fox takes stake in Italian VOD outfit Chili

20th Century Fox has taken a 4% stake in Italian transactional video-on-demand provider Chili in a reported €6 million investment in the platform. Fox joins Warner Bros, Viacom-Paramount and Sony Pictures as shareholders in the venture. Warner Bros and Paramount have 4% stakes, while Sony has a 3% stake in the venture. Torino 1895 Investments, […]

Kaplan exits Sony as Le Goy expands role

Andy Kaplan is one of three president-level executives leaving Sony Pictures Entertainment (SPE), with worldwide distribution chief Keith Le Goy rising in the reshuffle. Kaplan has been with Sony or its affiliates for nearly 30 years, and has greatly expanded the US studio’s channels operations in his most recent role. However, he will leave his […]

Major content firms pact for anti-piracy coalition

The Hollywood studios, leading SVOD services and key networks around the world have formed a global anti-piracy coalition. In total, 30 companies have come together to create the Alliance for Creativity and Entertainment (ACE) to combat illegal video and content downloads. These include Amazon, BBC Worldwide, CBS Corp., NBCUniversal, Paramount Pictures, Sony Pictures Television, Twentieth […]

Ex-Fox Networks chief to lead Sony

Former Fox Networks Group chief Tony Vinciquerra has been named CEO and chairman of Sony Pictures Entertainment. The veteran executive lead Rupert Murdoch’s TV networks empire in the US for a decade before exiting in January 2011, and at Sony will succeed Michael Lynton. He had flown out to Japan to meet the firm’s top-level […]

Ofcom raps AXN and TV3 over lack of subtitling, audio description

Ofcom has found Sony Pictures Entertainment-owned AXN and MTG’s TV3 in breach of it Code on Television Access Services for failing to provide sufficient subtitling and audio description services. In its latest Ofcom Broadcast Bulletin, the UK regulator said that AXN and AXN Sci-fi, channels which both broadcast to Italy, were required to provide subtitles […]

Sony appoints international film and TV boss

Sony Pictures Entertainment has hired Fox executive Sanford Panitch to become its president of international film and television. The newly-created post will see Panitch working alongside Sony Pictures Television president Steve Mosko on TV projects, as well as on the feature film side of the Hollywood studio. This is the first significant hire SPE has […]

Sony Pictures chief Pascal exiting

Amy Pascal is leaving her post as co-chairman of Sony Pictures Entertainment and launching a Sony-backed production company. She will launch the prodco in May after her current contract expires in March. It will be based on Sony’s Culver City, LA lot and focus on film, TV and theatre. A four-year deal means SPE will […]