Misplaced Pages

#949050

46-454: On March 30, 2012, then-co-chairman and CEO of Sony Pictures , Michael Lynton , and executive vice president and general counsel of Sony, Nicole Seligman , were respectively named as CEO and president of Sony Corporation of America to oversee all of Sony's global entertainment businesses. On April 9, 2013, Lynton renewed his contract with Sony and was elevated to the presidency at Sony Entertainment. On February 18, 2016, Seligman resigned after

92-999: A Millionaire? , acquired from the original production company Celador, and You Are What You Eat for £114.3 million ($ 223.2 million in US dollars). In 2011, the Sony Pictures computer network was breached and approximately one million user accounts associated with the SonyPictures.com website were leaked. On November 18, 2012, Sony Pictures announced it has passed $ 4 billion with the success of releases: Skyfall , The Amazing Spider-Man , 21 Jump Street , Men in Black 3 , Hotel Transylvania , Underworld: Awakening , The Vow , and Resident Evil: Retribution . On November 21, 2013, SPE and Sony Entertainment's CEO Michael Lynton announced that SPE will shift emphasis from movies to television by cutting its 2014 film slate. It

138-450: A deal with WarnerMedia Europe to stream its theatrical films on HBO Max for Central and Eastern Europe countries. On November 28, 2022, it was announced that Legendary Entertainment reached a distribution deal with Sony to distribute its future slate of films. However, this deal does not include the Dune and MonsterVerse films as they will remain at Warner Bros. The deal came after

184-471: A decade and half with the company but remained there until March 31. On January 13, 2017, Lynton announced that he was stepping down as CEO of Sony Entertainment and Sony Pictures and chairman of the latter to become chairman for Snap Inc. and was later replaced by Sony Pictures chairman and CEO Anthony Vinciquerra on 11 May 2017. News outlets including The New York Post , Complete Music Update and TheStreet reported on December 19, 2016, about Sony

230-404: A game in which each roll of the dice brings the jungle from the game (as well as the creatures that live in it) to life around them. In order to reset the world around them, they must finish the game and make it to the titular city of gold. Afterward, they get rid of the game which is found by their next-door neighbors, two young brothers. Brothers Danny and Walter, neighbors of Peter and Judy from

276-498: A joint buyout with Apollo Global Management . Sony and Apollo submitted a $ 26 billion all-cash offer to acquire Paramount Global on May 2, 2024. A special committee of Paramount’s board of directors met on May 5, 2024, and signed off on beginning deal talks with Sony and Apollo. Later, announced in July of the same year, Paramount will merge with Skydance Media . On June 12, 2024, Sony Pictures acquired Alamo Drafthouse Cinema for

322-513: A man trapped for decades in the game and a host of dangers from the jungle that can only be stopped by finishing the game. Two young brothers are drawn into an intergalactic adventure when their house is hurled through the depths of space by the magical board game they are playing. Furthermore, the brothers surmise the only way to return home is to finish the game. Though there are no direct references to Jumanji in Zathura: A Space Adventure and

368-525: A merger plan, the two television businesses, comprising Columbia/Embassy Television and Tri-Star Television , merged altogether to form a new incarnation of the original Columbia Pictures Television . The merger enabled three top Tri-Star executives, namely Arnold Messner, who ran Tri-Star Telecommunications , Victor A. Kaufman, who ran the main Tri-Star Pictures studio, and Scott Siegler , who ran Tri-Star Television to stay on, while four of

414-677: A presence on numerous platforms. Across all of Sony's electronics and the PlayStation brand, and is extremely diversified across Apple iOS , Android , Microsoft Windows , Nintendo Switch , Steam , and Xbox . This includes the apps for their streaming services such as Crunchyroll (including Funimation ), Great American Pure Flix (with Great American Media ), Sony Pictures Core (formerly Bravia Core), and India's SonyLIV . Sony Pictures Sony Pictures Entertainment Inc. (commonly known as Sony Pictures or SPE , and formerly known as Columbia Pictures Entertainment, Inc. )

460-1291: A subsidiary of the Japanese multinational technology and media conglomerate Sony Group Corporation . Based at the Sony Pictures Studios lot in Culver City, California as one of the "Big Five" major American film studios , it encompasses Sony's motion picture , television production and distribution units. All of SPE's divisions are members of the Motion Picture Association (MPA). Sony's film franchises include The Karate Kid , Ghostbusters , Jumanji , Men in Black , Spider-Man , and Sony's Spider Man universe . On September 1, 1987, The Coca-Cola Company announced plans to spin off Columbia Pictures , which it had owned since 1982. Under this arrangement, Coca-Cola would sell its entertainment assets (Coca-Cola's Entertainment Business Sector) to TriStar Pictures , of which it owned 39.6%. Tri-Star would be renamed Columbia Pictures Entertainment, Inc. (CPE), with Coca-Cola owning 49%, its shareholders owning 31%, and Tri-Star's shareholders owning 20%. As part of

506-443: A sum which are yet-to-be disclosed. This marked the first time in more than 75 years that a major Hollywood studio would own a theater chain, as the 1948 federal ruling from United States v. Paramount Pictures, Inc. prevented them from owning exhibition companies until 2020. Alamo Drafthouse will continue to operate their film festival Fantastic Fest , which is included in the acquisition. In September 2024, Sony Group announced

SECTION 10

#1732783870950

552-404: Is an American diversified multinational mass media and entertainment studio conglomerate that produces, acquires, and distributes filmed entertainment (theatrical motion pictures, television programs, and recorded videos) through multiple platforms. Through an intermediate holding company called Sony Film Holding Inc., it is operated as a subsidiary of Sony Entertainment Inc. , which is itself

598-455: Is the main character (such as Homecoming and its sequel Spider-Man: Far From Home ), while Disney would distribute MCU films where Spider-Man appears without being the main character. On January 22, 2014, SPE folded its technology unit into the various cores of its businesses. In April, Sony Pictures arranged a film financing deal worth $ 200 million with LStar Capital , the credit venture of Lone Star Capital and Citibank , half in debt and

644-400: Is to complete the game and in doing so, they each discover the best of themselves and win with a newfound heroism to see the challenge through. The film served as a sequel to the 1995 film. The team of friends return to Jumanji to rescue one of their own but discover that nothing is as they expect. The players need to brave parts unknown, from arid deserts to snowy mountains, in order to escape

690-626: The Delaware General Corporation Law . Sony also completed a tender offer for shares of common stock of the Guber-Peters Entertainment Company on November 6, 1989, and acquired the company 3 days later. The acquisition cost Sony $ 4.9 billion ($ 3.55 billion for shares and $ 1.4 billion of long-term debt) and was backed (financed) by five major Japanese banks Mitsui , Tokyo , Fuji , Mitsubishi and Industrial Bank of Japan . The company

736-681: The Burbank Studios and acquired Lorimar Studios , previously the MGM lot, from Warner Bros. On October 31, 1989, Sony completed a friendly takeover bid for the rest of shares (51%) of CPE, which was a public company listed on the New York Stock Exchange (NYSE: KPE), and acquired 99.3% of the common stock of the company. On November 8, 1989, Sony completed the acquisition by a "short-form" merger of its wholly owned subsidiary Sony Columbia Acquisition Corporation into CPE under

782-673: The California-based Sony Pictures Entertainment, but are instead subsidiaries of the main Tokyo-based Sony Group Corporation. Jumanji (franchise) Jumanji is an American media franchise , based on the children's book Jumanji (1981) and its sequel Zathura (2002), written by Chris Van Allsburg . The first film was produced by TriStar Pictures , and subsequent films by Columbia Pictures , both subsidiaries of Sony Pictures . The franchise follows

828-658: The Coca-Cola Entertainment Business Sector departed, namely Barbara Corday , who ran Columbia / Embassy Television as president, Herman Rush and Peter Seale, who ran Coca-Cola Telecommunications , and Brian McGrath, who was the president of the Coca-Cola Entertainment Business Sector. In early December 1987, former Coke EBS vice president Kenneth Lemberger exited the post to join Tri-Star Pictures , displacing Roger Faxon, who had joined Columbia Pictures as senior vice president of

874-730: The Columbia TriStar Motion Picture Group) by merging Columbia Pictures and TriStar Pictures in 1998, revitalizing Columbia's former television division Screen Gems. This in effect re-united the MGM studio name, with the MGM main studio lot, although somewhat confusingly, the bulk of the pre-May 1986 original MGM library ended up at Time Warner via the Ted Turner - Kirk Kerkorian " Turner Entertainment Co. " transactions. The post-April 1986 MGM library consists of acquisitions of various third-party libraries, such as

920-612: The Entertainment Sector's feature production deal with Nelson Entertainment and its investment in Castle Rock Entertainment , and TeleVentures ; a company it continues to own, which was linked to three independent companies: Tri-Star Pictures , Stephen J. Cannell Productions and Witt/Thomas Productions . Merv Griffin Enterprises continue to function as a separate operation. A new company

966-509: The Jungle (2017), Jumanji: The Next Level (2019) and an animated television series which aired from 1996 to 1999. An untitled sequel to The Next Level has been announced as releasing on December 11, 2026. The first film received mixed reviews from critics, while the three follow-up films received positive critical response. The films have grossed $ 2 billion collectively at the global box office. Two children, Peter and Judy, find and play

SECTION 20

#1732783870950

1012-497: The Orion Pictures catalogue, leading to MGM's 2014 remake of RoboCop . In July 2000, a marketing executive working for Sony Corporation created a fictitious film critic, David Manning , who gave consistently good reviews for releases from Sony subsidiary Columbia Pictures that generally received poor reviews amongst real critics. Sony later pulled the ads, suspended Manning's creator and his supervisor and paid fines to

1058-406: The adventures of various people who find themselves imperiled when playing an enchanted game that comes with a variety of dangerous jungle elements that the players must survive as they play. Ultimately, the only way to end the disruptions is to finish the game while enduring its dangers. The franchise includes the films Jumanji (1995), Zathura: A Space Adventure (2005), Jumanji: Welcome to

1104-615: The appointment of SPE president and COO Ravi Ahuja as CEO of Sony Pictures Entertainment effective January 2, 2025, succeeding Tony Vinciquerra, who will remain chairman until the end of December 2025. In November 2014, the Sony Pictures computer network was compromised by a group of hackers named Guardians of Peace , disabling many computers. Later the same week, five of Sony Pictures' movies were leaked, including some not yet released (such as Fury and Annie ), as well as confidential data about 47,000 current and former Sony employees. Film historian Wheeler Winston Dixon suggested that

1150-754: The company provided administrative services related to distribution of its films in North America, while internationally, would be responsible for the direction of each studio. On September 28, 1989, Sony obtained an option to purchase all of The Coca-Cola Company 's stock (approximately 54 million shares or 49% of the outstanding shares) in CPE for $ 27 per share. The next day, Sony also announced that it reached an agreement with Guber-Peters Entertainment Company, Inc. (NASDAQ: GPEC; formerly Barris Industries , Inc.) to acquire CPE for $ 200 million when Sony hired Peter Guber and Jon Peters to be its co-chairmen. This

1196-579: The core cast of the previous two films. The following month, the filmmaker stated that the story for the next installment was in development. It was later reported that the follow-up film was delayed due to the COVID-19 pandemic . In October 2022, producer Hiram Garcia stated that Kasdan will prioritize the next Jumanji movie, following the completion of his directorial responsibilities on Red One (2024). In March 2023, cast member Kevin Hart indicated that

1242-645: The eight-story, 260,000sq ft building originally designed by architect Maxwell Starkman and known as Sony Pictures Plaza, which was originally the headquarters of MGM Studios and later Sony Pictures Studios, was sold to Runyon Group and fellow developer LBA Realty for $ 159 million. Headquartered in Culver City, California , U.S., SPE comprises various studios and entertainment brands, including Affirm Films , Columbia Pictures , Screen Gems , Sony Pictures Classics , TriStar Pictures , Crunchyroll , Game Show Network and Alamo Drafthouse Cinema . The following are other Sony Pictures divisions that are not subsidiaries of

1288-402: The hack and subsequent leaks, calling it a "malicious criminal act", while also criticizing WikiLeaks for describing the leaked content as public domain . Seth Rogen has expressed doubts about North Korea being responsible for the 2014 Sony hack. Based on the timeline of events and the amount of information hacked, he believes the hack may have been conducted by a Sony employee. In 2014,

1334-478: The hack, which exposed the inner workings of the studio, was "not a pretty picture," and served as a "wake-up call to the entire industry." The hack also revealed some other documents, emails between Hollywood moguls referring to Barack Obama 's cinematic tastes, a possible partnership with Marvel Studios for the inclusion of the superhero Spider-Man in Captain America: Civil War , which

1380-414: The latter source. Sony announced a merger of Sony Music Entertainment and Sony/ATV Music Publishing to form the umbrella " Sony Music Group " on July 17, 2019, and was finalized on August 1. On February 10, 2021, Sony/ATV Music Publishing reverted to rebranding as Sony Music Publishing . Other Sony entertainment umbrellas are Sony Interactive Entertainment and their PlayStation Studios , which have

1426-453: The movie's plot is self-contained, the studio marketed it as being set within the same fictional universe, and is thematically similar to the other franchise installments. The film is based on the children's book Zathura , also written by Van Allsburg, which was a sequel to the Jumanji novel. Despite the film's placement within the same fictional universe, director Jon Favreau discourages

Sony Entertainment - Misplaced Pages Continue

1472-424: The negative impact of the merger of Warner Bros.' parent company WarnerMedia with Discovery, Inc. to form Warner Bros. Discovery . On November 14, 2023, Sony Pictures unveiled a special centennial anniversary logo for its Columbia Pictures unit ahead of its 100th anniversary of its founding on January 10, 2024. On April 18, 2024, it was reported that Sony was interested in acquiring Paramount Global through

1518-403: The notion that the film is a direct sequel, having not particularly liked Jumanji . Twenty-two years after the events of the original film , the board game has magically become a video game. Four high school teenagers are transported to the game's jungle setting and become the avatars of the characters they chose, and later discover another victim trapped in the game as well. The only way out

1564-399: The other in equity to fund most of SPE's film slate for several years. SPE was originally considering a $ 300 million deal with Blue Anchor Entertainment, led by Bloom Hergott partner John LaViolette and former investment banker & producer Joseph M. Singer, and backed by Longhorn Capital Management and Deutsche Bank, which was held up by regulatory matters. In November 2019, Sony purchased

1610-416: The previous book, find Jumanji but ultimately choose not to play it. Instead, they find a similar game on the same board with a space theme, Zathura , which they begin to play. As with Jumanji , playing Zathura brings elements of the game into reality, and in order to set everything back to normal, the boys must complete the game. Two children find and play a magical board game. In doing so, they release

1656-576: The remaining 42% stake in GSN from AT&T , placing it under the direction of its television division. In April 2021, Sony signed a first-look deal with Netflix , allowing the streaming service to host their films following their theatrical runs and home media releases. That same month, the company also entered into a multi-year licensing agreement with The Walt Disney Company for its films to stream across Disney's streaming and linear platforms, including Disney+ and Hulu . In February 2022, Sony signed

1702-458: The state of Connecticut and to fans who saw the reviewed films in the US. It expanded its operations on April 8, 2005, when a Sony-led consortium acquired the legendary Hollywood studio Metro-Goldwyn-Mayer (MGM), in a US$ 4.8 billion leveraged buyout , through the holding company MGM Holdings Inc. 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

1748-422: The studio. The merger was approved by shareholders on December 15, 1987, and it was completed two days later. Columbia and Tri-Star brands would be used as separate and autonomous production entities, and would be part of CPE whole, along with the prior assets, units and commitments of the former Coca-Cola Entertainment Business Sector, which included all feature, TV, home video, and pay cable operations as well as

1794-459: The world's most dangerous game. In December 2019, Dwayne Johnson revealed that the next installment in the franchise would reveal that the villain from The Next Level , Jurgen the Brutal, was an avatar in the game and that the identity of the player controlling him would be explored. In March 2020, Jake Kasdan confirmed early developments for a follow-up film. Kasdan confirmed plans to maintain

1840-638: Was all led by Norio Ohga , who was the president and CEO of Sony during that time. The hiring of Guber and Peters by Sony to run Columbia was conflicted by a previous contract the producers had signed at Warner Bros. Time Warner 's chairman, Steve Ross , threatened Sony with a lawsuit for breach of contract . The lawsuit would be subsequently dropped when Sony sold half-interest in Columbia House and cable distribution rights to Columbia's feature films, TV movies, and miniseries to Warner Bros. That same agreement also saw Columbia sell its 35% interest in

1886-716: Was also announced on the same day, that there would be more Spider-Man sequels and spin-offs, though on February 10, 2015, Sony Pictures eventually signed a deal with Disney 's Marvel Studios to allow Spider-Man to appear in the Marvel Cinematic Universe , beginning with Captain America: Civil War , before appearing in Spider-Man: Homecoming which was released on July 7, 2017. The deal also allowed Sony to distribute and have creative control on any MCU film where Spider-Man

Sony Entertainment - Misplaced Pages Continue

1932-489: Was considering a restructuring of its American operations by merging Sony Pictures with Sony Interactive Entertainment which would have placed Sony Pictures under Sony Interactive's then-CEO, Andrew House, though House wouldn't have taken over day-to-day operations of Sony Pictures. However, a Sony spokesperson denounced any sort of planned merger or restructuring of any of the Sony media divisions at that time in an interview with

1978-519: Was formed in early 1988 with the Tri-Star name to take over the studio's operations. In early January 1988, CPE announced that they would revive the Triumph branding for the new worldwide subsidiary, Triumph Releasing Corporation , which was functioned as a theatrical distributor, marketing and promotion for Columbia and Tri-Star films, and named Patrick N. Williamson as president of the unit and

2024-480: Was later confirmed in February 2015, amongst others. On December 16, the hackers issued a warning to moviegoers, threatening to attack anyone who sees The Interview during the holidays and urging people to "remember the 11th of September 2001 ". On December 17, 2014, Sony cancelled the previously planned December 25 release of The Interview in response to hacker threats. On February 24, 2015, Tom Rothman

2070-415: Was named chairman of SPE's motion picture group to replace Amy Pascal . On April 16, 2015, WikiLeaks published over 30,287 documents, 173 e-mails, and 2,200 corporate e-mail addresses of Sony Pictures' employees. WikiLeaks said in a press release that the content of the leaks were "newsworthy and at the center of a geo-political conflict" and belonged "in the public domain". Sony Pictures later condemned

2116-790: Was renamed as Sony Pictures Entertainment on August 7, 1991. Also that year, Jon Peters left Columbia to start Peters Entertainment with a three-year exclusive production agreement at the studio at first, before transitioning to a non-exclusive deal at the studio. Longtime CPE employee Laurie MacDonald also left to start Aerial Pictures at the studio, first for a two-year deal, before going to 20th Century Fox in 1993, and being swallowed up by Amblin Entertainment later that year, eventually setting up DreamWorks . 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

#949050