Sony Pictures Entertainment

Sony Pictures Entertainment

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Sony Pictures Entertainment

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Description:
Sony Pictures Entertainment, Inc. (SPE) is the television and film production/distribution unit of Japanese multinational technology and media conglomerate Sony. Its group sales in 2010 has been reported to be of $7.2 billion.

History

On November 8, 1989, Japanese corporation Sony acquired the American film and television production company Columbia Pictures Entertainment, Inc. (Columbia Pictures, Tri-Star Pictures, etc.) from The Coca-Cola Company for US$3.4 billion. Sony also acquired the Guber-Peters Entertainment Company for $200 million (formerly Barris Industries, Inc.) when Sony hired Peter Guber and Jon Peters to head CPE and it was all led by Norio Ohga, who was the chairman of Sony during that time.Rudolph B (1994) Time vol. 144, no. 22 (November 28, 1994)Griffin N, Masters K (1996) Hit and Run: How Jon Peters and Peter Guber Took Sony for a Ride in Hollywood. (Simon & Schuster, ISBN 0-684-83266-6)Nathan, J. (1999) Sony: The Private Life. (Houghton Mifflin, ISBN 0-395-89327-5, ISBN 0-618-12694-5).

Sony has since created numerous other film production and distribution...
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