Sony Pictures Entertainment, Inc. (SPE) is the television and film production/distribution unit of Japanese media conglomerate Sony. Its group sales in 2007 has been reported to be of $8.58 billion.Sony Pictures - Corporate Factsheet, sonypictures.comConsolidated Financial Results for the Fiscal Year Ended March 31, 2008 Sony Corporation

History

In 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.Rudolph B (1994) So many dreams so many losses. 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) The company was renamed Sony Pictures Entertainment in 1991.

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.Sony will purchase MGM in a deal worth about $5 billion, CNN, September 14 2004.

Corporate structure

Headquartered in Culver City, California, USA, SPE comprises various studios and entertainment brands, including Columbia Pictures and GSN.

Senior management team

• Michael Lynton
• Chairman & CEO, Sony Pictures Entertainment
• Amy Pascal
• Co-Chairman, Sony Pictures Entertainment
• Chairman, Motion Picture Group, Sony Pictures Entertainment
• Jeff Blake
• Vice Chairman, Sony Pictures Entertainment
• Chairman, Worldwide Marketing and Distribution, Columbia TriStar Motion Picture Group
• Yair Landau
• Vice Chairman, Sony Pictures Entertainment
• President, Sony Pictures Digital