Sony Pictures Entertainment (SPE) has just bought Alamo Drafthouse Cinema. Deadline first told you the chain was up for sale and being shopped around to studios. The move puts Sony, which still has its eye on acquiring Paramount Global, in the exhibition business once again after owning the Loews Theater chain back in the 1990s
Sony Pictures Entertainment
Refresh for latest…: Sony Pictures Entertainment posted $115 million in operating income for the three months ending June 30, down 71% on a dollar basis from last year’s comparable first quarter despite a stronger theatrical slate. Films released during the period this year were led by Spider-Man: Across the Spider-Verse which grossed $591 million worldwide
Sony Pictures Entertainment Chairman and CEO Tony Vinciquerra has claimed the AMPTP offer made to the actors union was “the best offer that has ever been made to the SAG-AFTRA group.” In a wide-ranging fireside chat at the Audio-Visual Producers Summit in Italy, Vinciquerra said he was “dismayed” by the labor strikes in LA and
Comcast-owned Sky has extended its multi-year content agreement with Sony Pictures Television on the eve of the LA Screenings. The agreement gives Sky UK and Ireland rights to new Sony Pictures Entertainment titles such Spider-Man; Across the Spider-Verse, Gran Truism and Equalizer 3. The next instalment of the Ghostbusters franchise and several films from the
Widespread optimism months ago that domestic box office might readily return to pre-Covid levels has given way to a new sense of pragmatism about the movie business. This year’s tally will far surpass last year’s $4.5 billion haul, but it will certainly fall billions short of 2019’s $11.4 billion in receipts, and all bets are
Sony Pictures Entertainment has posted operating income of $381M (50.7BN yen) for the first quarter of this year, up 25.3% on the $232M posted in the same period last year on a currency basis. Revenues grew even more significantly: up a whopping 136.6% to $2.58BN (341.4BN yen), compared with last year’s $1.87BN. The numbers were