Sony Pictures Strategy from the previous year: Theatrical tents, exclusive broadcasts and IP usage

Sony Pictures Entertainment remains “100% committed” to the theatrical releases of its “premium” movies, but is also advancing the full list of “moderately priced” subtitles developed for streaming services.

Sony Pictures Entertainment president and CEO Tony Vinchikera discussed his group’s prospects in an investor presentation on Thursday.

On the slide deck, Winchike highlighted Sony’s role as an independent studio that was aggressive in selling movies and TV shows on all major streaming services and TV networks. “Competition among streamers to strengthen their platforms is only going to intensify,” he predicted, citing Warner Bros.’s commitment. with Discovery. Worldwide streaming service.

But he also emphasized Sony’s commitment to theatrical distribution, emphasizing its two releases (p. Spider man Franchise) and more like independent travel where the crabs sing.

Sony is “the only major studio that is 100% committed to premium intellectual property in the cinematic window,” Vinchikera said. “This makes us an incredibly attractive home for top talent and creators who want their films to be after a traditional theatrical release.”

But he also acknowledged that the box office “has not yet returned to pre-pandemic levels” and that challenges remain, with many traditional studios “prioritizing streaming platforms over theatrical releases” and “geopolitical factors like China and Russia”. …where theatrical release is becoming increasingly difficult for American studios.

It also highlighted cheaper film projects being developed with “more flexible distribution options to meet the demands of streaming content”.

But the biggest opportunity, Vincicara told investors, was Sony’s continued use of intellectual property, not just its current film and TV library, but Sony’s music and Playstation departments as well.

Mentioned two Amazon spin-offs Children Which are currently in production, as well as titles based on Playstation franchises like twisted metal, შორსYou are the last among thems Tsushima’s GhostHe added that another 10 Playstation titles are in different stages of development for film and television.

On the TV front, Sony also plans to use more of its two biggest game show brands: danger! s Wheel of Fortune.

“We have Already initiated Extend these favorite brands with prime-time promotions like Wheel of Fortune s danger! National University Championship, s “Let’s do more,” Vinchikera said.