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Forums - Movies & TV - Sony considering selling off TV and Movie business

potato_hamster on 23 January 2017
Snoopy said:
Everyone is hurting in Hollywood. Lack of idea and people watching the movies online for free.

Hollywood's box office revenue went from 36 billion to 38 billion in the last year alone, and is projected to go from 38 billion in revenue in 2016 to 50 billion in 2020. TV and video sales, *only* increased by 37 billion dollars last year.  Apparently forcasting 30% growth over a 4 year period is "hurting".

Once again your opinions have no basis in fact.



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V-r0cK on 23 January 2017

For their film, maybe see how the new Spider-man films do. Also Hollywood is running out of comic book franchises to buy and are in the mist of looking at a lot of video games for upcoming movies. I'm sure Sony has a handful of video game licences they can turn into film.

If anything is next to go it's likely their mobile, though I love their phones and designs but I know it's hurting them.



Aura7541 on 23 January 2017

Sony Pictures' output hasn't been good recently. The Ghostbusters reboot, especially, cost them a lot of money. Their next films don't sound too promising either. The Emoji Movie and the Amy Schumer Barbie film... yeah...



Snoopy on 23 January 2017
potato_hamster said:
Snoopy said:
Everyone is hurting in Hollywood. Lack of idea and people watching the movies online for free.

Hollywood's box office revenue went from 36 billion to 38 billion in the last year alone, and is projected to go from 38 billion in revenue in 2016 to 50 billion in 2020. TV and video sales, *only* increased by 37 billion dollars last year.  Apparently forcasting 30% growth over a 4 year period is "hurting".

Once again your opinions have no basis in fact.

Hollywood isn't expanding. If you don't expand you're going to explode. They are rehashing the same stuff over and over. This will result in fatigue. They have to get more creative or else. Also revenue isn't the same as profit. Finally, there is a lot of articles pointing out theatres are closing and ticket sales are down.



daredevil.shark on 23 January 2017

They need to get rid of Columbia Pictures first. Then mobile. TV still has potential.



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Signalstar on 23 January 2017

They shouldn't as a matter of national pride. It's the only major Hollywood studio owned by a Japanese company. Chinese firms are ascending rapidly. If they took over Sony pictures then only US and China will have cornered the global film market.



http://www.youtube.com/watch?v=F1gWECYYOSo

Please Watch/Share this video so it gets shown in Hollywood.

Snoopy on 23 January 2017
daredevil.shark said:
They need to get rid of Columbia Pictures first. Then mobile. TV still has potential.

No, their tv division is over pretty much. Sad to see Sony once the big tech company to fall to hard times. I blame the fact they stuck to tradition and didn't adapt.



SmileyAja on 23 January 2017

celador said:

“They want to see how the “Emoji Movie” movie does because they think they have a franchise and it might help them get a better price,” said a source, the film, which features a poop emoji, comes out on August 4.

They can't be serious. No way.



Ariakon on 23 January 2017
BasilZero said:
Nooooo

Sony tvs are the only tvs I buy so this is bad for me D;

They're still making TVs. This would be the Sony Pictures studios (which also make TV shows like Jeopardy and such. I know Breaking Bad was also a Sony show). 



irstupid on 23 January 2017
potato_hamster said:
Snoopy said:
Everyone is hurting in Hollywood. Lack of idea and people watching the movies online for free.

Hollywood's box office revenue went from 36 billion to 38 billion in the last year alone, and is projected to go from 38 billion in revenue in 2016 to 50 billion in 2020. TV and video sales, *only* increased by 37 billion dollars last year.  Apparently forcasting 30% growth over a 4 year period is "hurting".

Once again your opinions have no basis in fact.

Revenue is a meaningless number alone. What are operating profits? I mean we have movies that are costing these days 300+ million dollars.

But I'm also betting that the majority of that "revenue" is concentrated in one company. Disney. I mean what movies are the ones raking in a billion dollars roughly. It's the marvel mvoies, the new disney animated movies, the Star Wars movies. All disney.