Sony Pictures

10202 West Washington Boulevard, Culver City, California

sonypictures.com

HISTORY

Sony Pictures, also known as Sony Pictures Entertainment, was formed in 1987 when Columbia Pictures and Tristar Pictures merged to form Columbia Pictures Entertainment (CPE). However, it was not until two years later that the Coca-Cola Company, who owned CPE, sold the business to Sony, who promptly renamed it. Since it became a Sony property, the film production and distribution company has seen successes in both the commercial and critical spheres; Sony Pictures has broken records with releases like Men In Black and won a plethora of Oscars over the years for films such as Crouching Tiger, Hidden Dragon and many others [1].

COMPANY

Sony Pictures is a subsidiary of Sony Entertainment. The company is divided into Sony Pictures Motion Picture Group, Sony Pictures Studios, and Sony Pictures Television. Sony Pictures Motion Picture Group handles the distribution of Sony’s massive library of over 3,500 titles. Sony Pictures Studios offers a variety of production-related services, operating out of the Culver City studio complex which boasts sixteen sound stages [2].

Sonypicturesentertainmentoffices.jpg

Sony Pictures Plaza in Culver City, CA

FINANCIALS

As of April 17th, 2016, Sony Pictures held a total of 5.6% studio market share, with Sony Pictures holding 5.2% and Sony Pictures Classics holding 0.4% [3]. With regards to distribution, Sony Pictures holds the third spot just behind Warner Brothers and Walt Disney, with 12.6% of the market share [4].

Sony’s earnings report for the current fiscal year will be released on April 28th, 2016 at 4:45 PM [5]. On January 29th, the Sony Corporation released its financial results for its third quarter. Sales for Sony Pictures increased from 206.6 billion yen in the third quarter of 2014 to 262.1 billion yen in the third quarter of 2015. This represents a 26.9% increase in yen, which Sony attributed this increase to a surge in theatrical revenues due to international successes like Spectre and Hotel Transylvania 2 [6]. Top investment analysts are advising investors to hold their position with Sony stock, as forecasts show a predicted 27% median increase from last fiscal year’s stock prices [7].

On April 24th, Sony’s stock prices closed at $26.59, a five-cent decrease from the previous day’s close. Over the past year, Sony shares have reached a high of $32.95 and a low of $19.90 [8]. However, the past month has seen fairly stable stock prices, seeing change of no more than $2 for the entire period from mid-March to late April [9]. As of April 24th Sony shares are up 7% from 2015 [10].

KEY EXECUTIVES

[11] Michael Lynton: CEO of Sony Entertainment Inc., Chairman and CEO of Sony Pictures Entertainment

[12] Tom Rothman: Chairman of Sony Pictures Motion Picture Group

[13] David C. Hendler: Senior Executive Vice President and CFO of Sony Pictures Entertainment

[14] Robert Lawson: Executive Vice President and Chief Communications Officer of Sony Pictures Entertainment

[15] Leah Weil: Senior Executive Vice President and General Counsel of Sony Pictures Entertainment

RECENT RELEASES

Miracles from Heaven (PG)

Despite receiving a multitude of negative critical reviews [16], the faith-based drama Miracles from Heaven has grossed over $64 million internationally, making it a huge success—its production budget was a mere $13 million. The film was released on March 16th through TriStar, a property of Sony Pictures [17].

The Brothers Grimsby (R)

Though Sony has not released the budget for the film, The Brothers Grimsby has undoubtedly been a financial disappointment. Debuting on March 11th, the movie has yet to break just $7 million in the United States. That being said, the film has been a hit internationally with revenues upwards of $20 million outside the US. With pricey talent such as Sacha Baron Cohen, Penelope Cruz, Rebel Wilson, and Gabourey Sidibe, it’s doubtful Sony has seen a return on investment as of yet [18].

Pride and Prejudice and Zombies (PG-13)

This satirical take on the novel was released on February 5th to less-than-enthusiastic reception. Though the film saw a budget of $28 million, it has grossed just $16 million worldwide, with the opening weekend accounting for 48.8% of that [19].

UPCOMING RELEASES

The Angry Birds Movie (PG)

This 3D film adaptation of the popular game will be released on May 20th. Sony Pictures is clearly expecting to cash in on the video game’s massive audience and has invested in a $250 million promotional campaign which includes a Happy Meal promo with McDonald’s and multiple television ads for car company Citroën. Other partnerships consist of Ziploc, Menchie’s Frozen Yogurt, Home Depot, and about 100 more brands and companies [20].

Ghostbusters (PG-13)

The buzz surrounding the remake of Ghostbusters is still going strong. The film features four female stars—Melissa McCarthy, Kristen Wiig, Leslie Jones, and Kate McKinnon—in place of the all-male cast the original film had. The remake has raised important questions regarding women’s roles in popular film. Ghostbusters is slated for theatrical release July 15th [21].

UPDATES AND DEVELOPMENTS

On April 7th, US District Judge R. Gary Klausner approved a multi-million dollar settlement in a class-action lawsuit by previous employees of Sony Pictures. The lawsuit was a result of the cyberhacking incident back in 2014, which released personal information of many employees and Sony partners. The agreement will give the 437,000 people involved identity theft protection until 2017 [22].

HYPEBEAST Giveaway: Autographed Essentials From Nas' HSTRY Clothing x Ghostbusters Capsule Collection

Nas x Ghostbusters Clothing Line

The next day, Sony Pictures announced that their Consumer Marketing department will be working with the rapper Nas to create a high-end Ghostbusters fashion line. The collection, called Nas x Ghostbusters, will be collaborating with brands like FILA, New Era, Monster, HSTRY, Italia Independent, and Tokyobike, and will be exclusively unveiled by HYPEBEAST. The collaborations will help reach the millennial market [23]. Sony Pictures is also teaming up with Activision for a Ghostbusters video game that will operate on PC, iOS, Android, and Kindle [24].

At CinemaCon the week of April 11th, Sony Pictures announced a variety of groundbreaking projects and ideas, most notably MIB 23. The film is a unique concept: a mashup sequel to both Men in Black and 21 Jump Street. Other ambitious projects include animated films like a CGI version of the Beatrix Potter stories of Peter Rabbit and a third installment in the Hotel Transylvania franchise. They also are in the process of developing the animated The Emoji Movie, which will be set inside an iPhone [25].

Sony Pictures is taking a marked interest in sequels and remakes, hoping to capitalize on the popularity of existing films and franchises. There are plans for Blade Runner 2, the follow-up to the original 1982 movie. Then, they are working on a remake of Jumanji, as well as the final film in The Girl with the Dragon Tattoo series. In addition, the company will release a movie version of Stephen King’s wildly popular book The Dark Tower. All the films Sony Pictures teased at the convention are tentatively slated for release between late 2016 and late 2018 [26].

SOURCES

[1] Company History. Sony Pictures. Retrieved April 25, 2016.
[2] Divisions. Sony Pictures. Retrieved April 25, 2016.
[3] Studio Market Share. Box Office Mojo. Retrieved April 25, 2016.
[4] Market Share for Each Distributor 1995-2016. The Numbers. Retrieved April 25, 2016.
[5] FY2015 Earnings Announcement. Sony. Retrieved April 25, 2016.
[6] Consolidated Financial Results for the Third Quarter Ended December 31, 2015. Sony News & Information. Retrieved April 25, 2016.
[7] Equities: Sony Corp. Financial Times. Retrieved April 25, 2016.
[8] Sony Corp. ADR. MarketWatch. Retrieved April 24, 2016.
[9] Sony Corp Ord Stock Chart. Nasdaq. Retrieved April 24, 2016.
[10] Sony: Film Slate Ready To Deliver. Seeking Alpha. Retrieved April 25, 2016.
[11] Michael Lynton. Sony Pictures. Retrieved April 25, 2016.
[12] Tom Rothman. Sony Pictures. Retrieved April 25, 2016.
[13] David C. Hendler. Sony Pictures. Retrieved April 25, 2016.
[14] Robert Lawson. Sony Pictures. Retrieved April 25, 2016.
[15] Leah Weil. Sony Pictures. Retrieved April 25, 2016.
[16] Miracles from Heaven: EW Review. Entertainment Weekly. Retrieved April 25, 2016.
[17] Miracles from Heaven. Box Office Mojo. Retrieved April 25, 2016.
[18] The Brothers Grimsby. Box Office Mojo. Retrieved April 25, 2016.
[19] Pride and Prejudice and Zombies. Box Office Mojo. Retrieved April 25, 2016.
[22] Judge Approves Settlement in Sony Pictures Hacking Case. Billboard. Retrieved April 25, 2016.
[24] Sony Pictures Teaming with Activision for New Ghostbusters Game. Hardcore Gamer. Retrieved April 25, 2016.
[25] Sony Pictures & Warner Bros Preview 2016-2017 Line-up. Slash Film. Retrieved April 25, 2016.
[27] Sony Pictures Logo. JOLT Digest. Retrieved April 25, 2016.
[28] Michael Lynton Photo. Jewish Journal. Retrieved April 25, 2016.
[29] Tom Rothman Photo. IMDb. Retrieved April 25, 2016.
[30] David C. Hendler Photo. Sony Pictures. Retrieved April 25, 2016.
[31] Robert Lawson Photo. Sony Pictures. Retrieved April 25, 2016.
[32] Leah Weil Photo. Sony Pictures. Retrieved April 25, 2016.
[33] Miracles from Heaven Trailer. YouTube: MovieClips Trailers. Retrieved April 25, 2016.
[34] The Brothers Grimsby Trailer. YouTube: Sony Pictures Entertainment. Retrieved April 25, 2016.
[35] Pride and Prejudice and Zombies Trailer. YouTube: MovieClips Trailers. Retrieved April 25, 2016.
[36] The Angry Birds Movie Trailer. YouTube: Google Movie Trailers. Retrieved April 25, 2016.
[37] Ghostbusters Trailer. YouTube: Sony Pictures Entertainment. Retrieved April 25, 2016.
[38] Nas x Ghostbusters Photo. Hypebeast. Retrieved April 25, 2016.
[39] Sony Pictures Plaza Photo. Wikipedia. Retrieved April 25, 2016.

Columbia Pictures

by Ian McCourt

Columbia Pictures

sony_columbia_pictures

Image Courtesy Fortune.com [i]

Contact Information: [ii]

10202 West Washington Boulevard

Culver City, CA 90232

310-244-4000

www.sonypictures.com

Key Executives:

Michael Lynton       CEO, Sony Entertainment, Chairman and CEO, Sony Pictures Entertainment

Amy Pascal, Co-Chairman, Sony Pictures Entertainment, Chairman, Sony Pictures Entertainment Motion Picture Group

Amy Pascal  Co-Chairman, Sony Pictures Entertainment, Chairman, Sony Pictures Entertainment Motion Picture Group

 

 

 

 

 

 

 

 

Doug Belgrad President, Sony Pictures Entertainment Motion Picture Group President, Columbia Pictures

David Hendler  Senior Executive Vice President & Chief Financial Officer, Sony Pictures Entertainment

 

 

 

 

 

 

 

 

Michael De Luca President, Production, Columbia Pictures

Michael De Luca
President, Production, Columbia Pictures

President, Production, Columbia Pictures

Hannah Minghella President, Production, Columbia Pictures

 

 

 

 

 

 

 

Executives Photos and Information Courtesy of: http://www.sonypictures.com/corp/management.html [iii]

About Columbia Pictures:

In 1918, Harry and Jack Cohn formed CBC Film Sales with an associate of theirs, Joe Brandt. CBC Film Sales (Cohn-Brandt-Cohn) then produced small-budget short films and featurettes until a few experiments with feature films and an eye for larger profits prompted them to form Columbia Pictures Corporation in 1924. Columbia established itself in the cinema world, however, with the discovery of director Frank Capra in 1927.  He would bring the company many Academy Awards, including the Best Picture films “It Happened One Night” and “You Can’t Take it With You.”  Columbia would continue to grow and prosper as the decades moved past, and it was bought by Coca-Cola in 1982.  However, a mere seven years later, Columbia Pictures and all of its holdings were bought by the Sony Corporation in 1989. [iv] It is now a part of Sony Pictures Entertainment‘s Columbia Tristar Motion Picture Group, along with Tristar Pictures, Sony Pictures Classics and Screengems. [v]

Financials:

It is to be noted that Sony’s Financial Reports for the Pictures Division encompasses not only Columbia Pictures, but also the Tristar Pictures and Screengems studios, as well as any TV production and distribution financials. Regardless, Sony Pictures Entertainment reported that revenue decreased 3% on a constant currency (U.S. dollar) standard to 1,671 million dollars for the fiscal quarter ended September 30, 2014 from 1,815 million for the fiscal quarter ended September 30, 2013. [vi][vii] This was due to lower theatrical revenues due to fewer theatrical releases in Q2 FY14 as opposed to Q2 FY13. [viii]  Sony predicts that the pictures division will make 8,100 million U.S. dollars for the total Fiscal Year ending March 31, 2015. [ix]

What’s Happening Now?

In 2014, Columbia Pictures has released nine films, three of which are still in theaters as of December 1, 2014. The Amazing Spider-Man 2 and 22 Jump Street are leading in gross so far respectively, with 22 Jump Street still in theaters. [x]

22 Jump Street
This sequel to the hit 21 Jump Street, 22 Jump Street stars Jonah Hill and Channing Tatum and follows the adventures of Officers Schmidt and Jenko as they go undercover as college students. The film is directed by Christopher Miller and Phil Lord.

Image and Synopsis Courtesy IMDB [xi]

In its opening weekend (June 13-15, 2014), 22 Jump Street opened at number one, making $57,071,445 domestically to its $50 million budget. The film is now in its twenty-third week, having made $331,333,876 worldwide as of December 1, 2014. [xii]

The Equalizer
In The EqualizerDenzel Washington stars as a man who has put his dark past behind him, only to return to his old ways when he meets a girl who is under the control of Russian gangsters. The film is directed by Antoine Fuqua.

Image and Synopsis Courtesy IMDB

Image and Synopsis Courtesy IMDB [xiii]

In its opening weekend (Sept. 26-28, 2014) The Equalizer opened number one at the box office, earning $34,137,828 to its $55 million budget. Now in its ninth week, the film has made $190,173,178 internationally as of December 1, 2014. [xiv]

Fury
Fury, starring Brad Pitt, Logan Lerman, and Shia LaBeouf, tells the tale of an Army Sergeant nicknamed Wardaddy (Pitt) who commands a Sherman tank with a five-man crew against amazing odds in an attempt to cripple Nazi Germany. The film is written and directed by David Ayer.

Image and Synopsis Courtesy IMDB

Image and Synopsis Courtesy IMDB [xv]

Opening number one at the box office, Fury made $23,702,421 to its $68 million budget during its opening weekend (Oct. 17-19, 2014). Going through its seventh week in theaters, Fury has made $171,707,000 internationally as of December 1, 2014. [xvi] On Veteran’s Day, Nov. 11, 2014, the movie was free at Regal and AMC Theaters for all current personnel or veterans with a valid I.D. [xvii]

Ghostbusters (30th Anniversary Re-Release)
To celebrate the 30th Anniversary of the 1984 classic, Ghostbusters was back in theaters beginning August 29, 2014. [xviii] It tells the story of three parapsychology professors struggling for work who decide to open up a ghost removal business. It stars Bill Murray, Dan Aykroyd, Harold Ramis, and Sigourney Weaver.  It is directed by Ivan Reitman. [xix]

Image Credit Fandango.com

Image Credit Fandango.com [xx]

The re-release opened at fifteenth its opening weekend (August 29-31, 2014), making $1,756,513. It closed on September 18, 2014, despite being advertised as only being open for one week.  During this time, it made $3,580,343.  This makes the film’s total lifetime gross $242,212,467 as of December 1, 2014. [xxi]

In Other News:

In early November, Columbia Pictures requested to a Florida federal court that its anti-piracy policies be kept secret.  The information on these policies is now in a closed case between Hotfile, a file-sharing site that closed down in 2013, and the Motion Picture Association of America (MPAA). [xxii] Columbia is insisting that if this information were released, it would render the company incapable to protect its copyrighted works. This comes after U.S. District Judge Kathleen Williams ruled that the information is in the public interest and should be released. [xxiii]

 

Image Courtesy Dailytech [xxvi]

On November 24, 2014, hackers took control of Sony’s computer systems.  A group claiming to be the hackers then criticized Sony CEO Michael Lynton in a tweet, calling him “a criminal.” [xxiv] Since then, versions of five films belonging to Sony Pictures have been released online: AnnieFuryStill AliceMr. Turner, and To Write Love on Her Arms. Of those five films, only Fury has been released in theaters, but even that film hasn’t had a DVD release yet.  These films are already reported to have been illegally downloaded hundreds of thousands of times. [xxv] Sony has since hired Mandiant Forensics Unit to clean up the attack, and the U.S. Federal Bureau of Investigations has begun looking into the incident. Sony has been looking to see if the attack was perpetrated by North Korea-backed hackers in retaliation to the upcoming release of the movie, The Interview, which is a comedy about an attempt to assassinate North Korean leader Kim Jong Un. [xxvii]

What’s To Come:

Annie

Image Courtesy IMDB

Image Courtesy IMDB [xxix]

One of the films leaked from the hack, Annie will be released in theaters on December 19, 2014. Starring Quvenzhane Wallis, Jamie Foxx, and Cameron Diaz, this musical film tells of a young foster kid (Wallis) who toughs out the hard knock life of New York City in 2014.  While it will be competing against Disney‘s Into The Woods, the film is predicted to make about $95 million. [xxviii]

 

 

 

The Interview

Image Courtesy IMDB

Image Courtesy IMDB [xxxi]

To be released on Christmas Day, December 25, 2014, The Interview is the latest comedy co-directed by Seth Rogen and Evan Goldberg. Starring Rogen and James Franco, the film is about journalist Dave Skylark and producer Aaron Rapoport from the popular TV show Skylark Tonight as they are hired by the CIA to assassinate Kim Jong Un. It is predicted to make $90 million. [xxx]

 

 

[i] Columbia Pictures Logo. Retrieved 11/29/2014.
[ii] Sony Pictures Contacts. Retrieved 11/29/2014.
[iii] Sony/Columbia Executives. Retrieved 11/29/2014.
[iv] History of Columbia Pictures. Retrieved 11/29/2014.
[v] Sony Divisions. Retrieved 11/29/2014.
[vi] Sony Financials Q2 FY14. Retrieved 11/30/2014.
[vii] Sony Financials Q2 FY13. Retrieved 11/30/2014.
[viii] Sony Financials Q2 FY14. Retrieved 11/30/2014.
[vix] Sony Predictions. Retrieved 11/30/2014.
[x] Columbia Films 2014. Retrieved 12/1/2014.
[xi] 22 Jump Street Info. Retrieved 11/30/2014.
[xii] 22 Jump Street Box Office. Retrieved 12/1/2014.
[xiii] The Equalizer Info. Retrieved 11/30/2014.
[xiv] The Equalizer Box Office. Retrieved 12/1/2014.
[xv] Fury Info. Retrieved 11/30/2014.
[xvi] Fury Box Office. Retrieved 12/1/2014.
[xvii] Fury Free for Veterans 11/11. Retrieved 11/30/2014.
[xviii] Ghostbusters Re-release Info. Retrieved 11/30/2014.
[xix] Ghostbusters Info. Retrieved 11/30/2014.
[xx] Ghostbusters Re-release Poster. Retrieved 11/30/2014.
[xxi] Ghostbusters Re-Release Box Office. Retrieved 12/1/2014.
[xxii] Hotfile Shuts Down. Retrieved 12/1/2014.
[xxiii] Columbia Anti-Piracy Case. Retrieved 12/1/2014.
[xxiv] Hackers take Sony. Retrieved 12/1/2014.
[xxv] Sony Movies Leaked. Retrieved 12/1/2014.
[xxvi] Hackers Call Out Lynton on Twitter. Retrieved 12/1/2014.
[xxvii] Sony Responds to Hack. Retrieved 12/1/2014.
[xxviii] Annie Info. Retrieved 12/1/2014.
[xxiv] Annie Poster. Retrieved 12/1/2014.
[xxx] The Interview Info. Retrieved 12/1/2014.
[xxxi] The Interview Poster. Retrieved 12/1/2014.

Columbia Pictures

By Alexander Hill

Columbia-Pictures-Company-Logo[1]

10202 West Washington Boulevard,

Culver City, California 90232

Key Executives [1]

michael-lynton

Michael Lynton
Chairmen and CEO

Amy Pascal
Co-Chairmen

david-hendler

David Hendler
Senior Executive Vice President and CFO

michaeldeluca

Michael Deluca
President, Production
Columbia Pictures

 

charles-sipkins

Charles Sipkins
Executive Vice President and CCO

History:

Two brothers, Jack and Harry Cohn, and their partner Joe Brandt founded Columbia Pictures in 1918. The studio was originally named Cohn-Brandt-Cohn Film Sales, before officially becoming Columbia Pictures in 1925. Over the following decades the film company would be propelled into the Hollywood spotlight, developing a national following and becoming one of the major film studios in America.  The company would be sold to the Coca-Cola Company in 1982, before becoming an individual entity known as Columbia Pictures Entertainment under Tri-Star in 1987. In 1989 for a reported $3.4 billion [2], the Sony Corporation of Japan and its board approved the purchase of Columbia Pictures Entertainment, a move that would have a long-lasting impact on the future of the company. [3]

Financials:

Columbia Pictures, and Sony Pictures Entertainment are both privately traded companies.  After the initial purchase of Columbia, there were some financial woes for Sony after a series of poor box office results during the early 90’s. More recently the studio has had a number of successes with the Spiderman and James Bond franchises, Hitch, and Hancock just to name a few. Columbia Pictures operates under the much broader Sony Pictures Entertainment and Columbia TriStar Motion Picture Group, and often works with other studios when producing films. This upcoming year Columbia plans to release two sequels (The Amazing Spiderman 2, and 22 Jump Street), whose predecessors grossed over $900,000,000 combined worldwide. [4][5]

Recent Releases:

American Hustle (2013)
Budget: $40,000,000
Worldwide Gross: $251,171,807 [6]

HUSTLEposter

 

 

 

 

 

 

 

 

By far the biggest success recently for the studio is critically acclaimed film “American Hustle”. The film racked up 10 Academy Award Nominations, although it failed to bring home a single award against a stacked field that included “12 Years a Slave”, “Wolf of Wall Street”, and “Gravity” just to name a few. The plot follows con man Irving Rosenfeld (Christian Bale), and his redheaded girlfriend (Amy Adams), as they work with an FBI agent (Bradley Cooper) to fool a group of politicians, and mafia members. The star-studded cast, and clever script made American Hustle extremely profitable for the studio, garnering over $150 million domestically. [7]

The Monuments Men (2014)
Budget: $70,000,000
Worldwide Gross: $155,118,847 [8]

MMposter

Part of the 2014 slate of movies for Columbia Pictures, “The Monuments Men” follows a group of American soldiers penetrating Nazi lines to recover precious artwork. The film is based on an actual group of soldiers and was developed in large part by George Clooney who was extremely invested in the production, in which he wrote, directed, and starred. Originally planned to release in 2013, the film was pushed back to 2014 due to a number of technically difficulties. It was greeted by mediocre reviews, and fairly lackluster box office results. [9][10]

RoboCop (2014)
Budget: $100,000,000
Worldwide Gross: $241,279,202 [11]

Robocop

A reboot of the 1987 franchise, RoboCop returned in 2014 with actor Joel Kinnaman behind the robotic mask. With an enormous budget of $100 million the film failed to impress in the United States, bringing in a very low $57 million. This number may have come as a surprise to the studio who expected to see many old fans of the franchise return for the remake. The film opened just one week after the “Lego Movie”, and the stiff competition may have impacted the films earnings. Despite disappointing domestic totals, the film did manage to gain some traction overseas and was extremely popular in the UK and other parts of Europe. It is till unclear whether or not a sequel will be produced, but with the films international success it is certainly a possibility. [12][13]

Upcoming Releases

The Amazing Spider Man 2
Release Date: May 2nd, 2014
Trailer

amazingspiderman poster

In 2012, the studio released “The Amazing Spider Man” which drew in over $700 million worldwide. After the huge success of the Spider Man trilogy which featured Tobey Maguire, the franchise returned with Andrew Garfield in the title role. In just under 2 weeks Spidey will return to the United States, and should be the years largest draw for the studio.  The film was already released internationally in some areas, and grossed $47 million in its first weekend; a number which is higher than the “Captain America: The Winter Soldier” opening in similar regions. Captain America currently sits atop the box office rankings for the second straight week, but Spider Man is looking poised to make a run at that position upon release. [14][15]

22 Jump Street
Release Date: July 13th, 2014
Trailer

22JumpStreet

In addition to doing a second Spider Man, Columbia Pictures is slated to release the sequel to “21 Jump Street” in 2014. “22 Jump Street” will see the duo of Jonah Hill and Channing Tatum return in hopes of topping their $200 million dollar success back in 2012. The last film had Hill and Tatum attending high school, but they’ve moved on to college for the sequel which is sure to draw back the young audience they targeted the first time around who may have moved on to college themselves. [16][17]

Future of Columbia Pictures

As Columbia Pictures enters 2014 they seem to be focused on recreating and building upon already established brands.  With two sequels headlining their summer release schedule,and reboots continuously showing large profits for the studio don’t expect their formula to change anytime soon.   Also noteworthy is Sony Picture Entertainments recent interest in turning its existing video game titles into movies. Rumors have been circulation around the internet that a Sonic the Hedgehog movie could be in the works from Columbia, and this could be the first of many video games Sony sends to the production company as they continue to be one of the industries most vertically integrated corporations.

 Sources

[1] Sony Pictures Entertainment Executives – Sony Pictures
[2] 1989 Article on Sony Purchase of Columbia – The New York Times
[3] History of Columbia – Sony Pictutes
[4] Google Finance: Columbia Pictures – google.com/finance
[5] Columbia Pictures – Box Office Mojo
[6] American Hustle – Box Office Mojo
[7] American Hustle – IMDB
[8] Monuments Men – Box Office Mojo
[9] Push Back of Monuments Men – Grantland
[10] Monuments Men – IMDB
[11] RoboCop – Box Office Mojo
[12] RoboCop Opening Weekend – Variety
[13] RoboCop – IMDB
[14] The Amazing Spider Man 2 Opening Weekend – Forbes
[15] The Amazing Spider Man 2 – IMDB
[16] 21 Jump Street – Box Office Mojo
[17] 22 Jump Street – IMDB

Photo Sources

Columbia Logo (courtesy truthcontrol.com)
Michael Lynton (courtesy sonypictures.com)
Amy Pascal (courtesy sonypictures.com)
David Hendler (courtesy sonypictures.com)
Michael Deluca (courtesy sonypictures.com)
Charles Sipkuns (courtesy sonypictures.com)
American Hustle Poster – (courtesy boxofficemojo.com)
Monuments Men Poster – (courtesy boxofficemojo.com)
RoboCop Poster – (courtesy boxofficemojo.com)
The Amazing Spider Man 2 Poster – (courtesy sonypictures.com)
22 Jump Street Poster – (courtesy sonypictures.com)

MGM

By Trevor Heckendorn

Key Executives [1]

Gary Barber  Chairman and Chief Executive Officer

Ken Schapiro  Chief Operating Officer

Jonathan Glickman President, Motion Picture Group

 

 

History

Metro-Goldwyn-Mayer (MGM) was founded in 1924 after entrepreneur Marcus Loew bought three separate production companies, Metro Pictures, Goldwyn Pictures Corporation, and Louis B. Mayer Pictures, and made them one.  MGM soon became a powerhouse in the entertainment industry, producing some of the biggest hits of the 1930s and 40s, like Gone with the Wind, and The Wizard of Oz.  However, MGM’s controlling grip on the world of cinema would begin slipping, and by 2010, they filed for Chapter 11 bankruptcy.  They would emerge from bankruptcy a few months later, under new leadership from Spyglass Entertainment partner, Gary Barber.  MGM films have won an astounding 175 Academy Awards, including 14 Best Picture winners. [2] [3]

 

Financial Information

MGM has had a rocky past when it comes to financial stability.  Despite filing for bankruptcy just a few years ago, they now seem to be positioned incredibly well for the future.  Although MGM creates entertainment for the public, the company is still private, and so are their financial records.  Also, since their rise from bankruptcy, MGM has yet to produce a movie on their own, and frequently partner with Columbia Pictures.  However, looking over some of MGM’s recent productions (or co-productions), their revenue stream seems to be better than ever.  Under new leadership, MGM has begun relying heavily on sequels, a generally safe move in the film industry.  In 2012, MGM co-produced two films that grossed over $1,000,000,000, both of which have future sequels already planned. [4]

 

Recent Releases

Skyfall (2012)                                                                                                             Distribution; co-produced with United Artist, Columbia Pictures, and Eon Productions         Budget: $150-200 Million                                                                                                         Gross: $1.1 Billion [5]

Daniel Craig returned as James Bond for the 23rd installment of the 007 series, the highest-grossing film franchise of all-time. Directed by Oscar-winner Sam Mendes, Skyfall surprised both critics and fans with its writing and breathtaking cinematography.  It also became the highest grossing of the 23 James Bond movies, grossing over $1 billion. Skyfall would go on to be nominated for 5 Academy Awards, winning for Best Sound Mixing and Best Original Song (Skyfall by Adele).  Daniel Craig has signed on for three more James Bond movies, with the 24th installment planned to be released November 2015.  [6]

 

The Hobbit: An Unexpected Journey (2012)                                                                     Co-Production with New Line Cinema, Warner Bros., and WingNut Films                 Budget: $200-315 Million                                                                                                Gross: $1.02 Billion  [7]

J.R.R. Tolkein’s novels of epic adventures through Middle Earth continue to be blockbuster film adaptations, with this prequel to the Lord of the Rings series.  It followed in the financial footsteps of its predecessors, generating over $1,000,000,000 in revenue, as all three of the Lord of the Rings movies have.  Peter Jackson returned as director for The Hobbit: An Unexpected Journey, and plans to complete a Hobbit trilogy, with releases in 2013 and 2014.  The Hobbit was nominated for three Academy Awards: Best Visual Effects, Best Makeup and Hairstyling, and Best Production Design.  However, The Hobbit may have been most newsworthy for its incredible budget, rumored to be upwards of $315 million, which would make it the largest budget of any film in history.  The film was also a technological feat, utilizing CGI and 3D technologies in ways that hadn’t been seen before. The film was shot at 48 frames per second, making it the first wide release feature film to do so.  [8]

 

G.I. Joe: Retaliation (2013)                                                                                               Co-Production with Hasbro, Paramount Pictures, di Bonaventura Pictures, and Skydance Productions                                                                                                                   Budget: $130 Million                                                                                                       Gross: $372 Million  [9]

In 2013, MGM continued their reliance on sequels with the second installment in the G.I. Joe franchise, G.I. Joe: Retaliation, starring Dwayne “The Rock” Johnson, Bruce Willis, and Channing Tatum.  This star-studded action flick hauled in over $372 million dollars at the box office, a rare feat for a March release.  Plans for a third installment of the series have been recently confirmed, with Jon Chu returning to direct.  [10]

 

Carrie (2013)                                                                                                                     Distribution; Co-Production with Screen Gems                                                                       Budget: $30 Million                                                                                                         Gross: $53 Million  [11]

MGM and Screen Gems tried their hand at making Stephen King’s 1974 into a feature film (for the third time) this October, with the release of Carrie.  This horror film features Chloe Grace Moretz in the title role, with support from Emmy-winner Julianne Moore.  This film seemed to be a safer investment for MGM, with the budget being only $30 million.  That investment has already been made back, as Carrie continuing its theatrical run. [12]

 

Upcoming Releases

The Hobbit: The Desolation of Smaug (December 13, 2013)                                       Co-Production with New Line Cinema, Warner Bros., and WingNut Films

The incredibly successful Lord of the Rings franchise adds another film this December, with the second installment in the Hobbit series being released internationally on December 13th.  Peter Jackson is back to direct and write the screenplay, based on J.R.R. Tolkein’s novel, The Hobbit.  Sir Ian McKellan, Martin Freeman, and company reprise their legendary roles, as The Hobbit: The Desolation of Smaug prepares to repeat the box office and critical success of the first film.  Just as Peter Jackson did with the Lord of the Rings series, all three Hobbit films will be produced back-to-back, with the third installment, The Hobbit: There and Back Again, already planned for a December 2014 release. [13]

 

Robocop (Feburary 12, 2014)                                                                                               Distribution; Co-Production with Strike Entertainment and Columbia Pictures

RoboCop Poster - P 2013

Robocop makes his return to the big screen in Feburary 2014, starring Joel Kinnaman in the title role.  This science fiction thriller is a remake of the original 1987 film of the same name.  Other featured actors include Gary Oldman, Michael Keaton, and Samuel L. Jackson.  With a budget rumored to be over $120 million, MGM and Columbia Pictures are counting on audiences new and old to flock to this potential blockbuster. [14]

 

22 Jump Street (June 13, 2014)                                                                                        Co-Production with Relativity Media, Columbia Pictures, and Original Film

Following the surprise success of 21 Jump Street in March of 2012, MGM and Columbia Pictures have begun production on the sequel, 22 Jump Street.  This comedy film features Jonah Hill and Channing Tatum reprising their roles as undercover cops, this time going undercover at a local college.  The first film grossed over $200 million at the box office, and MGM can expect the sequel to do just as well. [15]

 

Future of MGM

Since their emergence from bankruptcy, MGM has been making safe investments, financing mostly adaptions and sequels.  Additional movies slated for 2014 releases include a sequel to Hot Tub Time Machine, and an adaption of the graphic novel Hercules: The Thracian Wars.  As MGM beings its return to being the powerhouse it once was, we may being to see more original productions, but for now, they have no reason to change their business strategy, as it is paying off quite well.

 

Sources

[1] MGM.com – MGM Today

[2] MGM.com – History

[3] Global Times – MGM restructuring becomes effective, new owners step in

[4] IMDb – MGM

[5] Box Office Mojo – Skyfall

[6] IMDb – Skyfall

[7] Box Office Mojo – The Hobbit: An Unexpected Journey

[8] IMDb – The Hobbit: An Unexpected Journey

[9] Box Office Mojo – G.I. Joe Retaliation

[10] IMDb – G.I. Joe Retaliation

[11] Box Office Mojo – Carrie

[12] IMDb – Carrie

[13] IMDb – The Hobbit: The Desolation of Smaug

[14] IMDb – RoboCop

[15] IMDb – 22 Jump Street

 

Picture Sources

MGM Logo (courtesy of wikia.com)

Gary Barber (courtesy of MGM.com)

Ken Schapiro (courtesy of MGM.com)

Jonathan Glickman (courtesy of MGM.com)

Skyfall (courtesy of Forbes.com)

The Hobbit: An Unexpected Journey (courtesy of venganzamedia.com)

G.I. Joe: Retaliation (courtesy of propagandistmag.com)

Carrie (courtesy of fansshare.com)

The Hobbit: Desolation of Smaug (courtesy of comicbookresources.com)

RoboCop (courtesy of hollywoodreporter.com)

 22 Jump Street (courtesy of collider.com)

MGM

by Lyndsey Lombard
Image courtesy of articles.latimes.com

Image courtesy of articles.latimes.com

                                 10250 Constellation Blvd. Los Angeles, CA 90067                                    310.449.3000 / www.mgm.com

A Brief History

MGM (Metro-Goldwyn-Mayer) Studios is an American media and entertainment company that produces and distributes films and television programs. It was founded in April 1924 and has been producing classic films since then such as “Rocky,” “West Side Story,” and “The Wizard of Oz.” While the company has not been producing as many movies independently after coming back from bankruptcy in 2010, it still is responsible for distributing many recent popular films [1]. MGM currently has a distribution deal with Sony Pictures Entertainment, which allowed it to distribute the most recent Bond movie, “Skyfall” [2]. Some of the current films MGM has co-produced are “The Hobbit,” “21 Jump Street,” and “Hansel and Gretel.”

Key Figures

Image courtesy of aceshowbiz.com

Image courtesy of aceshowbiz.com

 

Gary Barber is Chairman and CEO of MGM, Inc. and has held this position since October 2012. Previously, he served as Co-Chariman and CEO since December 2010 alongside Roger Birnbaum. Barber and Birbaum founded Spyglass Entertainment together in 1998 [3]. With Barber’s help, MGM has been able to make a strong comeback after declaring bankruptcy in 2010.

 

 

 

Image courtesy of latimesblogs.latimes.com

Image courtesy of latimesblogs.latimes.com

Ken Schapiro took on the title of Chief Operating Officer in February 2011. He was previously the co-founder of the private investment management company, Qualia Capital LLC [3].

Image courtesy of www.hollywoodreporter.com

Image courtesy of www.hollywoodreporter.com

As President of the Motion Picture Group, Jonathan Glickman, is in charge of the production and development of all MGM films. He too has a successful history prior to this position at Spyglass Entertainment [3].

Financials

The future is looking up for MGM post-bankruptcy.  After MGM acquired Carl Icahn’s stake for $590 million in July 2012, the company went public [4].  According to the 2012 year-end results, revenue was up 97% over 2011.  They reported total revenue of $1.38 billion, which was an increase of $681 million from the prior year.

“Skyfall” and “The Hobbit: An Unexpected Journey” landed MGM with two films in the top 15 of box office history.  These two films also gave MGM the title of being the only studio to have two back-to-back films make $1 billion at the box office.

Image courtesy of imdb.com

Image courtesy of imdb.com

“Skyfall” was named the biggest James Bond release of all time and also the biggest film in the UK by crossing the £100 million mark.

The total home entertainment revenue of 2012 was greater than that of 2011 even though no new titles were released. The fourth quarter was extremely strong with $96 million in revenue, which shows how successful the promotions for James Bond 50th anniversary were.  The worldwide home entertainment generated a total of $195 million, which was $1 million more than the prior year.

The worldwide television licensing revenue generated a total of $395 million, which was also a large increase by $23 million from the prior year.

The 2012 Adjusted EBITDA showed a 48% increase to $286 million.  It was adjusted due to revenue growth.  The revenue growth was so substantial that it offset the increase in marketing, distribution, and operating expenses [5].

Recent Releases

Image courtesy of www.comingsoon.net

Image courtesy of www.comingsoon.net

Trailer: http://www.youtube.com/watch?v=TB11JlyjmkE

Hansel & Gretel: Witch Hunters was released January 25, 2013 and directed by Tommy Wirkola.  MGM co-produced it with Paramount. It is a twist on the children’s fairy tale, Hansel & Gretel.  In the movie, Hansel and Gretel are all grown up and now bounty hunters that kill witches.  It was released in 3D and IMAX. The movie made $19 million in its opening weekend and $219 million total worldwide. It made a lot more money overseas than domestically.  Its production budget was $50 million [6]. Hansel & Gretel will be released on Blu-ray and DVD on June 11, 2013.

Image courtesy of www.comingsoon.net

Image courtesy of www.comingsoon.net

Trailer: http://www.youtube.com/watch?v=QLR3HrV71yM

G.I. Joe: Retaliation was released March 29, 2013 and directed by Jon M. Chu.  This is the third movie out of the series and it starred new cast members such as Dwayne “The Rock” Johnson and Bruce Willis.  It was #1 its opening weekend making $40 million.  Its total worldwide gross is $231 million so far.  Its production budget was $130 million. This movie was also released in 3D and IMAX [6].

Upcoming Films

Image courtesy of imdb.com

Image courtesy of imdb.com

Trailer: http://www.youtube.com/watch?v=H369sxjyhx8&feature=player_embedded

Carrie is an upcoming horror film that is the third adaptation of the Stephen King’s 1974 novel, Carrie. The film is co-produced by MGM and Screen Gems. It stars Chloe Moretz and Julianne Moore.  The release date is set for October 18, 2013. With this release, MGM and Screen Gems are hoping to stay as close to the original novel’s storyline.  Their current promotion for the movie is extremely original.  At the end of the trailer, they provide you with a toll free number to call, which plays back a scene with the characters.

Future MGM Films

There is definitely a trend of adaptations and remakes in MGM’s upcoming film releases.  Two other upcoming releases are “RoboCop,” which is set to release February 7, 2014, and “Hercules: The Thracian Wars,” which is set to release August 8, 2014.

Image courtesy of www.comingsoon.net

Image courtesy of www.comingsoon.net

“RoboCop” is a science fiction action film that will feature Samuel L. Jackson, Michael Keaton, and Gary Oldman.  It is a remake of the original 1987 film. José Padihla, a Brazilian film director, who has not released a feature film in the U.S. yet, will direct it [7].

“Hercules: The Thracian Wars” will feature Dwayne “The Rock” Johnson as Hercules in this adaptation of the Radical Studios graphic novel from 2008.  Its main competition in the box office will be Disney/Marvel’s “Guardians of the Galaxy,” which is set to release a week prior.  If this movie is successful, it could lead to another franchise for MGM [8].

More recently MGM has teamed up with GK Films to develop a new Tomb Raider franchise based on the Lara Croft video game franchise. The two original films from 2001 and 2003 that starred Angelina Jolie grossed $432 million worldwide so MGM hopes to achieve the same success [9].

Image courtesy of www.filmofilia.com

Image courtesy of www.filmofilia.com

“The Hobbit” trilogy was confirmed in a MGM news release this past February.  The second film, “The Hobbit: The Desolation of Smaug” was given a December 13, 2013 release date and the third film, “The Hobbit: There and Back Again,” was officially given the release date of December 17, 2014. The first film in the trilogy did so well that they hope the success will follow throughout.  MGM is co-producing these films 50/50 with New Line Cinema [10].

With all of these plans in place, MGM’s future looks strong and successful.

Sources

1. MGM History

2. Sony Pictures Deal

3. MGM Today

4. Carl Icahn sells stake in MGM

5. MGM 2012 Year-End Results

6. Box Office Mojo

7. RoboCop Release

8. Hercules Release

9. Tomb Raider Franchise Announcement

10. The Hobbit Trilogy Announcement

Columbia/TriStar Pictures

by Kevin Kwon

Copyright 2012 Sony Pictures Digital Inc. All rights reserved.

Copyright 2012 Sony Pictures Digital Inc. All rights reserved.


Contact Information: 10202 West Washington Blvd. Culver City, CA 90232 United States.

Phone: (310) 244-4000    Fax: (310) 280-1509

Website: http://www.sonypictures.com/


QUICK PROFILE AND HISTORY

Copyright 2012 Sony Pictures Digital Inc. All rights reserved.

Copyright 2012 Sony Pictures Digital Inc. All rights reserved.

Columbia/Tristar Pictures, also known as the Columbia Tristar Motion Picture Group or more recently, Sony Tristar Group, serves as a part of Sony Pictures Entertainment, which is the film and television division of Sony Corporation. Columbia/Tristar Pictures is responsible for the marketing, licensing, and promotion of its products. The company boasts an impressive library of over 3,500 movies and twelve films that received Best Picture Academy Awards. A total of three studios makes up Columbia/Tristar Pictures which are: Columbia Pictures, Screen Gems, and Sony Pictures Classics. Each of these three studios serves a special purpose; Columbia Pictures specializes in large budget films, Sony Pictures Classics focuses on both foreign and domestic independent films, while Screen Gems is more like a mix of the two.1

 

Copyright 2012 Sony Pictures Digital Inc. All rights reserved.

Although founded in 1924, Columbia Pictures was only purchased by Sony for 3.4 billion USD in 1989. The purchase was an unprecedented event and it became the largest acquisition by a Japanese company at that time. Soon after, Sony had moved Columbia to its permanent home in Culver City, California.In 1998, Sony merged its own TriStar Pictures into its Columbia Pictures division which resulted in a single production company.  The reason for this merger, as stated by John Calley, CEO of Sony Pictures Entertainment at the time, was because Sony wanted to “focus on producing a larger number of pictures with greater efficiency and less rivalry.”

For a more detailed look at the company’s history, you can visit here.


KEY EXECUTIVES

Michael Lynton, image courtesy of
www.sonypictures.com

Michael Lynton – Chairman and CEO of Sony Pictures Entertainment. CEO of Sony Corporation of America. CEO of Sony Entertainment, Inc.4
Amy Pascal –  Co-Chairman of Sony Pictures Entertainment. Chairman of Sony Pictures Entertainment Motion Picture Group.

Douglass Belgrad, image courtesy of www.awn.com

Jeff Blake – Vice Chairman of Sony Pictures Entertainment.4

Steven N. Bersch – President of Sony Pictures Worldwide Acquisitions.4
Douglass Belgrad – President of Columbia Pictures.4 Hannah Minghella –  President of Production for Columbia Pictures.4
Clinton Culpepper – President of Screen Gems.4 Michael Barker, Tom Bernard, and Marcie Bloom – Co-Presidents and Co-Founders of Sony Picture Classics.5


COLUMBIA TRISTAR PICTURES IN LATE 2012

August

August 29, 2012 – Sony Pictures Entertainment along with EON Productions, MGM Studios, and Twentieth Century Fox Home Entertainment announced their plan to make October 5, 2012, the official and globally celebrated James Bond Day.

Image courtesy of www.sonyentertainmentnetwork.com

On this special day, fans of the Bond franchise all over the world will be able to experience numerous events such as a live auction charity with Bond related items, a concert with timeless Bond themes, and Everything or Nothing: The Untold Story of 007, a new documentary from a joint effort between Columbia Pictures, MGM Pictures, Passion Pictures, and Red Box Films. This mega James Bond event not only celebrates the franchise’s 50th anniversary, but also creates hype and awareness toward the upcoming Bond film from Columbia Pictures, Skyfall. Director Sam Mendes’ Skyfall is one of Columbia Pictures’ most anticipated films in 2012.6


 September

September 27, 2012 – Although it was already widely known that the upcoming Bond film, Skyfall, was going to be released in IMAX, more news regarding the movie’s relationship with IMAX was revealed. On September 27, 2012, Columbia Pictures announced through the official 007’s Twitter feed that the movie will be released a day early in IMAX theaters. It was also mentioned that the day early release was exclusive to IMAX theaters in the States.7 The studio is building great hype for its upcoming Bond film and expects loyal fans of the franchise to experience the movie in IMAX a day early.

Hotel Transylvania poster, image courtesy of www.imdb.com

September 28, 2012 – Columbia Pictures released the animation feature, Hotel Translyvania. The budget for the film amounted to $85 million. Directed by Genndy Tartakovsky, Hotel Translyvania benefited from a strong voice acting cast made up of talents such as Adam Sandler, Andy Samberg, and Selena Gomez. The movie enjoyed the greatest debut ever for a Columbia Pictures animation feature at $42.5 million in opening weekend, a record that was previously held by The Smurfs at $35.6 million.8 In total, the film earned a worldwide gross of $296.6 million and a domestic gross of $143 million.9


October

Here Comes the Boom poster, image courtesy of www.imdb.com

October 12, 2012 – Columbia Pictures released, Here Comes the Boom, a movie directed by Frank Coraci. Actor Kevin James stars as a biology teacher who enters the world of mixed martial arts in order to raise money for his struggling school. The movie falls under the Comedy genre, but fails to garner enough laughs from both the fans and the studio. In its debut, Here Comes the Boom, only earned about $3.63 million which marked the worst opening in Kevin James’ career. Altogether, the movie made about $42 million domestically and $53.6 million worldwide.10

October 26, 2012 – The highly anticipated, Skyfall, is released in many foreign markets which includes but is not limited to the United Kingdom, France, South Korea, Russia, Brazil, and Belgium. The United States will have to wait another two weeks before Skyfall is shown in theaters. On top of high reviews from critics, the film dominated the markets it was introduced in. In the UK, Skyfall, broke the record for a Saturday theater attendance as well as becoming the 2nd highest grossing film in its opening weekend with a total of #32.3 million made. The film from Columbia Pictures claimed first place in every market it was introduced in during that opening weekend.11


November

Skyfall poster, image courtesy of www.forbes.com

November 11, 2012 – Columbia Pictures finally released, Skyfall, the 23rd Bond film in its domestic debut on November 9, 2012. The movie enjoyed tremendous success internationally, and it did not disappoint domestically during its opening weekend. Director Sam Mendes’ Skyfall with its impressive cast featuring Daniel Craig as Bond, set the highest opening weekend record ever domestically in Bond film history with a total gross of $88.4 million. This is a tremendous increase from the two previous Bond films, Quantum of Solace and Casino Royale, that both featured Daniel Craig as the beloved spy. Also, Skyfall, was shown in IMAX theaters on Thursday due to its early release and made $2.2 million outside the $88.4 million total weekend gross.12 In total (up to December 7, 2012), Skyfall, earned a domestic gross of $249 million and a worldwide gross of $872.4 million. In only twelve days since release, Skyfall, took its place as the highest-grossing Bond film of all time.13 The highly successful Skyfall owes part of its success to the great marketing team in Columbia Pictures. The team was responsible for creating awareness and hype up to the film’s release worldwide. During the 2012 London Olympics, an event that was watched by millions, Bond made a spectacular appearance in the opening ceremonies. People who witnessed the opening ceremonies could not forget the image of Bond and the Queen jumping out of a plane to join the festivities. Bond’s appearance during the opening ceremonies made people realize again how awesome the iconic spy really is. On top of that event, Adele’s song for the movie was supposedly “leaked,” which added to the hype for the film. The song was well received and reached high rankings in billboard charts all over the world.14


December

December 3, 2012 – In the upcoming sequel to, The Amazing Spider-Man (2012), Dane DeHaan who is famous for his role in the movie, Chronicle, is cast as Harry Osborn.

Dane DeHaan, image courtesy of www.mtv.com

Harry Osborn is a huge character in the Spider-Man universe and serves as a friend to Peter Parker as well as an enemy. Director Marc Webb who directed, The Amazing Spider-Man, is also working on the sequel. He revealed Dane DeHaan’s role as Harry Osborn via Twitter. The Spider-Man franchise is significantly and financially important to Columbia Pictures and Sony reserves all rights to the franchise on film despite the character belonging to the company, Marvel, which is now owned by Disney.15


2012 WRAP UP

Columbia/Tristar Pictures enjoyed massive success in 2012 with titles such as: Skyfall, The Amazing Spider-Man, Men in Black 3, Hotel Transylvania, Resident Evil: Retribution, Underworld: Awakening, and 21 Jump Street. The Amazing Spider-Man enjoyed the 2nd largest success after Skyfall with a total gross of $754 million worldwide. The third movie in its franchise, Men in Black 3, followed behind with a total gross of $624 million worldwide. Columbia/Tristar Pictures has the number one market share in North America. There is still one more major film to be released in 2012 which is, Zero Dark Thirty, a film by Kathryn Bigelow. The movie will be released on December 19, 2012.16


References

1. Hoovers Inc. (2012). Columbia TriStar Motion Picture Group. Retrieved November 3, 2012, from Hoovers.com:
http://www.hoovers.com/company-information/cs/company-profile.Columbia_TriStar_Motion_Picture_Group.9a3fb312ea9f08a6.html

2. Sony Pictures Entertainment. (2006). Sony Pictures History. Retrieved March 18, 2012, from Sony Pictures Entertainment Museum: http://www.sonypicturesmuseum.com/studio/history/1

3. Matzer, M. (1998). Sony Is Combining Its TriStar, Columbia Units – Los Angeles Times. Featured Articles From The Los Angeles Times. Retrieved November 7, 2012, from:
http://articles.latimes.com/1998/mar/31/business/fi-34433

4. Senior Management Team. (2012). Sony Pictures. Retrieved October 5, 2012, from:
http://www.sonypictures.com/corp/management.html

5. About Us. (2012). Sony Classics. Retrieved October 15, 2012, from: http://www.sonyclassics.com/about-us/bio-tom-bernard.php

6. James Bond Day Set For October 5. (2012). MTV Movies Blog. Retrieved November 2, 2012, from:
http://moviesblog.mtv.com/2012/08/29/james-bond-day/

7. Billington, A. (2012). Bond’s ‘Skyfall’ Now Set to Open in US IMAX Theaters One Day Early | FirstShowing.net.FirstShowing.net. Retrieved November 3, 2012, from: http://www.firstshowing.net/2012/bonds-skyfall-now-set-to-open-in-us-imax-theaters-one-day-early/

8. Subers, R. (2012). Weekend Report: ‘Hotel Transylvania’ Scares Up New September Record – Box Office Mojo. Box Office Mojo. Retrieved October 26, 2012, from: http://www.boxofficemojo.com/news/?id=3536&p=.htm

9. Hotel Transylvania (2012) – Box Office Mojo. (2012). Box Office Mojo. Retrieved November 3, 2012, from:
http://www.boxofficemojo.com/movies/?id=hoteltransylvania.htm

10. Here Comes the Boom (2012) – Box Office Mojo. (n.d.). Box Office Mojo. Retrieved November 20, 2012, from:
http://www.boxofficemojo.com/movies/?id=herecomestheboom.htm

11. Segars, F. (2012). Foreign Box Office: ‘Skyfall’ Blasts Off Overseas With Massive $78.6 Million. The Hollywood Reporter. Retrieved November 30, 2012, from: www.hollywoodreporter.com/news/foreign-box-office-skyfall-blasts-383848

12. Subers, R. (2012). Weekend Report: ‘Skyfall’ Scores Best Bond Debut Ever – Box Office Mojo. Box Office Mojo. Retrieved November 30, 2012, from: http://www.boxofficemojo.com/news/?id=3565&p=.htm

13. Skyfall (2012) – Box Office Mojo. (2012).Box Office Mojo. Retrieved December 1, 2012, from:
http://www.boxofficemojo.com/movies/?id=bond23.htm

14. Marks, J. (2012). Sony’s marketing team sets up ‘Skyfall’ as one of the best Bond movies ever – West Palm Beach Marketing | Examiner.com. Welcome to Examiner.com | Examiner.com. Retrieved December 2, 2012, from:
http://www.examiner.com/article/sony-s-marketing-team-sets-up-skyfall-as-one-of-the-best-bond-movies-ever

15. ‘Amazing Spider-Man 2’ Casts Dane DeHaan As Harry Osborn – Music, Celebrity, Artist News | MTV.com. (2012).New Music Videos, Reality TV Shows, Celebrity News, Top Stories | MTV. Retrieved December 2, 2012, from:
http://www.mtv.com/news/articles/1698274/amazing-spiderman-2-dane-dehaan.jhtml

16. SONY PICTURES ENTERTAINMENT SCORES BIGGEST YEAR EVER AT GLOBAL BOX OFFICE, PASSING $4 BILLION FOR FIRST TIME IN STUDIO HISTORY AS SKYFALL™ BECOMES THE BIGGEST BOND OF ALL TIME. (2012).Sony Pictures. Retrieved December 4, 2012, from:
http://www.sonypictures.com/corp/press_releases/2012/11_12/111812_skyfall.html