Sony Pictures

Posted on April 25, 2016 by Ruby Johnson

10202 West Washington Boulevard, Culver City, California

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].

Sony Pictures Plaza in Culver City, CA

FINANCIALS

As of April 17^th, 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 28^th, 2016 at 4:45 PM [5]. On January 29^th, 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 24^th, 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 24^th 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 16^th 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 11^th, 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 5^th 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 20^th. 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 7^th, 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].

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 11^th, 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.

[20] The Angry Birds Chirp With Big Promo Partners McDonald’s, Citroen. Deadline. Retrieved April 25, 2016.

[21] Upset about an all-female ‘Ghostbusters’? Screenwriter Katie Dippold makes no apologies. LA Times. Retrieved April 25, 2016.

[22] Judge Approves Settlement in Sony Pictures Hacking Case. Billboard. Retrieved April 25, 2016.

[23] Sony Pictures Consumer Marketing Teams Up with Hip-Hop Icon and Entrepreneur NAS for Nas x Ghostbusters Fashion Collection. PR Newswire. 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.

[26] Sony Pictures Teases The Dark Tower, MIB 23, Passengers and More at CinemaCon. Comingsoon.net. 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.

Relativity

Posted on April 17, 2015 by Nicholas Matarazzo

by Nicholas Matarazzo

[1] Relativity Media Logo

HISTORY

Relativity Studios, or simply Relativity, consists of the film and television divisions of Relativity Media LLC. Founded by Ryan Kavanaugh in 2004, the company has produced, distributed and structured financing for over 200 feature films garnering 60 Oscar® nominations. Led by President and Chairman Tucker Tooley and President of Production Robbie Brenner, Relativity has released No. 1 box office openers such as Immortals, which grossed $83 million domestically [2], and produced Academy Award Winning films such as the Internet biopic The Social Network (2010) and The Fighter (2010).

[2] "The Social Network" is one of Relativity's most critically acclaimed films, winning Best Adapted Screenplay, Best Original Score, Best Film Editing at the 2011 Academy Awards.

[3] “The Social Network” is one of Relativity’s most critically acclaimed productions, winning Best Adapted Screenplay, Best Original Score, Best Film Editing at the 2011 Academy Awards.

Relativity produces films for large audiences both foreign and domestic, which provide entertainment for a wide variety of target audiences and demographics. With genres ranging from heart-felt romantic dramas to action packed, adrenaline filled thrillers, Relativity strives to bring premium feature films to theaters all over the globe. Some of Relativity Studios’ most successful films include Limitless (2011), starring Bradley Cooper, and Mirror Mirror (2012), starring Julia Roberts.

In addition to film production Relativity also houses both financing and distribution divisions, equipping itself as a fully fledged vertically integrated company. The company has the resources to finance, produce and distribute a film from start to finish and has done so even more effectively since 2010 when the company absorbed the marketing and distribution holdings of Overture Films.

KEY EXECUTIVES

[4] Ryan Kavanaugh, CEO of Relativity Media

[5] Tucker Tooley, President and Chairman of Relativity Media

[6] Robbie Brenner, President of Production of Relativity Studios

FINANCIALS

Relativity ranks 9th in overall film distributor companies, owning 2.5% of the total market share as of April 12, 2015. The company’s total gross is $73.6 million with 4 films released thus far in 2015 [7]. Relativity has improved in market share from the previous year, ranking 9th with 1.8% market share and grossing $186.5 million with its 8 films that were released in 2014 [8]. Relativity saw a 22.7% decrease in gross between 2013 and 2014 due in large part to the lack of success of the McG action flick Three Days to Kill [9].

IN THEATERS

“Desert Dancer” (2015)

[10] “Desert Dancer” is biographical drama based on the cultural repression of Afshin Ghaffarian, an Iranian dancer.

The biographical story depicts the life of Afshin Ghaffarian, a dancer who fled Iran in 2009 due to cultural repression. The film originally debuted at the Cannes Film Festival in Cannes, France in May of 2012. In 2013, the distribution rights were acquired by Relativity at the American Film Market and the film was slated for release in the spring of 2015. In limited release, the film opened on April 10, 2015, in 23 theaters in the US. The film has a current domestic gross of just under $60,000, as of April 16th, 2015 and will move to expanded release on the 17th [11]. Andy Webster of the New York Times says “The fictionalized biopic “Desert Dancer” explores fascinating aspects of present-day Iran but suffers mightily from simplistic and sentimental tendencies” [12].

SPRING 2015 RELEASES

“Black or White” (2015)

Starring Academy Award Winners Kevin Costner and Octavia Spencer, "Black or White" follows a young girl caught in a custody battle, mixed within racial qualms of two seemingly different families.

[13] Starring Academy Award Winners Kevin Costner and Octavia Spencer, “Black or White” follows a young girl caught in a custody battle, mixed within racial qualms of two seemingly different families.

The heart felt drama was released on January 30, 2015, and saw a domestic gross of $21.5 million. In it’s opening weekend, Black or White ranked third among weekend releases, opening in 1,823 theaters, and averaged $3,408 per theater, attributed to 28.9% of the total domestic gross. Against a production budget of $9 million, the film failed to make budget in its first weekend with a $6.2 million weekend gross [14]. The film received mediocre acclaim for it’s simple and overly-stereotypical characters, and failed to live up to the promised look at the diverse world the audience is brought in to. With a 37% rating on the website Rotten Tomatoes (from 83 reviews) [15], and 45 out of 100 rating on Metacritic [16], it appears that the “inspired by true events” drama garnered average reviews at best. Says the critic consensus on Rotten Tomatoes “”Black or White” has more on its mind than your average family drama, but the film’s approach to its thought-provoking themes too often lives down to its title.” [17]

“The Lazarus Effect” (2015)

Released on February 27, 2015, this horror-thriller starring Olivia Wilde, opened at No. 5 on the weekend box office. The Lazarus Effect, opened in 2,666 theaters; the film averaged $3,827 per theater and grossed a weekend total of $10.2 million which made up 40.1% of the total gross [18]. Despite a strong weekend opening against a production budget of $3.3 million, the film’s success was short lived due to poor critic reviews. Critical consensus on the popular website Rotten Tomatoes said “”The Lazarus Effect” has a talented cast and the glimmer of an interesting idea, but wastes it all on insipid characters and dull, recycled plot points” which is no surprise given its 14% rating [19].

UPCOMING

“Masterminds” (2015)

Originally titled Loomis Fargo, and based on the true story of the 1997 Loomis Fargo robbery, in which a vault supervisor for the bank stole $17 million and fled to Mexico, Masterminds is the latest comedy from Napoleon Dynamite director Jared Hess. The film stars Zach Galifianakis, Owen Wilson, Kristen Wiig, Jason Sudeikis, Ken Marino, Kate McKinnon, and Leslie Jones. Eastbound & Down producers Jody Hill and Danny McBride both worked on the script and executive-produced [20].

PROJECTIONS FOR RELATIVITY

With few releases slated for in the first half of 2015 and even fewer in the coming months Relativity is looking at yet another decrease in total gross. Looking forward, it appears that the amount of pressure on such upcoming summer releases as Masterminds, Big Game, and Jane Got a Gun is becoming more apparent. It’ll be interesting to see how the rest of the year pans out for Relativity, heading into a shaky second quarter, after a not so strong first.

SOURCES

[1] Relativity Media Logo Relativity Media Retrieved April 10 2015

[2} Box Office by Studio: Relativity Box Office Mojo Retrieved April 10 2015

[3] The Social Network Movie Poster IMP Awards Retrieved April 10 2015

[4] Ryan Kavanaugh Relativity Media Retrieved April 10 2015

[5] Tucker Tooley Relativity Media Retrieved April 10 2015

[6] Robbie Brenner Relativity Media Retrieved April 11 2015

[7] Studio Market Share: Yearly Comparison Box Office Mojo Retrieved April 11 2015

[8] Studio Market Share: 2014 Box Office Mojo Retrieved April 11 2015

[9] Studio Market Share: 2013 Box Office Mojo Retrieved April 11 2015

[10] Desert Dancer Movie Poster Movie Insider Retrieved April 11 2015

[11] Gross Domestic Box Office Results: Desert Dancer Box Office Mojo Retrieved April 12 2015

[12] Review: Desert Dancer New York Times Retrieved April 12 2015

[13] Black or White Movie Poster Mixed Nation Retrieved April 12 2015

[14] Total Gross Box Office Results: Black or White Box Office Mojo Retrieved April 12 2015

[15] Review: Black or White Rotten Tomatoes Retrieved April 12 2015

[16] Review: Black or White Metacritic Retrieved April 13 2015

[17] Review: Black or White Rotten Tomatoes Retrieved April 13 2015

[18] Total Gross Box Office Results: The Lazarus Effect Box Office Mojo Retrieved April 13 2015

[19] Review: The Lazarus Effect Rotten Tomatoes Retrieved April 13 2015

[20] 2015 Preview: Masterminds Rolling Stones Retrieved April 13 2015

Universal Pictures

Posted on October 28, 2013 by Lukas Lamble

By Luke Lamble

Universal Pictures logo

History

Founded in 1912, Universal Pictures, Inc. is the oldest American movie studio and continues to be a leader in the world of motion picture production and distribution. [1] In 2004, General Electric bought Universal Pictures. [2] GE sold all of its control of Universal in 2011 to the cable provider, Comcast, creating NBCUniversal. Universal Pictures still operates as the movie production subsidiary. [3] In 2012 alone, Universal has produced a diverse selection of award-winning movies such as the film production of Les Misérables and the comedy hit, Ted. [4]

Key Executives [5]

Ron Meyer (nbcumv.com)

Ron Meyer – Vice Chairman, NBCUniversal

Meyer served as President and COO of Universal Pictures since 1995 before being made Vice Chairman of NBCUniversal in September 2013. He currently oversees all facets of the company, while still managing its portfolio of film assets amongst others

Donna Langley (nbcumv.com)

Donna Langley – Chairman, Universal Pictures

Langley began working at Universal in 2001 as the senior vice president of production. After being named Chairman of Universal Pictures in September 2013, she assumed the role of overseeing the production and distribution of the company’s feature films.

Suzanne Cole (nbcumv.com)

Suzanne Cole – Executive VP, Media, Universal Pictures

Since the beginning of her tenure at Universal Pictures, the studio has experienced some of its most lucrative successes. Because of this success, Cole was named Executive Vice President of Media in 2008. She now oversees all strategic activities for the marketing and distribution of the studio’s feature films.

Financials (all numbers in millions)

Recent years have been good for Universal Pictures and its parent NBCUniversal. From 2011 to 2012, revenue for NBCUniversal grew by almost $5,000, from $19,028 to $23,812. Filmed entertainment was responsible for approximately 21% of the total revenue in 2012, generating $5,159. That was up from $4,239 generated by Universal Pictures in 2011. [6]

NBCUniversal logo

In regards to how Universal Pictures measured up against the five other major movie studios, so far in 2013, Universal holds a 14.6% market share amongst all the studios, placing it second behind Warner Brothers. This year Universal Pictures has grossed $1,329.3 from the release of 13 movies. [7]

Competition

The main concern for NBCUniversal and Universal Pictures right now is the new technologies that are affecting traditional media production and distribution methods. This is referring mainly to companies like Netflix and Hulu that syndicate video programming online. A growing concern is that these companies and others like them are beginning to create and obtain their own original content. [8]

Recent Film Releases

Universal Pictures has developed a reputation for having great success with movie franchises with such iconic franchises such as Back to the Future, Jurassic Park, and the Bourne series. [9] In 2013, Universal stuck with this trend and reaped the benefits of new installments in the Despicable Me and Fast & Furious series, amongst an eclectic mix of other successful films. [10]

The Best Man Holiday

A sequel to 1999’s The Best Man, The Best Man Holiday picks right up with the old college friends from the The Best Man, as they all reconvene for some Christmas celebrations. Amidst all the fun times, sparks of old romances begin to rekindle and old rivalries that had faded away over time arise again. Taye Diggs, Terrence Howard, Morris Chestnut, Monica Calhoun, and Regina Hall star in this quintessential holiday comedy-drama written and directed by Malcolm D. Lee. [11]

The Best Man Holiday (vibe.com)

Released on November 15, 2013, in just three days The Best Man Holiday has nearly doubled its budget so far, bringing in $32,536,350. That’s also $6.5 million over the $24 million it was projected to earn. [12] Tagged as “just another black comedy,” The Best Man Holiday has not only offered more evidence that generally black films can succeed, but that this is no typical movie by any sense, except for the fact that it is generally crowd-pleasing. (No particular race or age group dominantly represents itself in the film’s audience demographics). In fact, CinemaScore even gave the movie an A+, an extremely rare feat for any film. [13]

Despicable Me 2

Gru (Steve Carell), a former master villain, has settled into family life after adopting and coming to love his three daughters, but peace and quiet is not lasting for the villain-turned-hero, as he is called upon to save the world from a new super-villain. And just as the world needs Gru’s help, so does his eldest daughter who has fallen for a classic bad-boy and an inevitable source of heartbreak. Kristen Wiig and Benjamin Bratt star alongside Carell in this story of one former villain’s attempt to be a hero for the world and for his own family. [14]

Despicable Me 2 (ropeofsilicon.com)

The original Despicable Me (2010) was a tremendous release for Universal, ranking seventh all-time amongst its highest grossing movies by bringing in $251,513,985 domestically. On July 3, 2013, Despicable Me 2 was released and has shattered that record, becoming the all-time highest grossing movie for Universal Pictures with $365,943,520 of domestic revenue. This income has far surpassed the film’s production budget of $76 million, and that’s not even factoring in its performance in the worldwide box office. To the delight of the studio, 60.1% of the movie’s total revenue came from foreign releases, grossing $550,100,000 worldwide. All in all, Despicable Me 2 has brought in $916,043,520 for Universal Studios, and subsequently, is still playing in 305 theaters across the U.S. [15]

Fast & Furious 6

The very CIA agent who has been trying to track them down in order to defeat a new crew of criminal drivers who are causing chaos in twelve countries across the world calls upon refugees of the law. In an effort to be pardoned from the charges against themselves, Dom and Brian (Vin Diesel and Paul Walker) get their old gang of expert drivers back together to take to the streets of London and defeat these mercenary drivers. Vin Diesel, Paul Walker, and Dwayne “The Rock” Johnson star in this pedal-to-the-metal thriller. [16]

Fast & Furious 6 (teaser-trailer.com)

The sixth film in the Fast & Furious series was the most successful installment to date for the studio, becoming its ninth highest grossing film of all time, and reaping in the most revenue of all the Fast & Furious films. Fast & Furious 6 generated $238,679,850 for Universal, making it the second highest grossing film of 2013 behind Despicable Me 2. In the worldwide box office, Fast & Furious 6 brought in another $550 million, bringing its total gross to a lofty $788,659,850. Given the $160 million budget, Universal Pictures had another major box office winner with this film. [17]

What’s to Come from Universal Studios

Fast & Furious 7

Fast & Furious 7 (hitfix.com)

Just a little over a year after Fast & Furious 6 came out, the seventh is already on its way, slated for a July, 2014 release date. This time, the brother of the defeated world-criminal from Fast & Furious 6 has come onto the scene seeking revenge for his brother’s death. [18]

Ted 2

Ted 2 (collider.com)

Universal Pictures also has plans to release the sequel to its wildly successful, raucous comedy Ted. However, Universal did not produce the original, but acquired the rights to it and distributed it as a Universal Pictures film. Despite not having the rights yet, the studio is confident it will be able to secure them and go forward with production of the sequel. [19]

Sources

[1] Universal Pictures History

[2] NBC and Vivendi Universal Entertainment Unite to Create NBC Universal