Production House
Sony Pictures to cut hundreds of jobs in global business overhaul
Studio shifts focus to anime, gaming IP and franchises amid industry churn
MUMBAI: Sony Pictures Entertainment is set to cut a few hundred jobs globally as part of a broader effort to realign its business with changing audience habits and growth areas, according to media reports.
The layoffs will span the company’s film, television and corporate divisions, reflecting a wider reset underway across Hollywood as studios adapt to rising costs and the steady shift away from traditional television to digital-first content.
Sony Pictures Entertainment chief executive Ravi Ahuja said the company is repositioning itself for future growth. “Over the past year, we have sharpened our strategy and clarified where we believe the greatest opportunities exist. To support our growth, we are aligning our organisation with where the business is going, not where it has been. That requires changes to how we are structured and where we invest,” he noted.
The restructuring comes with a clear strategic pivot. Sony is doubling down on high-growth segments such as anime through Crunchyroll, as well as adaptations of popular PlayStation titles like God of War and Helldivers. Franchise-led storytelling and known intellectual property are increasingly central to its content playbook.
Leadership changes are also part of the shake-up. Game Show Network president John Zaccario is set to exit, signalling a broader recalibration within legacy television operations.
The move mirrors an industry-wide trend, with major studios trimming costs while investing more selectively in scalable, globally resonant content. As streaming matures and audience preferences evolve, the emphasis is shifting from volume to value.
For Sony Pictures, the message is straightforward. Fewer roles, sharper focus, and a stronger bet on franchises that travel well across screens and markets.
Production House
3B Films appoints Niki Tiwari as company secretary after Urvi Poriya exit
Board clears key compliance changes, postal ballot and scrutiniser role
MUMBAI: 3B Films Limited has appointed Niki Tiwari as its new company secretary and compliance officer, following the resignation of Urvi Poriya.
The decision was approved at a board meeting held on April 6, 2026. Tiwari’s appointment takes immediate effect, bringing in over a decade of post-qualification experience in corporate compliance and governance.
Poriya, a qualified company secretary, has stepped down from the role with effect from March 10, 2026. The company did not disclose further reasons beyond the formal resignation.
Alongside the leadership change, the board also approved the issuance of a postal ballot notice to seek shareholder approval on key matters. The company secretary has been authorised to oversee the process and ensure regulatory compliance in line with guidelines issued by the Securities and Exchange Board of India.
In a related move, the board appointed Kushal Rao, practising company secretary at K H Rao & Co, as the scrutiniser for the postal ballot process, including e-voting, to ensure a fair and transparent exercise.
The developments were confirmed in a communication signed by Ashokbhai Dhanjibhai Babariya, chairman and managing director of the company.
The changes reflect routine corporate governance updates, but also underline the company’s focus on strengthening compliance and shareholder engagement processes as it moves forward.
