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Sony to bring Pictures, TV division under one roof
MUMBAI: Sony Pictures TV is set to merge international TV operations to bring its television networks, home entertainment and distribution businesses together. This shuffle may lead to some job cuts, with many senior executives from Sony having already departed.
Sony Pictures TV chairman Mike Hopkins has reportedly sent out an email to the staff informing them of the company’s plans of merging the businesses, which so far have been operated separately.
“The aim is to bring together the various and often quite disparate, divisions, and to create a stronger and more agile organisation, one that is better able to pivot and capitalise on opportunities in a fast-changing and increasingly complex global marketplace,” Hopkins wrote in the email, according to a report on Advanced Television.
He went on to add that the new territory management model brings together businesses that have been historically separate.
“With this approach, we gain a more efficient structure giving regional leaders, along with their direct reports in each country, the ability to make smart, strategic business decisions, while keeping local consumers at the core of what we do,” he wrote.
Hopkins was named chairman of Sony Pictures TV in October 2017 after running the streaming video service Hulu as its chief executive officer for four years.
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