Sony 2001 Annual Report Download - page 42

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Sony Corporation Annual Report 2001
40
STRONG TELEVISION PERFORMANCE
In Television, our performance was driven by growth opportunities in international markets and our popular
game show and soap opera formats.
Columbia TriStar Television delivered strong earnings from our
Wheel of Fortune
and
Jeopardy!
game
shows and
Days of Our Lives
and
The Young & The Restless
soap operas. We also remained the leading
independent program supplier in North America, with 34 programs on the air – including
Family Law
,
The
King of Queens
, and the Lifetime Networks hit,
Strong Medicine
.
In just six years, our international channels business has grown to 37 network ventures worldwide,
making it a leading distributor and creating substantial corporate value for SPE. SPE is now the #1 sitcom
supplier in Germany, and we own the top-rated cable networks in India and Brazil.
Telemundo Group, partially owned by Sony, is the fastest growing Spanish-language network in the
United States. Also, we sold a 50% stake in the Game Show Network to Liberty Digital, Inc. for $275 million
in cash and stock, and together we intend to make it the first fully interactive, 24-hour game show channel.
THE DIGITAL & BROADBAND ENTERTAINMENT FUTURE
As a key asset in Sony’s broadband portfolio, Sony Pictures Digital Entertainment (SPDE) oversees computer-
generated imaging and digital content creation for motion picture, television, and online markets.
SPDE is preparing to launch two revolutionary broadband services: Moviefly, a partnership with other
studios, will allow consumers to download movies to personal computers, and Screenblast will help PC users
create entertainment content and share it electronically.
Imageworks, SPE’s visual effects company, received its third Academy Award® nomination this year, for
work done on
Hollow Man
.
Sony Online Entertainment (SOE) proved to be an internet business success story.
EverQuest
has
become the internet’s top-ranked multi-player game, with more than 360,000 subscribers paying a monthly
fee. SOE is now developing
Star Wars Galaxies
with LucasArts Entertainment Company LLC for release in
calendar year 2002.