Sony 2007 Annual Report Download - page 24

Download and view the complete annual report

Please find page 24 of the 2007 Sony annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 117

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117

21
Sony United
Sony Pictures Entertainment Inc. (SPE)
has achieved great success with
numerous motion pictures, including the
Spider-Man series, The Da Vinci Code
and Casino Royale, as well as with
television programming around the
world, and other businesses. Michael
Lynton, Chairman and CEO of SPE,
gives his view on earnings for the fiscal
year ended March 31, 2007, as well as
business strategies going forward.
Pictures: An Interview with Top Management
Hit movies and popular programs led to
strong performance in both the motion
picture and television businesses
Obviously the fiscal year was fantastic for the studio. Could
you elaborate on this success?
First of all, it’s worth noting that we did really well without
Spider-Man, which demonstrates the power and viability
of our diverse film slate, though we have the good fortune
of releasing Spider-Man 3 this year.
Thanks to the efforts of my co-chairman, Amy Pascal,
and many others in our Motion Picture Group, there were
many movies that performed extremely well and
contributed to the bottom line. The Da Vinci Code was
obviously a big success for us. Click also did very well, as
did Casino Royale. The Pursuit of Happyness was very
gratifying because it succeeded in both the U.S. and
international box offices, which is not common for a U.S.-
based drama. We also launched Sony Pictures Animation’s
debut film, Open Season, and it did quite nicely in a market
where there’s strong competition.
Michael Lynton
Chairman and CEO
Sony Pictures Entertainment Inc.
Michael Lynton joined The Walt Disney Company in 1987,
where he created Disney Publishing Company and served
as its President. From 1992–1996, he was President of
Hollywood Pictures, a division of The Walt Disney Company,
after which he joined the international media company
Pearson plc, where he was Chairman and CEO of Pearson’s
Penguin Group from 1996–2000. Between 2000 and 2004,
he served in several positions, including President of Time
Warner International, President of AOL International and CEO
of AOL Europe. He became Chairman and CEO of Sony
Pictures Entertainment Inc. (SPE) in January 2004 and
currently manages SPE’s overall global operations, which
include motion picture, television and digital content
production and distribution, worldwide television channel
investments and the development of new entertainment
products, services and technologies.