Sony 2007 Annual Report Download - page 41

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38
Sony Pictures
19%
New Line
3%
Other
8%
Buena Vista
17%
Fox
17%
Paramount
11%
Warner Bros
12%
MGM
2%
Universal
11%
In the Entertainment business, Sony is primarily engaged in motion picture and
television production and distribution, music recording and music publishing. Enjoying
leading industry positions in many of its businesses, Sony Pictures Entertainment
Inc. (SPE) is comprised of its motion pictures, television programming, home
entertainment and digital entertainment businesses. Sony Music Entertainment (Japan)
Inc. (SMEJ) and SONY BMG MUSIC ENTERTAINMENT, a joint venture with Bertelsmann
AG, are engaged in the music recording and distribution businesses, producing many
hit songs and award-winning artists. Sony/ATV Music Publishing is engaged in the
acquisition and exploitation of musical copyrights.
PICTURES
http://www.sonypictures.net/
With a focus on financial discipline, content diversity, technology and global growth, Sony
Pictures Entertainment Inc. (SPE) experienced substantial success in the fiscal year ended
March 31, 2007, with sharp increases in both revenue and operating income.
The motion picture division had its best year ever in calendar year 2006, with more than
$1.7 billion in ticket sales in North America, making it No. 1 in Hollywood1 and breaking the
all-time industry box office record. The studio also had its best year ever internationally, with
more than $1.6 billion in ticket sales.
The studio’s diverse slate of successful films included The Da Vinci Code, Casino Royale,
Talladega Nights: The Ballad of Ricky Bobby, The Pursuit of Happyness and Click. SPE had
an industry record of 13 films opening No. 1 in North America.
Sony Pictures Television (SPT) continued to have the No. 1 and No. 2 U.S. daytime television
dramas and syndicated game shows2, and remained the No. 1 producer of original scripted
series for U.S. basic cable.3 The King of Queens, The Shield and Rescue Me entered their
9th, 7th and 4th seasons, respectively, in the fiscal year ended March 31, 2007. The division
also produced made-for-television movies, including Broken Trail for American Movie Classics,
which became that network’s highest-rated movie ever and garnered three Golden Globe®
nominations.
SPT won contracts to produce 11 pilots for U.S. cable and broadcast networks for the
2007–2008 season, and during the 2006–2007 season launched two promising new
comedies: RULES OF ENGAGEMENT on CBS and ’til Death on FOX. SPT also expanded its
advertiser sales business and began providing Internet advertising services for SPE and
SONY BMG in the fiscal year ended March 31, 2007.
Sony Pictures Television International remains a leader among Hollywood studios in the
international distribution of current and classic films and television programs as well as the
production of local language programming, and continues to grow its international channels
business, which now includes 40 cable and satellite networks, broadcasting in 19 languages
into more than 130 countries.
North America Theatrical Box Office
Revenue Market Share
(Calendar Year 2006)
Entertainment