Sony to merge TV divisions
EmptySony Pictures Entertainment is consolidating its domestic and international television divisions, effective April 1.
The new unit will be run by Sony domestic TV topper Steve Mosko, president of Sony Pictures Television, which will be the name of the combined operation.
Michael Grindon will continue as president of international television, reporting to Mosko.
"This is a case of one plus one equaling three or more," Sony Pictures chairman and CEO Michael Lynton said.
Sony Pictures co-chairman Amy Pascal praised Mosko for "taking a U.S. television division that was virtually on life support not so many years ago and turning it into a strong and growing business for our studio."
Syndication veteran Mosko joined SPE in 1992 as vp of the Western region for then-Columbia TriStar TV Distribution. He was given the reins of Sony's U.S. TV operations during a massive restructuring in 2000 and has overseen the indie TV studio's slate of network, cable and first-run syndication series and original movies as well as the studio's interests in FearNet, Crackle.com, GSN and ITN Networks. He recently shepherded the acquisition of reality TV companies 2waytraffic and Embassy Row.
The domestic and international businesses "are naturally intertwined," Mosko said.
The integration will allow Sony "to create quality entertainment with international appeal, to act more quickly in response to an evolving global market for entertainment and to grow our production and distribution business globally," he said.
Sony Pictures' international TV division operates over 50 television networks in more than 130 countries, reaching over 400 million households. It produces over 9,000 hours of programming in 13 languages in over 30 countries, including successful local versions of U.S. series such as the Russian adaptations of "The Nanny" and "Married ... With Children." (partialdiff)