Correcting reports online that the studio was exiting the sitcom business, Sony Pictures Entertainment chairman and CEO Tony Vinciquerra clarified at BofA’s remote conference that the company…
clarified at BofA’s remote conference that the company was “significantly in the comedy business, to be very clear” — just not so much on the broadcast side.
“For broadcast networks, the model just doesn’t work where the broadcast network would pay a fee for the show that is significantly less than the production cost for that show is, and then we have to monetize it around the world,” said Vinciquerra. “That what’s we’ve taken the emphasis off of, and put more emphasis on the streaming side.”
One particular game show currently filming on the Sony lot was expected to shoot 12 episodes across four days, but wound up shooting 17. Another Sony-produced game show in New York filmed 26 half-hour episodes in five days.Production has recently ramped up aggressively on the TV side, said Vinciquerra, and that Sony is selling a great deal of shows and “feeling good about it.”
“What we won’t do is make the mistake of putting a very, very expensive $200 million movie on the market unless we’re sure theaters are open and operating at a significant capacity,” he said. “We’ve changed our release schedule pretty dramatically.”
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