Sony Chairman Tom Rothman Paddles Upstream To Keep Focus On Traditional Cinema — Deadline Disruptors

Sony Chairman Tom Rothman Paddles Upstream To Keep Focus On Traditional Cinema — Deadline Disruptors
From the time he stepped in as chairman of Sony’s Motion Picture Group in 2015, Tom Rothman has heard the rumors that Sony would eventually sell because it didn’t have a streaming service or the scale to compete with its behemoth rivals. Universal, Warner Bros., Disney and Paramount battle it out with him at the box office, but Rothman’s studio is the only one that hasn’t spent a fortune building a streaming arm that factors into the decisions he makes.

Still, Rothman is bullish on his studio’s chances, even before Netflix reports a 200,000-subscriber loss, prompting its stock to drop 35 percent and costing it 50 billion of its market cap.

Deadline: You’re a Disruptor by being the only major studio head without the cushion of streaming service subscriptions, and you’re making it work. You’re a throwback to a model you used for decades at Fox,
See full article at Deadline »

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