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    Sony Pictures Entertainment to Lay Off Hundreds in Massive Reorganization Across TV, Film and Corporate

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    19 Comments

    1. drippinswagu69 on

      About time. Sony has been failing upwards in the box office for some time now

    2. Swing-Full on

      Yeah the Death of TV is really screwing Hollywood

      It’s their own fault, in their arrogance and looking for a quick buck they liscened their products to Netflix thinking it was just a dumb nerdy internet thing. It destroyed normal TV and DVDs. In a very short amount of years.

      And it was. At the time. They made a horrible mistake. Oh well, can’t put the toothpaste back in the tube.

    3. Dazzling-Slide8288 on

      Suspect high-salary executives who made poor management decisions aren’t getting touched.

    5. mikeyfreshh on

      I’m curious if Sony is exploring the possibility of selling off its entertainment division, especially after what WB just got. I’d have to assume Netflix is in the market for Spider-Man and Ghostbusters

      Edit: As the comments have pointed out, it’s unclear if Spider-Man would be included in any Sony sale. They also have Men in Black, Jumanji, and a handful of other franchises for what that’s worth

    6. joelvandekieft on

      Don’t worry, we’ll still get plenty of bad Spider-Man spinoffs

    7. cannot_walk_barefoot on

      As much as Sony sucks at making some movies, I hope they don’t sell. Even more of a monopoly in Hollywood/TV will mean the end of it within a decade. 

    10. RepresentativeArtist on

      They have Spider-Man and Jumanji both coming out this year that together will likely net $2.5-$3 billion between them. Fuck these greedy corporate hacks.

    11. RagnarokNCC on

      Bummer. Their animation division has been on a heater lately. Needed a top-level sweep and some folks who could really use those resources. Not layoffs.

    17. ArtemisiaR on

      The executives caused this. They screwed up the spiderverse and sold Kpop which is a 1B ip for 20m.

    19. Riversntallbuildings on

      They should sell themselves to Netflix now that NFLX walked away from WB.

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