🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

Sony Pictures taps Tom Rothman to run motion picture group

Published 24/02/2015, 18:30
© Reuters.  Sony Pictures taps Tom Rothman to run motion picture group
SONY
-

LOS ANGELES (Reuters) - Sony Pictures Entertainment on Tuesday named long-time industry executive Tom Rothman as chairman of its motion picture group after Amy Pascal leaves the post in the wake of embarrassing emails.

Rothman, 60, has been chairman of TriStar Productions, a joint film and television venture with Sony, since 2013. He previously was at Fox Filmed Entertainment, where he was involved in bringing "Titanic" and "Avatar," the two top-grossing films of all time, to the screen.

The entertainment arm of Sony Corp said that Michael Lynton would remain its chairman and chief executive officer under an extension of his contract. Rothman will report directly to him.

"Tom's creativity, strong talent relationships and track record of enduring films and commercial success are unparalleled in this industry and exactly what we are looking for to grow our film business," Lynton said in a statement.

Pascal and Lynton announced this month that she was stepping down as studio chief and moving in May to a production deal on the lot with Sony's financial backing.

The executive shuffle comes after hackers launched a devastating cyberattack on the studio in November, angered by the Sony Pictures comedy "The Interview," which depicts the fictional assassination of North Korean leader Kim Jong Un.

Pascal, who championed the film, suffered a huge setback when the hackers leaked damaging emails between her and other Hollywood executives.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.