2:02:00 AM
.
[Culver City, CA – May 11, 2017]
Sony Corporation today announced that Anthony Vinciquerra will become
Chairman and Chief Executive Officer of Sony Pictures Entertainment
(SPE), starting on June 1 and reporting to Sony Corporation President
and CEO Kazuo Hirai. Vinciquerra will replace SPE Chairman and CEO
Michael Lynton, who announced in January that he would step down this
spring. Vinciquerra will oversee the studio's corporate groups and its
lines of business: SPE's Motion Picture Group, Sony Pictures Television
and SPE's Worldwide Media Networks division.
Vinciquerra comes to
Sony Pictures with deep experience in the media, entertainment and tech
spaces. He is currently Senior Advisor to Texas Pacific Group in the
Technology, Media and Telecom sectors, where he has focused on TPG's
Capital, Growth and Opportunity investing arenas, as well as digital and
emerging technologies and their impact on the distribution and
consumption of film and TV content. Prior to TPG, Vinciquerra spent
almost 10 years at Fox where he served as Chairman and CEO of Fox
Networks Group, the largest operating unit of News Corporation. Before
Fox, Vinciquerra was with Hearst Corporations broadcasting group and
CBS's television group.
"Tony is a proven, results-oriented leader
with extensive experience running and driving growth in large, complex
media and entertainment businesses," said Hirai. "His operating skills,
effectiveness working with creative teams and expertise in managing
digital disruption and new technologies make him the perfect choice to
lead SPE, and build on the studio's turnaround efforts to date. I want
to thank Michael for his years of service and dedication to the success
of our entertainment businesses, and for his commitment to our CEO
search and this transition."
"I am thrilled to be joining SPE at
such an exciting and dynamic time for the studio, and for the industry
as a whole," said Vinciquerra. "Everything about how we produce,
distribute and consume content is changing, and I see tremendous
opportunities working with the enormously talented teams at SPE, Sony
Corp and the other Sony companies. I want to thank Kaz for giving me
this opportunity and I look forward to hitting the ground running."
"Tony's
breadth of experience spanning media, tech and entertainment will
enable him to expertly lead SPE and its multi-faceted lines of
business," said Lynton. "After 13 extraordinary years, I know SPE, its
strengths and its culture, and I am confident that Tony will make a
terrific leader who will take the studio to new heights."
Prior to
his time at TPG, Vinciquerra spent almost 10 years at Fox (2001-2011)
where he served as Chairman and CEO of Fox Networks Group, the largest
operating unit of News Corporation that includes the Fox Television
Network, Fox Cable Networks, Fox Sports, Fox International Channels, the
related on-line businesses of those units and Fox Networks Engineering
& Operations. He managed all operations, both tactically and
strategically, of those units. He also had oversight of the News
Corporation ownership interests in professional baseball, basketball,
hockey teams, large scale arenas and concert venues.
Vinciquerra
joined Fox in December 2001 as President of Fox Television Network. He
was named President and Chief Executive Officer of Fox Networks Group in
June 2002 and Chairman in September, 2008. He retired from those
positions in 2011.
Prior to that, Vinciquerra was Executive Vice
President and Chief Operating Officer of Hearst-Argyle Television
(1997-2001); Executive Vice President of CBS's television group
(1995-1997); President and General Manager of KYW-TV in Philadelphia
(1993-1995); and General Sales Manager and Vice President and Station
Manager of WBZ-TV in Boston (1986-1993).
Vinciquerra holds a
number of board seats including Board Director, Univision
Communications, Inc.; Founding Board Director, STX Entertainment; Board
Member Qualcomm; Board Member, Pandora Media; Board Advisor, True Car;
Board Advisor, Tastemade.com; Board Advisor, IFLix. He has also held board positions at Direct TV and at Motorola.
He was also elected to the Broadcasting and Cable Hall of Fame 2009.
About Sony Pictures Entertainment:
Sony Pictures Entertainment (SPE) is a subsidiary of Sony Entertainment
Inc., a subsidiary of Tokyo-based Sony Corporation. SPE's global
operations encompass motion picture production, acquisition and
distribution; television production, acquisition and distribution;
television networks; digital content creation and distribution;
operation of studio facilities; and development of new entertainment
products, services and technologies. For additional information, go to http://www.sonypictures.com. SPE includes the Sony Pictures Motion Picture Group, Sony Pictures Studios, and Sony Pictures Television.
