Breaking News Sony might Sell TV movies business including Spiderman Ghostbusters

Otaku

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On the heels of Sony CEO Kaz Hirai stepping down, industry experts estimate the company’s film and television assets could be headed for sale. Hirai stepped down earlier this week to make way for Chief Financial Officer Kenichiro Yoshida to take over.

The CFO, who will now succeed Hirai, is reportedly “not too keen” on the entertainment business, fueling fire to speculations about Sony being ready for a sale. According to a report on Deadline, Sony’s stock surged 6 percent at $51.99 amid speculations about a potential sale of its entertainment assets which include profiting assets SpiderMan and Ghostbusters.

Sony might sell off TV, film business including 'Spider-Man', 'Ghostbusters': Report

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Otaku

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Aside from Spider-Man and Ghostbusters — and now Jumanji — Sony is also home to the Men in Black films as well as franchises Underworld, Resident Evil, Smurfs, Hotel Transylvania, and Goosebumps.

Disney, who recently agreed to purchase 21st Century Fox's film and television assets in a landmark $52.4 billion dollar deal, would be the favorite to absorb Sony, should they sell; but the Disney company is already facing opposition over the Fox merger that could take between 12 and 18 months.

Sony Entertainment, Including 'Spider-Man', Might Be Up For Sale

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Otaku

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THAKUR

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