EXCLUSIVE:Its still progressing.
Were not going to get into other businesses.
Were not going to get into a general entertainment streaming service.
Tony Vinciquerra, Chairperson and CEO of Sony Pictures Entertainment, (L) and Will SmithEric Charbonneau/Getty Images for Sony Pictures
Were not going to be operating other businesses that are outside the strategy that we have defined.
Biggest hurdles for Sony taking Paramount is a foreign-owned congloms ownership of U.S. broadcast stations.
Bad Boys: Ride or Dieopens on June 7 with an eye at $50M domestic.
Deadlinealso asked Vinciquerra about exhibitors’ fears over a Sony-Paramount merger, and how that might lead to less product in a marketplace that’s already been evaporated by less titles because of double strikes and streaming’s impact on theatrical.
