Sony Pictures CEO Predicts Industry ‘Chaos’ Over the Next 2 Years: ‘Mergers and Bankruptcies and Sales’
Sony Pictures CEO Predicts Industry ‘Chaos’ Over the Next 2 Years: ‘Mergers and Bankruptcies and Sales’
admin 2024/09/07 02:23If you own cable channels, you have an "albatross" around your neck right now, Tony Vinciquerra said.
If you think the Paramount-Skydance drama was a bit much, you’re going to hate the next couple of years, Sony Pictures Entertainment CEO Tony Vinciquerra warned on Thursday.
At the annual Bank of America Media, Communications & Entertainment Conference, Vinciquerra said Hollywood is in for “chaos” over the next two years. He predicted the industry is in for a wave of “mergers and bankruptcies and sales and all kinds of fun things,” and that only the biggest companies will survive. Unless, that is, those giants “make some massive mistake or miscalculation” along the way.
“The business […] will be in a period of chaos for the next..."
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If you think the Paramount-Skydance drama was a bit much, you’re going to hate the next couple of years, Sony Pictures Entertainment CEO Tony Vinciquerra warned on Thursday.
At the annual Bank of America Media, Communications & Entertainment Conference, Vinciquerra said Hollywood is in for “chaos” over the next two years. He predicted the industry is in for a wave of “mergers and bankruptcies and sales and all kinds of fun things,” and that only the biggest companies will survive. Unless, that is, those giants “make some massive mistake or miscalculation” along the way.
“The business […] will be in a period of chaos for the next..."
➤➤➤ SEE MORE
Last modified by admin 2024/09/07 02:24
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