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Friday, January 03, 2012
SONY PICTURES PREDICTED TO FAIL IN 2012?
(Source: Wall St. By: Douglas A. McIntyre) Each year, 24/7 Wall St. regularly compiles a list of brands that are going to disappear in the near-term. Sony has a studio production arm which has nothing to do with its core businesses of consumer electronics and gaming. Sony bought what was Columbia Tri-Star Picture in 1989 for $3.4 billion. This entertainment operation has done poorly recently. Sony's fiscal year ends in March, and for the period, revenue for the group dropped 15% to $7.2 billion and operating income fell by 10% to $466 million. Sony is in trouble. It lost $3.1 billion in its latest fiscal year on revenue of $86.5 billion. Sony's gaming system group is under siege by Microsoft and Nintendo. Its consumer electronics group faces an overwhelming challenge from Apple. The company's future prospects have been further damaged by the Japan earthquake and the hack of its large PlayStation Network. CEO Howard Stringer is under pressure to do something to increase the value of Sony's shares. The only valuable asset with which he can easily part is Columbia which would attract interest from a number of large media operations. Sony Entertainment will disappear with the sale of its assets.
Wednesday, March 30, 2011
WHAT HAPPENED TO SEASON 6 ON DVD?
The Facts of Life saw life on DVD first in 2006, and then dropped off the radar for nearly 4 years. Shout! Factory acquired rights from Sony Pictures and then released The Complete Fourth Season and Fifth Seasons.
Since then there seemed to be some lag time releasing the next season of the show on DVD, and fans worring that music licensing rights may be to blame for the delay of the sixth season as many hit cover songs were used such as: You've Lost That Lovin' Feeling, Dancing Queen, and Hot Stuff. We have found out; thankfully, this is not the case. Upon contacting Shout! Factory, here is their response:
Hi -
We would love to continue to release future seasons of The Facts of Life.
But as of this moment, we do not have licensing rights.
Please check back in a few months. Hopefully something will change.
And we will forward you title suggestions along to our Acquisitions Dept as well.
Sorry we had to bring not so good news.
Our site is re-launching in the coming months.
That may be a good time to check.
http://www.shoutfactory.com/
Thanks for the query and suggestions,
Shout! Factory
So There you have it; Shout! Factory does not have the rights from Sony Pictures to release further seasons and as they stated would 'love to continue' the series. Shout! we hope you work fast on making a deal with Sony to release further seasons of the show. Until then, let's keep our fingers crossed.
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