Sony Pictures Television sealed a deal to acquire Industrial Media, a major nonfiction TV production company whose portfolio includes 90 Day Fiancé, So You Think You Can Dance and American Idol. The deal values Industrial Media at $350 million. Upon closing, Sony Pictures will acquire a majority controlling interest in Industrial Media but the studio declined to reveal its ownership percentage.
Amazon and Sony Pictures TV have struck a deal that will bring an extensive catalog of legendary producer Norman Lear’s shows to the Amazon’s Prime Video and IMDb TV streaming services. The titles headed to the two platforms are Maude, All in the Family, The Jeffersons, 227, Good Times, the original One Day at a Time, Diff’rent Strokes, Sanford & Son and Sanford.
Jeffrey Glaser, 20th Century Fox TV’s former longtime current programming chief, is joining Sony Pictures TV Studios as head of current, effective Sept. 5. He will replace Sony TV’s EVP of Current Programming Kim Rozenfeld, who will leave the company when his contract is up at the end of the month.
Layoffs are underway at Sony Pictures Entertainment, the Sony Corp.-owned film and television studio that vowed late last year to significantly reduce its overhead. The cuts, which began Monday and will continue this week, include employees at divisions throughout the studio, according to a source with knowledge of the matter.