Hits from the Japanese tech entertainment conglomerate on streaming platforms include "The Last Of Us" on HBO Max, "Cobra Kai" on Netflix and "For All Mankind" on Apple TV+.Ĭonglomerates have spent billions on programming to feed their streaming platforms but are under scrutiny from Wall Street as focus shifts from subscriber growth to profitability. "Our decision years ago to stay out of the crowded general streaming space and instead become the industry's leading independent content supplier was clearly the right choice," Tony Vinciquerra, CEO of Sony Pictures Entertainment, told an investor briefing. TOKYO (Reuters) - Sony Group Corp said on Wednesday that its status as an independent provider of content to streaming services is paying off at a time when platform operators are coming under pressure to demonstrate profitability.
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