Sony Pictures Entertainment Inc. (commonly known as Sony Pictures or SPE, and formerly known as Columbia Pictures Entertainment, Inc.) is an American diversified multinational mass media and entertainment studio conglomerate that produces, acquires, and distributes filmed entertainment (theatrical motion pictures, television programs, and recorded videos) through multiple platforms. Through an intermediate holding company called Sony Film Holding Inc., it is operated as a subsidiary of Sony Entertainment Inc., which is itself a subsidiary of the multinational technology and media conglomerate Sony Group Corporation.

Based at the Sony Pictures Studios lot in Culver City, California as one of the "Big Five" major American film studios, it encompasses Sony's motion picture, television production and distribution units. All of SPE's divisions are members of the Motion Picture Association (MPA). Sony's film franchises include The Karate Kid, Ghostbusters, Jumanji, Men in Black, Spider-Man, and Sony's Spider-Man Universe.

History

1987–1989

On September 1, 1987, The Coca-Cola Company announced plans to spin off Columbia Pictures, which it had owned since 1982. Under this arrangement, Coca-Cola would sell its entertainment assets (Coca-Cola's Entertainment Business Sector) to TriStar Pictures, of which it owned 39.6%. Tri-Star would be renamed Columbia Pictures Entertainment, Inc. (CPE), with Coca-Cola owning 49%, its shareholders owning 31%, and Tri-Star's shareholders owning 20%. As part of a merger plan, the two television businesses, comprising Columbia/Embassy Television and Tri-Star Television, merged altogether to form a new incarnation of the original Columbia Pictures Television.