Speaking during the Bank Of America Merrill Lynch Media, Communications & Entertainment Conference this month (transcribed by VGC), Sony Pictures Chairman and CEO Tony Vinciquerra was asked if the movie industry would see any further consolidation.
He replied: “I think the traditional medium of television and film has probably peaked and the new growth area will be the games business, and who’s better positioned than Sony for that business?
“I do think you’ll see some consolidation on “the gaming” side. You’ll probably see a little more on “the movie” side as well.
