Sony Pictures Worldwide Acquisitions

Sony Pictures Worldwide Acquisitions Inc.
Division of the Sony Pictures Motion Picture Group
Industry Entertainment
Founded Hollywood, Los Angeles, California, USA (2007)
Headquarters Culver City, California, USA
Key people
Steve Bersch, President
Michael Helfand, Vice President of Business Affairs
Products Motion pictures
Owner Sony
Parent Sony Pictures Entertainment
Website sonypicturesworldwideacquisitions.com

Sony Pictures Worldwide Acquisitions (SPWA) is a specialty division of Sony Pictures Entertainment.[1] The company specializes in acquiring and producing films for a wide variety of distribution platforms,[2] but the group's main focus is non-theatrical markets (some film sellers even called the group as one of super-ancillaries).[3]

History

SPWA was formerly a division of Sony Pictures Home Entertainment, but the group became a stand-alone division of Sony Pictures Entertainment in 2007.[2] Originally being called as Sony Pictures Worldwide Acquisitions Group (SPWAG),[4] the group's name was changed to "Sony Pictures Worldwide Acquisitions" (SPWA) in late 2010.[5] The group had sometimes been called "Sony Pictures Entertainment (SPE) Worldwide Acquisitions Group".

On February 21, 2010, The Weinstein Company made a deal with Sony Pictures Home Entertainment releasing the DVDs through Sony Pictures Worldwide Acquisitions Group.[6] TWC then shifted its home entertainment output to Anchor Bay Entertainment on January 4, 2011 when they've acquired 25% of Starz Media.[7]

SPWA produces and acquires about 60 films per year.[8] Most films of SPWA would go straight-to-video, but the group would also release few of its films theatrically;[9] the group would analyze how much a theatrical release would impact a film's TV, VOD and home video revenue, and then the group would determine whether the film should bows theatrically.[10]

In the case of theatrical releases, SPWA will offer the films to Sony's distribution labels (i.e. TriStar Pictures, Screen Gems, Columbia Pictures, Sony Pictures Classics, Triumph Films, and Crackle) firstly; if Sony's distribution labels pass on the films, the company will release the films through other distributors (i.e. Samuel Goldwyn Films, Magnolia Pictures, FilmDistrict, Picturehouse, IFC Films, Vertical Entertainment, Stage 6 Films, Affirm Films, Destination Films.[11][12]

Select United States theatrical releases

2000s

2010s

Upcoming releases

2016

TBA

References

External links

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