Type | Division |
---|---|
Industry | Entertainment |
Founded | Hollywood, Los Angeles, California, USA (2007) |
Headquarters | 10202 West Washington Boulevard, Culver City, California, US |
Key people | Steve Bersch, President Michael Helfand, Executive Vice President of Business Affairs |
Products | Motion pictures |
Owner | Sony Entertainment (Sony Group Corporation) |
Number of employees | 30 |
Parent | Sony Pictures Entertainment |
Divisions | |
Website | www |
Sony Pictures Worldwide Acquisitions (SPWA) is a specialty film division of Sony Pictures.[1] The company specializes in acquiring and producing films for a wide variety of distribution platforms.[2][3]
The group became a stand-alone division of Sony Pictures 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".
SPWA produces and acquires about 60 films per year, usually through Stage 6 Films, Affirm Films, and Destination Films.[6] SPWA releases some of its films theatrically;[7] 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.[8]
In the case of theatrical releases, SPWA will offer the films to Sony's distribution labels (i.e. TriStar Pictures, Screen Gems, Columbia Pictures, and Sony Pictures Classics) firstly; then, if Sony's distribution labels pass on the films, the company will release the films through other distributors.