Sony Pictures Entertainment is making changes in their corporate offices in the wake of the hacking scandal that leaked embarrassing emails following “The Interview” release. According to the New York Times, Amy Pascal has stepped down and former 20th Century Fox chief Tom Rothman is taking over as chairman of Sony’s Motion Picture Group. Pascal will remain with Sony and is planning to start a new production company overseeing the studio’s “Spider-Man” series as well as other projects.
Tom Rothman has spent over 10 years running Fox Filmed Entertainment handling such box office smashes as “Avatar” and “Titanic”. Rothman is also the founder of the art-house production company Fox Searchlight which has produced the last two Best Picture winners, “Birdman” and “12 Years a Slave”. Beyond those accomplishments Tom has garnered Fox some 150 Academy Award nominations as well as over 40 billion dollars in worldwide box office.
Michael Lynton, who is remaining chairman and CEO of Sony Pictures Entertainment, has great faith in Tom and released a statement supporting Mr. Rothman. “Having run Fox Filmed Entertainment during a time of great successes and growth for that studio, and then producing at TriStar here at SPE (Sony Pictures Entertainment), Tom knows this business inside and out like few others do.”
Rothman thanked both Michael and Amy for supporting him since he began at TriStar and is optimistic about his future with the company. “I have had the pleasure of working closely with the exceptionally talented teams at SPE for the past year, and I am excited to build on those relationships in this new role,” Tom said shortly after hearing of his advancement.