May 11, 2017 / 5:23 PM / 7 months ago

Sony taps Vinciquerra to lead Sony film, TV studio

LOS ANGELES (Reuters) - Sony Corp on Thursday named former Fox television executive Anthony Vinciquerra as chairman and chief executive of Sony Pictures Entertainment, effective June 1.

Sony Pictures movie titles on a screen are seen next to Sony Corp's logo at its executives' news conference at its headquarters in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon

He will replace Michael Lynton, who announced in January that he would step down in the spring, Sony said in a statement.

Vinciquerra, a senior adviser at TPG Capital, will oversee Sony’s film and television studio and its worldwide networks division. He had previously served as chairman and CEO of Fox Networks Group when it was the largest operating unit of News Corp. Fox is now a unit of 21st Century Fox.

Sony’s TV studio has found success with hits such as “Breaking Bad” and “The Blacklist.” The movie studio struggled with a devastating cyber attack in 2014 and a lack of big hits. The Japanese company took a roughly $1 billion writedown on its movie business in January.

Reporting by Lisa Richwine; Editing by Richard Chang

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