Sony says independent player status paying off in streaming war

Sony Group Corp said on Wednesday that its status as an independent provider of content to streaming services is paying off at a time when platform operators are coming under pressure to demonstrate profitability.

“Our decision years ago to stay out of the crowded general streaming space and instead become the industry’s leading independent content supplier was clearly the right choice,” Tony Vinciquerra, chief executive of Sony Pictures Entertainment, told an investor briefing.

Hits from the Japanese tech entertainment conglomerate on streaming platforms include “The Last Of Us” on HBO Max, “Cobra Kai” on Netflix and “For All Mankind” on Apple TV+.