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Sony Pictures replaces outgoing CEO

Sony Pictures Entertainment (SPE) has brought in the former chairman of Fox Networks Group as its new chairman and CEO, replacing the departing Michael Lynton.

Tony Vinciquerra

Tony Vinciquerra has been handed the position, with Lynton preparing to step down and focus on his role as chairman of Snapchat parent Snap Inc.

Vinciquerra will oversee the television and film side of SPE but, unlike his predecessor, will not take charge of the music business.

The exec had stints with Hearst and CBS prior to his 10 years as chairman and CEO of Fox Networks Group, which he left in 2011. Since then he has been a senior advisor to TPG Capital in the technology, media and telecom sector.

He will report to Sony president and CEO Kazuo Hirai in the new role.

Lynton’s departure from the top job was announced in January. He started at Sony in 2004 as chairman and CEO of SPE and in 2012 was named CEO of Sony Entertainment.

Lynton has been involved with Snapchat since its early days. He and his wife are shareholders in the business, which was valued at US$24bn when it floated earlier this year.

Following Sony veteran Steve Mosko’s exit from his position as chairman of SPE last year, a restructure was put in place, with Sony Pictures Television presidents Zack Van Amburg and Jamie Erlicht reporting directly to Lynton along with Andy Kaplan, president of worldwide networks, Keith Le Goy, president of distribution, and Amy Carney, president of advertiser sales and research.

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