Sony’s Matt Brown Leaving Home Entertainment As Layoffs Loom

Sony Pictures

With layoffs looming at Sony Pictures Entertainment, Matt Brown is retiring from  his post as executive VP of worldwide commercial at Sony Pictures Home Entertainment.

The retirement is effective as March 31.

“During his tenure at SPHE, Matt was a key member of the management team which helped to insure the division’s leadership position in the home entertainment industry,” the studio said. “SPHE wishes to express our gratitude for his contributions.”

Variety reported in December that David Bishop was leaving as president of Sony’s home entertainment division.

The company laid off three dozen employees in January and announced it was shuttering its Sony Pictures Technologies unit and absorbing those operations into Sony Pictures Entertainment.

All of Sony’s divisions are being scrutinized as the studio looks to cut $250 million. Bain & Co., which the studio hired in November, is in the midst of reviewing all of Sony Entertainment’s operations with additional layoffs expected over the next several months.

SPE chairman Michael Lynton has been overseeing the streamlining of the studio. Co-chairman Amy Pascal has announced that she was cutting her film slate from 23 to 18 films per year.

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  1. gary says:

    hey mike:David in his parting mail today claims that he built a world class org . A joke and an insult -Must be smoking pot or in a trance . BTW the new Indian president seems like a janitor appointed on a heft salary by his masters to spring clean HE …hasnt yet shown any great promise to do some truly imaginary disruptive work . talks.the same gas without having concrete action-points for aggressive growth. . .

  2. Mike says:

    HE is the whipping boy . With vested interests holding on to a non-strategic physical business , its in graveyard shift since many years now . Sad leadership which just cannot build businesses beyond cooking books of accounts and the apathy continues . It will eventually die in a couple of years and the leadership will take bonus on account of excellent work of severing heads , as that’s the only competence they have , window dress and smile their way to the bank . What a rotten culture for dedicated , intelligent few who are lucky to survive the carnage .

  3. What a bunch of crock! The “corporate job” model has failed and is not going to create anyone wealth. You have to think outside the box and make money on the side

  4. n smith says:

    Matt was an excellent leader. The business has changed and I am sure he decided this long before the layoffs were looming at sony. Who needs to go from the HE division is the SVP, most Sales VP’s and almost all of the Executive Directors of Sales. They are ineffective leaders and spending is out of control. Show them the door and start running that division like it is 2014, not 1999.

  5. techartisan says:

    Really find all this turmoil in HE not understandable, as this division is totally the wave of the future. Not all HE is Blu-Ray or DVD. They might embrace Ultraviolet, iTunes, Amazon, etc. in order to survive and grow, despite Sony’s monolithic mentality.

  6. Glenn C. says:

    They lay off the “servants” but not the bosses! Even though they are to blame too. It figures. The blame game!

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