In short, gone, but not quite.
On November 7, Sony Pictures Production and Releasing (the legal entity of the Russian business of the Hollywood studio Sony Pictures) changed its name to Content Club. This is reported by the publication “Vedomosti” with reference to the data base “SPARK-Interfax”.
The post of general director in the renamed company is still occupied by Anton Sirenko, the owner has not changed either – SPPR Holdings Russia, registered in the state of Delaware. The company decided to change its name amid the fact that SPPR Holdings Russia came under the control of Russian top management.
Under the terms of the deal, Anton Sirenko’s company transferred all the assets and liabilities of Sony Pictures, including existing licensing contracts for previously released films. True, before discussing the release of new cinema products from Sony Pictures, there is no talk yet.
The Content Club will distribute films and invest in Russian production.
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Recall that in March 2022, Hollywood companies Sony Pictures, UPI, Disney, Paramount suspended the release of their films in Russia. They accounted for about 70% of the entire Russian box office in 2021. Thus, the total box office receipts of films amounted to 40.7 billion rubles. – This is the data of the State Film Fund.