Sony Pictures NEEDS a Change
After a couple of film announcements earlier this week the studio everyone is questioning is Sony Pictures. Sony has released some quality movies throughout the years but recently things have gotten bad…really bad, and it's not just the movies they're giving the green light, it's also financially. Sony took a drastic hit on the financial side earlier this year, the numbers are atrocious and somebody should be ashamed of themselves for how the studio is ran at the moment. Sony overall net profit took a 50% hit with a division reports loss of $719 million dollars, which right there tells you that change is needed ASAP.
Remember back in 2014 when the Sony emails were hacked? Everyone was catching slander, from Leonardo DiCaprio, Angelina Jolie, David Fincher and last but not least Will Smith (and his kids). To go after someone's kids is terrible and goes to show you how crazy the industry is. Those email leaks were so bad; everything from the fiasco with the Interview movie, a Spider-Man deal with Marvel, and a leaked script of the James Bond film, Spectre.
Fast-forward to 2017, there hasn't been any good films released under the company except for The Equalizer in 2014, Sausage Party and Magnificent Seven back in August and September 2016. Spectre wasn't really the best Bond film but it made money along with the 3 aforementioned titles. This year Sony has released Resident Evil - The Final Chapter, and Passengers; those movies were letdowns, and didn't generate anything close to the revenue they were anticipating. However, the upcoming release of Baby Driver on June 28th, Sony may have a hidden gem & box-office hit on their hands.
Sony recently announced Tom Hardy will be playing the title role of Venom in an upcoming solo film without Spider-Man; how can you make a Spider-Man movie in a universe without Spider-Man? It makes no sense at all! Maybe the movie will be ok but this is a bad decision, and that's not all. There’s news of the Resident Evil franchise getting a 6 film reboot produced by James Wan (which sounds like it could have potential) and a Black Cat film, which takes place in the Spider-Man universe with Venom, but without Spider-Man.
Most of the Sony decisions are made by chairman Tom Rothman, who has produced some good films throughout the years but he's making some mistakes right now; just like his days at Fox. A few months ago Joe Carnahan stepped down from directing Bad Boys 3, which he also penned the script; Joe claims he stepped down to work on the US version of The Raid but he hasn't really spoke in depth about leaving Bad Boys. I just hope it wasn't creative differences because his script sounded really fire. Now the company is looking for a new director, and possibly a new writer; I would like to see Sony keep Carnahan's script, and let Michael Bay return to direct it. Give Michael Bay the highest budget, and you'll make your money back; then you can keep Bad Boys 4 in the works and go out with the best franchise.
They’re sitting on a great franchise (Bad Boys) over there but instead we get pointless Spider-Man spinoffs, and more Resident Evil movies, and now the strangest announcement of them all this week was Tom Holland as a young Nathan Drake in the Uncharted film. Carnahan also wrote Uncharted but now things are going to change. Uncharted was the movie that was supposed to be the next great video game adaptation to shift things, but now I highly doubt it.
Something has to change at Sony Pictures before the company goes down. Rothman needs to make some moves or give up his seat to somebody else. His resume with the films is good but he has to stop changing input on movies, sitting on franchises and other films people want to see, it's that simple.