Last week, it was reported that Warner Bros. Discovery was considering selling up, prompting multiple offers from several big players. One such big player who won't be making a bid, though, is Sony.
"We have no desire for big [mergers and acquisitions] deals in the US film industry right now," Sony CEO Hiroki Totoki said (via Nikkei Asia). "Simply adding together the current movie studios doesn't strike me as leading to a big gain in profitability. [Sony Pictures Entertainment] isn't a big platform company for which scale is everything, so it can create its own position even without becoming one of the top players.
