Sony Pictures chief Tony Vinciquerra addressed rumors that a merger is in the works with CBS Corp. during an appearance at NATPE.
Deadline reports that during his keynote conversation with Soledad O’Brien, “Vinciquerra said that while he talks regularly with CBS chief Leslie Moonves, the two have not talked specifically about a merger, despite rumors to the contrary.”
The report quotes Vinciquerra saying: “The thing that keeps me up at night is, we have to have scale. We’re a really tiny company” compared with tech giants. “If they want to step on us, they can.”
Vinciquerra is also quoted saying: “If we don’t grow, we will be somebody’s purchase.” But he adds: “I didn’t take the job to do it for a year and sell the company.”
Vinciquerra also talked about the North Korean hacking incident, the #MeToo movement and other subjects during the wide-ranging interview. Click on the link above to Deadline to read the full report.