Sony Pictures Entertainment has named Jay Levine executive VP and chief strategy officer, overseeing the companys MA activities, as well as corporate development and investments.
Levine joins Sony from Kevin Harts Hartbeat productions, where he had been CEO. Levine joined Hartbeat only a year ago from Warner Bros. He had previously overseen Warners corporate development team, and will now do so for another studio, reporting to SPE president and CEO Ravi Ahuja.
I am thrilled to welcome Jay to Sony Pictures, said Ahuja.He brings not only deep expertise and a great reputation but also a collaborative spirit and strong relationships that will help drive our companys growth. Jays insight and leadership will be invaluable as we continue to expand and innovate. Related Video
Sony Picturesdynamic portfolio of businesses and commitment to innovation presents a really unique and exciting opportunity, adds Levine. I look forward to collaboratingcloselywith Ravi and the entire leadership team to advancethe companysopportunities for expansion and growth given the evolving media landscape.
Levine joins SPE at an uncertain moment for media MA. Market turmoil could make valuations difficult until there is more certainty, while the Trump administration has sent messaging that it is taking an aggressive stance toward MA deals, though the more modest deals that SPE has historically pursued could draw less scrutiny.