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Sony Pictures is launching a specialty TV label for lower-cost shows [Los Angeles Times (CA)]

SONY CORP (SNE) 
Last sony corp earnings: 10/31 04:02 pm Check Earnings Report
US:NYSE Investor Relations: sony.net/sonyinfo/ir
Sony Pictures is launching a specialty TV label for lower-cost shows The TV studio behind “Breaking Bad” wants to make more shows without breaking the bank. Sony Pictures Television, known for “The Blacklist,” “The Good Doctor” and “Outlander,” on Tuesday said it is launching a new production unit to make high-quality shows at a lower cost than the typical series, by taking a page from the indie film playbook. Jeff Frost, President of Sony Pictures Television Studios, told employees that the new label would focus on “producing distinct television programming in the indie feature film style.” The company expects to save money by filming in less expensive locations that offer production incentives, shooting more than one episode at a time and filming over shorter periods. The nascent division, which will have a small staff, doesn’t have a name yet. However, Frost wrote that the business is expected to create shows for Sony-owned international channels, such as AXN, which is available in Show less Read more
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