|Founded||Hollywood, California, U.S. |
|Headquarters||New York City, U.S.|
(Sony Group Corporation)
Number of employees
|Parent||Sony Pictures Entertainment|
Sony Pictures Classics, or SPC, is an American film production and distribution company that is a division of Sony Pictures. It was founded in 1992 by former Orion Classics heads Michael Barker, Tom Bernard and Marcie Bloom (similar to Fine Line Features, Focus Features, Miramax Films, Paramount Vantage, Searchlight Pictures, and Warner Independent Pictures). It distributes, produces and acquires specialty films such as documentaries, independent and arthouse films in the United States and internationally. As of 2015, Barker and Bernard are co-presidents of the division.
Sony Pictures Classics was formed in 1992, by Michael Barker, Tom Bernard, and Marcie Bloom, set up as an autonomous division of Sony Pictures. The model of the company is to produce, acquire and/or distribute independent films from the United States and internationally.
Sony Pictures Classics has a history of making reasonable investments for small films, and getting a decent return. It has a history of not overspending. Its largest commercial success of the 2010s is Woody Allen's Midnight in Paris (2011), which grossed over $56 million in the U.S., becoming Allen's highest-grossing film ever in the United States.
Occasionally, Sony Pictures Classics agrees to release films for all other film studio divisions of Sony; however, under Sony Pictures Classics' structure within Sony, all other divisions of Sony (including the parent company) cannot force Sony Pictures Classics to release any film that the division does not want to release.
They stay behind the films and manage to find a significant core audience for a large number of them, with the occasional $130 million blowout like Crouching Tiger, Hidden Dragon,' [former United Artists president Bingham] Ray says. 'But they spend a fraction of what a major studio would spend to get the same number. Their philosophy is not to pile a lot of money on everything. They run a tight ship; they don't have an army of people working for them. They keep things simple.Alt URL
It doesn't release blockbusters or Best Picture winners, but its understated business plans reduce risk and keep it in business.
As Bernard explained, 'We're not looking for home runs; we're looking for singles and doubles.' [...] The tortoise-rather-than-the-hare strategy helped the company capture movies that were under the radar of buyers, and as Bernard argued, even sellers.
SPC had nothing to do with the DVD release, which Jones is unhappy about.