BREAKING: David Bishop, president of Sony‘s Home Entertainment division, is leaving when his current contract expires in March, the company said today. No replacement has been named, but it’s the latest big move at Sony. The company has been making news of late with its restructuring activities in the Sony Pictures Entertainment realm that includes a renewed focus on its TV biz while paring down its annual film slate after weak results on the movie side. That revamp includes swapping out marketing chief Marc Weinstock for digital marketing head Dwight Caines and the departure of longtime Sony Pictures media relations topper Steve Elzer. “During his tenure, David played a tremendous role in building the home entertainment organization we have in place today: an innovative business that can compete aggressively in the evolving digital marketplace.” SPE boss Michael Lynton said today. “We appreciate his many contributions to the company and wish him well with his future endeavors.” Said Bishop, who has been at Sony since 2006 after a long tenure at MGM: “It’s been a rewarding run at Sony Pictures Home Entertainment and I am extremely proud of the organization and all we have accomplished in an exciting evolving marketplace.” There are no plans to cut or amalgamate the home entertainment unit, we’re hearing, but it’s unclear whether there will be further job losses there. Variety broke the news of Bishop’s pending exit.
Deadline's Dominic Patten - tip him here.