Elaine Low Senior TV WriterCorrecting reports online that the studio was exiting the sitcom business, Sony Pictures Entertainment chairman and CEO Tony Vinciquerra clarified at BofA’s remote conference that the company was “significantly in the comedy business, to be very clear” — just not so much on the broadcast side.“The broadcast model for comedies doesn’t work anymore,” he said. “The streaming model works great and we’re producing lots of comedies for streamers.”He cited the recent premiere of Sony-produced “Woke” on Hulu, and said the independent studio has several other comedies in development.“For broadcast networks, the model just doesn’t work where the broadcast network would pay a fee for the show that is significantly less than.
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