Sony Corporate Development Chair Ravi Ahuja on M&A and Streaming Bundles - TheGrill 2023 Spotlight
Sony's chairman of global TV studios Ravi Ahuja warned that the end of the peak TV era will likely βbe painful for most companiesΒ ...
Chairman & Chief Executive Officer, Sony Pictures Entertainment, Sony Pictures Entertainment
Search every verified Ravi Ahuja interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. In September 2023, Ahuja discussed Sony Pictures Entertainment's strategy of operating as a content supplier to multiple streaming platforms rather than launching its own major streaming service. He described this approach as "zigging when others zag" and questioned whether an 11th general entertainment streaming service was needed. Ahuja expressed concern about the next couple of years for the media industry but said he was bullish over the long term, noting that while industry revenue had grown steadily, profits had declined 30 to 40 percent across media companies in the prior five to six years. He stated that Sony's strategy could change if circumstances change, but that for the foreseeable future the company would focus on making shows and executing well. In a May 2023 graduation speech at Wharton, Ahuja advised graduates to embrace ongoing learning, acknowledge that predicting the future is impossible, and build strong professional relationships. He described career building as adding "skill blocks on top of skill blocks," starting with basic abilities like working a spreadsheet and building toward leadership and business judgment. Ahuja also shared four principles he repeats at his company: quality, people, execution, and leadership, along with behavioral guidelines such as not fighting for the last dollar and treating people how you want to be treated.
“I think generally there's a lot of value in zigging when others zag right of doing things differently right I mean there were 10 General entertainment streaming services do you need an 11th do you need to be one of those ten well do you think all of those 10 Will Survive not sure about that and I'm not sure that they'l...”
“I am concerned about the next couple of years over the long term I'm bullish. So if you look at even over the last five or ten years we were looking at this uh at this data the other day at the office if you look at the revenue in the business it's grown steadily at four or five percent a year so for all the challenges...”
“I get asked all the time about how you build a career, and my answer is that building your career's about adding skill blocks on top of skill blocks. It may start like it did for me, with the ability to work a spreadsheet, right, to build a spreadsheet. Then on that, you build presentation skills and negotiation abilit...”
“In my company, I have four that I repeat over and over and over again. Quality, people, execution, leadership. Principles for behavior, for me, don't fight for the last dollar. Be a good partner. Obviously the golden rule, treat people how you want to be treated.”
Sony's chairman of global TV studios Ravi Ahuja warned that the end of the peak TV era will likely βbe painful for most companiesΒ ...
Ravi Ahuja, (W'92, WG'97) β Chairman, Sony Pictures Television β delivers a graduation speech to the Wharton MBA Program forΒ ...
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