Sony Entertainment CEO Michael Lynton stepping down, joining Snapchat

ReCode_Michael_Lynton

Not a lot of details on this story yet but Sony Entertainment CEO Michael Lynton (pictured right) who oversees Sony Pictures among other things is stepping down to join Span Inc., the company behind Snapchat. This is a big shift for Sony as Lynton was the man with a plan to help transition Sony Pictures into a healthier state.

I’m not sure about all the dots yet but there’s been a lot of rumble around Sony Pictures as of late with the division either going under the watchful eye of Sony Interactive Entertainment CEO Andrew Houseor perhaps being up for sale with CBS’s Leslie Moonves showing a lot of interest. I’m sure as the day and week progresses, we’ll find out a bit more about why Lynton decided to jump ship to a tech company though I doubt we’ll find out the real fate of Sony Pictures quite yet.

What do you think is going on at Sony Pictures and do you think Sony should hold onto their film division?