Sony Pictures Home Entertainment Receives $400M Deal With MGM, CBS, NBC, ABC, Fox for Movies, TV, Music, Games

By James DittrichThe deal is expected to close in the next few weeks, according to the Hollywood Reporter.

Sony Pictures Home is one of the biggest movie studios in the world, with studios like Warner Bros. and 20th Century Fox among its biggest customers.

Sony is currently working on a movie called Star Trek Beyond, which will be produced by Sony Pictures and distributed by Sony.

That film will be based on the franchise that started in 1960s science fiction television series.