1. CONFIDENTIAL Sony Pictures Entertainment Summary Overview April 2010

2. page 1 Sony Pictures Entertainment is a major producer of film and television content around the world Approximately $7 billion in revenue per year Sony Pictures Entertainment Film TV Networks TV Production Produce about 25 films per year Acquire select 3 rd party product as well Distribute films to theaters in 67 territories worldwide Make films available on home entertainment platforms including DVD, Blu-ray, VOD and pay TV, after theatrical release Operate Imageworks, a production studio for digital animation and visual effects Produce & distribute TV shows for broadcast network, cable networks, new media and syndication markets Produce local language TV shows in approximately 25 non- U.S. countries Own library of approximately 50,000 TV episodes Manages and distributes over 57 branded networks and 125 channel feeds in more than 140 countries, reaching more than 460MM homes worldwide and delivered in 22 languages Branded networks include Animax, AXN and SET Own stakes in GSN and FEARnet in the U.S. Operate Crackle.com, an online video network and production studio

3. page 2 Sony Pictures has produced some of the biggest hit movies of all time

4. page 3 Sony Pictures’ latest entry in the animated film market has been well received #1 during it’s opening weekend generating $30 mil at U.S. box office $233 mil worldwide box office

5. page 4 Upcoming Sony Pictures Movie Releases

6. page 5 Sony Pictures’ film business is distinguished by its strong relationships with “A List” Hollywood talent Will Smith – Men In Black I and II, Bad Boys I and II, Hitch, Pursuit of Happyness, Hancock, Seven Pounds Adam Sandler - 50 First Dates, Mr. Deeds, Click, You Don’t Mess with the Zohan Will Ferrell – Bewitched, Talladega Nights, Stranger than Fiction, Stepbrothers Judd Apatow – Superbad, Walk Hard, Pineapple Express, Zohan, Stepbrothers

7. page 6 Imageworks is an Academy Award-winning, state-of-the-art digital production studio specializing in animation and visual effects Currently in Production Recent Projects Academy Award Winning Projects & Nominations Arthur Christmas Green Lantern (Warner Bros.)

8. page 7 Sony Pictures Television has produced some of the biggest hit TV shows of all time

9. page 8 Sony Pictures Television has a strong slate of TV shows on air today, led by its popular, long standing game shows and soaps

10. page 9 Sony Pictures Television has investments in over 57 TV networks that reach over 460 million homes, located in more than 140 countries, delivered in 22 languages

11. page 10 Animax is the premiere brand in Sony Pictures TV network portfolio Animax is a global youth television network, broadcasting cutting-edge live action series, animation and movies on-air, online and on mobile. Viewer reach of over 56 million households, 60 countries and 15 languages Anime-inspired Entertainment for today’s youth connected audience With crossover anime franchises at its core, ANIMAX offers the best in fresh, animation-inspired entertainment for teens and young adults. ANIMAX abandons convention and celebrates originality. ANIMAX is youth culture and user-generated innovation Breakthrough Series Iconic Films Gadgets Games Music Trends

12. page 11 Crackle.com is the Internet-based digital outlet for all forms of Sony Pictures content Movies TV Shows Originally- produced Content for First Run on Crackle Targets Men 18- 34

13. page 12 Overall demand for product remains strong despite a recent downturn in the DVD market Sony Pictures has faced a changing marketplace –Continuing strong exhibition marketplace offset by... –Transition period in the DVD business, with shift from purchase to rental, including cheaper rental options (kiosks; Netflix) The longer term outlook is bright –Continued strong appetite for film product –Upturn expected for home entertainment market driven by growth of digital and Blu-ray –TV rebound with global economic recovery