Article: Sony Corporation of America Extends Contract of John Calley; Studio Chief to Remain Until 2005.

Entertainment Editors/Business Editors

NEW YORK--(BUSINESS WIRE)--Feb. 25, 2003

Sony Corporation of America and John Calley have reached an agreement to extend Mr. Calley's contract as Chairman and Chief Executive Officer of Sony Pictures Entertainment for two years, through March 2005.

"We're delighted that John has agreed to extend his stay. Together with Jeff Blake, Yair Landau, Amy Pascal and the wonderful team they have put together we know SPE will continue its great success into the future," said Sir Howard Stringer, Chairman of Sony Corporation of America.

"The pieces are finally all in their appropriate places and things have ...

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