Sony Pictures Entertainment. (internal memo issued denying rumors about Michael Fuchs replacing Alan Levine as COO and president)(Brief Article)

Broadcasting & Cable, August, 1996

Responding to media reports of a pending shakeup at Sony Pictures Entertainment, the company Issued an Internal memo last week to deny rumors that former HBO head Michael Fuchs Is about to replace Alan Levine as president/COO. "I understand that these articles may have caused some concern among some of you about the future of the company," read the memo from Ted Kawai, deputy president of Sony Corp.

"I would like to assure you that such articles are speculative and untrue." Fuchs, ousted from HBO last November in a Time Warner restructuring in advance of its merger with TBS, has been rumored to be a candidate for a top post at Sony ever since Mickey Schulhof resigned as chairman/CEO of Sony Corp. of America last December.