23 Jul Sony Looking to Sell Stake in Crackle Streaming Service [Variety]
By Todd Spangler
July 23, 2018 | Sony Pictures Television is looking to sell a piece of Crackle, with the aim of growing revenue at the free, ad-supported streaming network and making it more competitive.
Mike Hopkins, the former Hulu chief who joined Sony Pictures Television as chairman last fall, outlined the potential move to bring in an equity partner for Sony Crackle in a memo to staff Monday.
Read more on Variety.