Publications
Publications
- December 1994
- HBS Case Collection
Being There: Sony Corporation and Columbia Pictures
By: Debora L. Spar
Abstract
In September 1989, Sony Corp. of Japan bid $3.4 billion for Columbia Pictures. It was the highest bid ever by a Japanese company for any U.S. property. The case examines the validity of Sony's objectives in making this purchase, and also the political uproar that the acquisition caused in the United States.
Keywords
Foreign Direct Investment; Film Entertainment; Entertainment and Recreation Industry; Japan; United States
Citation
Spar, Debora L., and Julia Kou. "Being There: Sony Corporation and Columbia Pictures." Harvard Business School Case 795-025, December 1994.