Tony Vinciquerra, who revived Sony Pictures, to resign

Tony Vinciquerra, the TV industry veteran who revived Sony Pictures Entertainment and established it as an “arms dealer” for streaming services, will step down as chairman and chief executive of the group early next year.

Vinciquerra, 70, joined Sony in 2017. After arriving, he sold most of Sony’s international cable TV assets as consumers “cut the cord” and signed up for streaming services.

He also decided against launching a streaming service, opting instead to be an “arms dealer” who licensed Sony-produced shows like “The Crown” and “Better Call Saul.”

The strategy has kept Sony Pictures profitable even as the streaming wars have rocked much of Hollywood.

Vinciquerra will be replaced by Ravi Ahuja, 53, a former Disney and Fox executive who heads Sony’s television studios.