Michael Lynton has renewed his contract with Sony as CEO of Sony Entertainment and chairman and CEO of Sony Pictures Entertainment.
His contract extension, the length of which was not revealed, was announced Tuesday by Kazuo Hirai, president and CEO of Sony, reports Billboard.
Lynton joined Sony Pictures Entertainment in 2004. In 2012, he was named chief executive of Sony Entertainment, overseeing the company's global entertainment business, including music and music publishing.
Discussing the renewed contract, Hirai said: "Michael's steady leadership and strong vision for the digital future will help keep Sony's entertainment businesses stable and reliable contributors to Sony's growth,
"I look forward to working closely with Michael in ensuring that music and pictures remain integral parts of our global strategy. We're thrilled he will continue at the helm for years to come."
Lynton commented: "I am grateful to work with some of the finest minds in the entertainment business, starting with my partner at Sony Pictures, Amy Pascal, as well as Doug Morris at Sony Music and Marty Bandier at Sony/ATV.
“They are the best in their fields, and together we will strive to bring the very best films, music and television shows to our growing, global audiences."