Sony Pictures Entertainment Inc. is an American entertainment company that produces, acquires, and distributes filmed entertainment through multiple platforms. Through an intermediate holding company called Sony Film Holding Inc., it is operated as a subsidiary of Sony Entertainment Inc., which is itself a subsidiary of the multinational technology and media conglomerate Sony Corporation. Based at the former Metro-Goldwyn-Mayer lot in Culver City, California, it encompasses Sony's motion picture, television production and distribution units. Its group sales in the fiscal year 2017 has been reported to be $9.133 billion.