Mike Wald has been promoted to senior vice president, Worldwide Pay Television at Sony Pictures Television International (SPTI), it was announced by Peter Iacono, Executive Vice President, Sales, SPTI, to whom Wald reports.

Wald, who has held the post of vice president of Worldwide Pay Television at SPTI since November of 2000, continues to oversee all worldwide pay television activities for the studio managing SPTI's relationships with major domestic and international pay television clients. He will continue to be based at the studio's Culver City headquarters.

In announcing Wald's promotion, Iacono said, "From his earliest achievements in advancing Sony's television presence in Asia to his ongoing and substantial contributions to the studio's pay television growth, Mike has done an outstanding job of representing the studio and its business interests in the worldwide marketplace. Mike's experience and knowledge of the pay television sector has enabled Sony to make tremendous strides in growing its pay television relationships and revenue as he continues to advance opportunities with pay television outlets around the globe."