Deadline hears that Sony has informed organizer Reed Midem about its plans to tap out, but remains in talks with the company about joining its virtual Mipcom Online+ lineup.
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Sony hosted its own LA Screenings Portal in April and was pleased with the results, so is open-minded about future online activity in October, when Mipcom takes place.
Other Mipcom dropouts this week include BBC Studios, eOne, Fremantle and ITV Studios. The likes of Banijay and All3Media International remain undecided.
Reed Midem has announced safety measures including no parties, mandatory masks, and radically reduced capacity for conference sessions.