I went to DVD Empire and yes, I saw the listing for this ostensible Sony edition. But I noticed that it says "Pre-Announce" in the listing, which would technically mean that it has not yet been announced by Sony. I suspect that just maybe, this listing and coverart was created by DVD Empire as...
Where did you see that Sony was announcing a new release of MEATBALLS? I checked Amazon and Blu-Ray.com and all they list is the upcoming Lionsgate standard DVD and Blu-Ray releases, no new Sony editions.
But to try streamlining that spaghetti tangle you talked about, it boils down to Lionsgate...