Sony Takes $1 Billion Write-Down on Motion Picture Business
With a box office slump and slow home entertainment sales, Tokyo-based media giant cuts its outlook for earnings from its feature film unit.
With a box office slump and slow home entertainment sales, Tokyo-based media giant cuts its outlook for earnings from its feature film unit.
Sony names Tom Rothman chairman of the Motion Picture Group; extends contract of SPE chair Michael Lynton.
Ousted studio head will transition to a major new production venture based on the Sony Pictures lot in Culver City.