NEWS

Sony Pictures Gets A $1-Billion 'Wake-Up Call' Amid A Slump At The Box Office And In DVD Sales

January 31, 2017

Sony Corp.’s decision to take a nearly $1-billion write-down on its movie business is an extraordinary step for a major Hollywood player that highlights the deepening financial challenges facing the nearly century-old Culver City studio.

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http://www.latimes.com/business/hollywood/la-fi-ct-sony-billion-write-down-20170130-story.html