Summary
There was a rumor earlier this year that Sony was thinking of selling its struggling film and TV business units.
Sony Pictures/Columbia had a terrible 2016. Sony had to write-down 112 billion yen or $1 billion from its movie business last January.
The total U.S. domestic gross of Sony/Columbia films released last year was only $911.31 million.
Spider-Man: Homecoming might help Sony’s film unit post a profit this year. The Spider-Man saga is a bottomless oil...
Why Sony Cannot Afford To Sell Its Hollywood Film Business
There was a rumor earlier this year that Sony was thinking of selling its struggling film and TV business units.
Sony Pictures/Columbia had a terrible 2016. Sony had to write-down 112 billion yen or $1 billion from its movie business last January.
The total U.S. domestic gross of Sony/Columbia films released last year was only $911.31 million.
Spider-Man: Homecoming might help Sony’s film unit post a profit this year. The Spider-Man saga is a bottomless oil...
Why Sony Cannot Afford To Sell Its Hollywood Film Business