Sony Pictures has posted a loss of $719 million for the previous year, with struggling box office figures the most likely culprit. In recent years, studios like Universal and Disney have made headlines due to the various commercial records they’ve broken, but not every company can be so lucky. There are only so many dollars to go around at the multiplex, and unfortunately that means somebody will fall short of their ultimate goals. Not every movie can be a Minions or Rogue One: A Star Wars Story, a fact that the people at Sony know all too well.
Back in January of this year, the studio took a $1 billion write-down for ...
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