Search This Blog
Saturday, November 23, 2013
Sony Increases Interest in Television
Culver City - Sony recently reported numbers for its entertainment division, boosting its stock by 0.6 percent to $18.64 per share on the New York Stock Exchange. Sony reported a sizeable operating loss the previous quarter, ending September 30. Sony had a mixed year at the box office, with hits like "Grown Ups 2" and "Cloudy With a Chance of Meatballs 2." Sony also had flops like "White House Down". Studio chief Amy Pascal said the studio will reduce the number of films it makes, as it makes a shift from motion pictures to higer margin television production and to operating TV channels. www.sony.com.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment