Sony has written down $977 million in its movie business, blaming a decline in physical media sales:
In a Monday statement to investors, the company attributed the "downward revision... to a lowering of previous expectations regarding the home entertainment business, mainly driven by an acceleration of market decline." [...] "The decline in the DVD and Blu-ray market was faster than we anticipated," Takashi Iida, a Sony spokesman, told Bloomberg News.
(Score: 2) by FatPhil on Thursday February 02 2017, @02:12PM
Passengers: 41
Inferno: 42
Magnificent Seven: 54
Sausage Party: 66
Ghostbusters: 60
The Shallows: 59
Angry Birds: 43
Money Monster: 55
Brothers Grimsby: 44
The 5th Wave: 33
So it looks like they have 2 types of output - shit, and mediocre.
Does anyone want to do the legwork for a different studio?
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 2) by FatPhil on Thursday February 02 2017, @02:27PM
Everybody Wants Some: 83
Arrival: 81
Silence: 79
Fences: 78
10 Cloverfield Lane: 76
Florence Foster Jenkins: 71
Star Trek Beyond: 68
Allied: 60
Whiskey Tango Foxtrot: 57
13 Hours: 48
Jack Reacher: 47
Be Somebody: no metascore, but http://www.imdb.com/title/tt5512872/ratings makes it look like it's pretty bad (you can almost always ignore thosewho give 1 and 10)
Office Christmas Party: 42
Teenage Mutant Ninja Turtles: 40
Ben Hur: 38
Zoolander 2: 34
Which looks like the same amount of dross, a similar amount of mediocre, but a whole bunch of pretty damn good. This makes Sony look bad, as predicted - good call!
Someone else can do another studio...
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves