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Sony Isn't Only Investor to Get Burned by 'The Interview'

2015-01-08 22:14:26| Telecom - Topix.net

NEW YORK -- When it comes to Hollywood, even the smartest investors get burned. The allure of the movie industry has long attracted wealthy players, so when LStar Capital , a little-known Dallas-based company, decided to invest in a slate of film including a seemingly innocuous stoner comedy from Sony But after a massive cyberattack on Sony's computer systems, and The Interview 's chaotic online release online, LStar Capital, the credit financing affiliate of private equity firm Lone Star Funds , no doubt learned a valuable lesson: betting on Hollywood may be the riskiest crapshoot in any portfolio.

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Avoid Sony On Crumbling Smartphone Sales, Diminution Of Movie Franchise

2015-01-07 16:26:59| Electronics - Topix.net

Crumbling smartphone sales are expected to cause Sony a loss of $2.1 billion for fiscal year-end March 2015. Sony is retrenching from the smartphone market in China and has limited distribution in the U.S. The overall outlook is dismal.

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VIDEO: Sony boss defends free speech

2015-01-06 12:05:51| BBC News | Business | UK Edition

Sony has condemned the "vicious" cyber attack that led to it suspending the release of its film The Interview.

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Sony Gives Action Cam, Camcorder Lines a 4K Boost

2015-01-06 06:03:28| PC Magazine Digital Video Camcorders Product Guide

Sony adds 4K video capture to its consumer Action Cam and camcorder lines.

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Sony condemns 'vicious' cyber attack

2015-01-06 02:37:34| BBC News | Business | UK Edition

Sony has publicly condemned the "vicious" cyber attack that led to it suspending the release of its film The Interview.

Tags: sony attack cyber vicious

 

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