Press Play with Madeleine Brand
Can Sony Pictures survive a $1 billion loss?
The 93-year-old Culver City studio is reducing its estimated value by nearly a billion dollars. In a letter to employees, company leaders said that’s partly because of “dramatic shifts in the home entertainment space.”
By Madeleine Brand • • 1 min readThe 93-year-old Culver City studio is reducing its estimated value by nearly a billion dollars. In a letter to employees, company leaders said that’s partly because of “dramatic shifts in the home entertainment space.”
