Fusioncode on 05 August 2013
| MoHasanie said: The entertainment division seems to do well and Sony seems to be profitable again so they don't need the money from selling a stake in the entertainment division. However Daniel Loeb is right that they need to increase the performance of that division. They can't afford to have so many movie flops. They had 2 big flops last quarter and now Smurfs 2 is performing below their expectations. |
They've had plenty of successes lately. Skyfall made over a billion, Grown Ups 2 is a huge hit, Smurfs may be underperforming in the US but it's doing well overseas and should make a profit. Spidey 2 will do great, as will Bond 24. Sony Pictures is fine, every studio has a few flops here and there.
Sigs are dumb. And so are you!
