The consumer electronics company Sony is not enjoying a good time it used to before. There’s a steep decline in company’s revenue in past few years and resultantly, Sony has decided to compensate the loss by focusing on camera sensors, entertainment and PlayStations entirely. The Japanese firm announced that it could shut down the audio and video business in order to boost 25-fold profit within three years.
Sony CEO and President Kazuo Hirai showcased an isolated picture the company’s future saying that it could exit smartphone and TV sector. He made a remark at the corporate strategy meeting –
The Marvel Cinematic Universe (MCU) is the ultimate in nerdtastic adventure. Marvel has grown from an independent movie studio in 2008 to a multi-billion dollar Hollywood powerhouse. Everyone in the industry is looking to work with this movie studio. For a while, it was being rumored that one of the biggest stars of the Marvel Universe, Spiderman, would be joining the Marvel Universe, and now the news has been confirmed.
Spiderman is one of the major characters in Marvel comics, but the movie rights of the character were with Sony Pictures. Sony has made several successful movies based on the Spiderman franchise. But [...]
The world of technology saw many ups and down last year. It was predominantly a good year for the tech industry, but there were some visible failures as well. While the sales of smartphones reached new altitudes, the biggest name of mobile telephony, Nokia departed from the mobile phone business. Several high-level security breaches questioned the safety of online storage. As 2014 comes to a close, we decided to list the gleaming failures of the tech industry.
1. Sony Pictures:Never before has a movie been called an ‘act of war’, and you wouldn’t have guessed that it would be a Seth Rogen movie. The film led to [...]
There were tons of stories written and discussed about Sony Pictures’ controversial release of ‘The Interview’. Looks like all this free publicity has given Sony a good reason to celebrate. Earlier, there was fuss about Sony releasing The Interview online before it hit theatres as no one was sure how it will turn out.
Now the company has announced that The Interview made $15 million from online sales and rentals since its Christmas Eve release online. The film also made $2.8 million in theaters over the long Christmas weekend.
The Hollywood blockbuster, which [...]
Seth Rogen and James Franco’s new comedy about the assassination of Kim Jong-un was the most prominent piece of geopolitical news of the past month. A group of hackers had wreaked havoc on Sony Pictures; they threatened a 9/11 style attack if the movie was allowed to release. Heeding to concerns raised by several theatre chains, the company said that it won’t object if the chains choose not to screen the movie. That move brought in comments from all sides of the spectrum, from severe criticism for being anti-free speech to support for ensuring the safety of moviegoers. After many hassles, Sony has finally released the movie on multiple platforms.
It seems like troubled times for folks working at Sony Pictures is not going to come to an end anytime soon. The company that faced a massive hack which rendered most of its computers useless also faced release of its movies online. The attack was handled by a hacker group which calls itself Guardians of Peace or #GOP. It is now being reported that the employees of Sony Pictures are now getting threatening e-mails.
Sony has lost a lot of ground in this attack. Not only has there been the loss of business days, but also they are not yet sure of the scale of the theft due to the hack. Four of Sony’s upcoming movies were [...]
A few days back, Sony Pictures faced an unprecedented cyber attack where all the computers connected to its servers got hacked. All the computers of this major studio were rendered inaccessible. The hackers warned that if their demands weren’t met, they would release sensitive data. They had released .zip files that showed all the data that they had acquired by their contemptible doxxing of the company’s systems. The hackers have now released many upcoming and recently leaked movies from the production house online, along with other important documents. The hacker group, which calls itself Guardians of Peace or #GOP, is now linked to the hermit kingdom of [...]
All you Apple fans have something to look forward to. The new Steve Jobs movie has been picked up by Universal Studios. This news surfaced less than a week post Sony Pictures reportedly dropped the project. As per sources, the new Steve Jobs movie has been acquired at a price tag of more than $30 million. Following the last year’s flop Jobs, the yet untitled movie is said to have a much better script, director, and cast.
The upcoming movie based on Walter Isaacson’s biography ‘Steve Jobs’ will be penned by Aaron Sorkin. X-Men star Michael Fassbender is attached to star in the project. The film will be [...]
One of the major movie studios is facing a hack attack. Sony Pictures’ computers have been rendered inactive by a hacker group which calls itself Guardians of Peace (#GOP). The group took control of some official twitter accounts and was tweeting the same message across all accounts.
Sony Pictures sits at the top brass of movie production studios in Hollywood. It has produced blockbuster franchises such as Spider-Man, Men in Black, Underworld, and Resident Evil. The hackers have captured the computers of Sony Pictures across the country with an image of CGI skeleton. This image warned that if GOP’s demands [...]