Sony Pictures' losses estimated at $ 75 million
The cancellation of the "Interview" movie will provide Sony Pictures with losses of up to $ 75 million. This is reported by the Variety edition, citing its sources in the studio. This amount is made up of a production budget of $ 42 million and advertising costs for the project, which reached $ 30 million. It is alleged that initially the studio planned to invest $ 36 million in promoting the picture, but the entire amount was not spent due to the early cancellation of the premiere. Some of the losses may be covered by insurance if it is proven that the attack on Sony Pictures was organized by another state, such as the DPRK. However, in any case, the losses will not be limited to the cost of the project itself. The company will have to make massive investments in eliminating the consequences of the attack and modernizing security systems. In addition, Sony Pictures will have to answer in court over the claims of its former and current employees, who accuse the studio of inadequately protecting their personal data and demand impressive compensation. As a reminder, Sony Pictures was hacked on November 24, 2014. The Peace Defenders group demanded the cancellation of the rental of the comedy Interview, which dealt with the assassination of the leader of North Korea. As a result, the studio was forced to comply with this requirement. The Topic of Article: Sony Pictures' losses estimated at $ 75 million. |
