Sony Pictures lost a key financial partner
Sony Pictures has lost one of its key financial partners. According to The Hollywood Reporter, the investment company LStar Capital has refused further cooperation. Under the terms of the contract, which was signed in 2014, when Sony Pictures was still under the leadership of Amy Pascal, LStar Capital pledged to invest $ 200 million in the creation of promising movie projects for the studio. The agreement was to be valid until 2019, but after a series of box office flops, investors began to question the need to continue supporting Sony Pictures' projects. LStar is said to have lost money on such movies as "Passengers", "The Brothers from Grimsby" and others. Foreseeing the sad outcome, the company refused to participate in the financing " The Topic of Article: Sony Pictures lost a key financial partner. |
