Sony Pictures In The Red

“Sony has a long — and, until recently, successful — history of making big bets on and indulging the creative visions of top filmmakers and actors like Jim Carrey. That strategy has yielded blockbusters. But over much of the past year, Sony’s strategy has stopped working. Outside of ‘Hitch,’ the studio hasn’t seen one of its films gross more than $100 million in domestic theaters since October 2004’s The Grudge.”