Strategy in TECH...
Market researchers are sounding the alarm as new research indicates that almost half of all moviegoers are no longer buying tickets to see movies at the theater. They say theater owners must “‘urgently’ rethink the experience.”
Sony Corps’ struggling film division, which hasn’t seen a major hit movie in a long while, has finally forced the company to take a writedown against third quarter earnings of a substantial $1 billion. The difficult decision was necessary to adjust or right-size the value of their operations and will mostly be booked against goodwill – to reset the value of the various film-related divisions.
