LOS ANGELES (Reuters) – Sony Pictures Entertainment Co-Chairman Amy Pascal apologized on Thursday for “insensitive” jokes she made about President Barack Obama in emails that were stolen by hackers who recently attacked the studio’s computer network.
The emails were exchanged between Pascal and film producer Scott Rudin, according to a report on the BuzzFeed website. Ahead of a breakfast event with the president, the pair joked about the type of movies Obama might like, mentioning films with African-American themes or stars.
LOS ANGELES (Reuters) – Sony Corp’s (6758.T: Quote, Profile, Research, Stock Buzz) movie studio could face tens of millions of dollars in costs from the massive computer hack that hobbled its operations and exposed sensitive data, according to cybersecurity experts who have studied past breaches.
The tab will be less than the $171 million Sony estimated for the breach of its Playstation Network in 2011 because it does not appear to involve customer data, the experts said.
LOS ANGELES/BOSTON (Reuters) – A group that claimed to be responsible for the massive computer hack at Sony Pictures Entertainment demanded that the company cancel the release of “The Interview,” a comedy that depicts an assassination plot against North Korea’s leader.
A letter posted on a file-sharing site on Monday asked Sony to “stop immediately showing the movie of terrorism which can break the regional peace and cause the War!” It was signed by GOP, the nickname for the “Guardians of Peace” group that says it is responsible for a cyber attack at Sony that began Nov. 24.
LOS ANGELES/BOSTON, Dec 6 (Reuters) – Forensics experts
hired by Sony Corp to investigate the massive cyber
attack at its Hollywood studio said the breach was
unprecedented, well-planned and carried out by an “organized
group,” according to an email obtained by Reuters on Saturday.
Kevin Mandia, the top executive at FireEye Inc’s
Mandiant forensics unit, made the comments in an email to
Michael Lynton, chief executive of Sony Pictures Entertainment
LOS ANGELES (Reuters) – Employees at Sony Pictures Entertainment received threatening emails on Friday that claimed to be from the group that carried out a massive cyber attack at the Hollywood film studio.
The email said it came from GOP, the shorthand for “Guardians of Peace,” the group that claimed responsibility for the hacking of Sony that began Nov. 24, a Sony spokesman said.
LOS ANGELES (Reuters) – Media company Fullscreen has agreed to acquire Rooster Teeth, an 11-year-old online production studio based in Austin, Texas, that created the long-running video series “Red vs. Blue,” executives of the companies told Reuters.
Fullscreen, one of the biggest networks on YouTube, is majority-owned by Otter Media, a joint venture between AT&T and Peter Chernin’s The Chernin Group.
(Reuters) – Walt Disney Co (DIS.N: Quote, Profile, Research, Stock Buzz) posted quarterly profit that fell in line with Wall Street expectations as the media and theme park giant rode the blockbuster performance of its movie box office hits “Maleficent” and “Guardians of the Galaxy.”
Shares of Disney, which have hit record levels as the company consistently beat forecasts in recent quarters, dropped 2.5 percent in after-hours trading on Thursday. The stock closed at a record $92 before the earnings were reported.
LOS ANGELES (Reuters) – Major media companies have become far less dependent on the cyclical advertising market, reporting another strong quarter of profits boosted by checks written by streaming services such as Netlfix Inc (NFLX.O: Quote, Profile, Research) and fees from cable operators.
Time Warner Inc (TWX.N: Quote, Profile, Research), CBS Corp (CBS.N: Quote, Profile, Research) and Twenty-First Century Fox (FOXA.O: Quote, Profile, Research) each reported profits that beat Wall Street expectations for the September quarter, even as advertising showed pockets of weakness.
LOS ANGELES (Reuters) – Major media companies have become far less dependent on the cyclical advertising market, reporting another strong quarter of profits boosted by checks written by streaming services such as Netlfix Inc and fees from cable operators.
Time Warner Inc, CBS Corp and Twenty-First Century Fox each reported profits that beat Wall Street expectations for the September quarter, even as advertising showed pockets of weakness.
LOS ANGELES, Nov 4 (Reuters) – After the votes are counted
for the midterm U.S. elections, cable operators will be among
the big winners, nearly doubling ad sales to about $800 million,
while the nation’s TV station operators will see far more modest
TV stations will pocket an estimated $2.4 billion from ads
on local, state and federal elections, according to projections
by ad tracking firm Kantar Media that were provided to Reuters.
That’s about $100 million more than in the 2010 election cycle.