Unconventional Release Of The Interview Challenges Hollywood
The Interview earned 1.04 million from 331 locations on Thursday with additional unknown VOD gross. Sony executives say the day and date release drew audiences to theaters and digital platforms. Industry analysts see it as an accidental case study with limited signaling for wider use by majors. Theater chains worry about future impact if this strategy becomes common.
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Sony film mess shows gap between markets
In Tokyo Sony Corp faces a disconnect between its Japanese roots and its Hollywood controlled Sony Pictures Entertainment. Since buying Columbia Pictures in 1989 the company has struggled to create the desired synergy. Analysts note founder Akio Morita and successor Norio Ohga did not force a joint venture, leaving the film unit largely autonomous.
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Holiday deliveries improve with fewer late packages
FedEx delivered over 99 percent of express shipments on Dec 22 and 23, while UPS met the 99 percent promise, according to ShipMatrix. Last year on-time rates were in the low 90s due to weather and overloaded systems amid heavy online shopping, though exact delays were not disclosed.
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U S economy ends year stronger after a shaky start
The 2014 U S economy recovered from a harsh winter with job gains near 3 million and unemployment dropping to 5 8 percent. Stocks hit record highs as oil prices fell boosting consumer spending while inflation stayed below 2 percent. The year featured wage growth modestly rising and a shift to a virtuous cycle of expansion driven by rising incomes and credit.
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