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Take Two

Sony Entertainment announces cuts, shift of focus from film to TV

By Take Two Staff
Published Nov 22, 2013
In this handout production photo provided by Sony Pictures Entertainment, Channing Tatum portrays John Cale in "White House Down". "White House Down", directed by Roland Emmerich, is about policeman John Cale saving the President of the United States when the White House is attacked by a paramilitary force on April 20, 2013.
In this handout production photo provided by Sony Pictures Entertainment, Channing Tatum portrays John Cale in "White House Down". "White House Down", directed by Roland Emmerich, is about policeman John Cale saving the President of the United States when the White House is attacked by a paramilitary force on April 20, 2013.
(
Sony Pictures/Getty Images
)

Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.

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Sony Entertainment announces cuts, shift of focus from film to TV

How many of you saw the film "After Earth"? What about "White House Down" or "Smurfs 2"?

If you didn't see any of these, you're not alone. Those were all box office flops this year, all from the film studio Sony Entertainment. 

RELATED: Sony to cut $250M, reduce slate of films and lay off employees

The company made a dramatic announcement yesterday that they would make a significant shift from movies and move to TV.  They also announced that they would be looking to cut more than $200 million over the next few years. 

With more on this we're joined by Andy Fixmer, he's an entertainment reporter with Bloomberg