After reversing its decision not to release “The Interview” under pressure from the U.S. government, Sony Pictures is now hinting that it should receive taxpayer compensation for potential fallout.Rent-seeking update.
According to HitFix.com, “The Interview” is only opening in 331 theaters, so it “will be judged more on it’s per screen [revenue] than anything else.”
As of Thursday afternoon, Hollywood Reporter reports that the movie “is pacing to earn $2 million for the four-day holiday weekend,” which would amount to just over $6,000 per theater.
“Sony has gone full hog to embrace itself as a victim of state-sponsored terrorism,” Holman Jenkins said in an op-ed for The Wall Street Journal on Tuesday, but the reality is that Sony’s inability to protect itself from hackers has already imposed diplomatic costs on the government, and may eventually impose financial ones, as well.
Friday, December 26, 2014
Sony Seeks Bailout: Sony Asks Feds For Same Treatment As 9/11 Victims
The Daily Caller reports: