Sony’s online streaming release of The Interview has taken $30 million

By chance and circumstance The Interview is the first major motion picture to debut on the internet. Shot on a production budget of $40m the film has so far taken $30m at the virtual box office. Also in an interview Michael Lynton of Sony Pictures has talked for the first time about the full scale of the hack. 100 terrabytes of data stolen, wiped and the studio’s network is still offline 6 weeks later.

Read moreSony’s online streaming release of The Interview has taken $30 million

Signs of Spielberg’s predicted “crash and burn” as Lone Ranger bombs

Spielberg recently said he felt the multiplex cinema filmmaking industry was heading for implosion, where someone making a $250m popcorn movie forgets to add a compelling reason for an audience to see it. A string of massively costly flops follow, bringing the system to its knees. The soft opening of Lone Ranger (a western with Johnny Depp by the makers of Pirates of the Caribbean) points to Spielberg being right on the money…

Read moreSigns of Spielberg’s predicted “crash and burn” as Lone Ranger bombs