Sony Writes Down Value Of Silvergate By $50M After Acquiring ‘Peter Rabbit’ Producer For $195M ...Middle East

EXCLUSIVE: Sony Pictures Television has taken a £39.7M ($50.5M) hit on Silvergate Media, the Peter Rabbit producer it acquired for $195M in 2019. Sony declared the impairment in accounts for Columbia Pictures Corporation Limited, the parent company for its operations in the UK, where Silvergate was founded in 2011. Columbia Pictures Corporation did not provide […]

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