Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Sony Pictures “The Interview” generated more than $15 million after it was released last Wednesday for online viewing, despite threats of cyber attacks.

The controversial comedy, starring Seth Rogen and is about a television host who gets an interview with Kim Jong Un and is later recruited by the CIA to assassinate the North Korean leader, has been rented or bough online more than two million times by Saturday, Sony said in its statement released on Sunday.

The title was available for online viewing on Google Play, YouTube Movies, Microsofts Xbox Video and the dedicated Sony website www.seetheinterview.com. The movie was also released on a limited number of theaters one day after its online debut, after the biggest US cinema chains said they will not screen “The Interview” amid threats of hacker violence.

According to movie market specialist Rentrak, the comedy generated around $2.8 million, including almost $1 million on Christmas Day, in box-office sales from the 331 theaters it was displayed in.

California-based Sony Pictures outlined that “The Interview” is already one of the most online viewed title ever. Apple also took part in the distribution, the movie was uploaded on the companys iTunes platform and was available for US and Canadian users, which paid $5.99 for rent and $14.99 to buy.

“The Interview” also marks the first big title to be released in the same time both online and in theaters, said Paul Dergarabedian, a senior media analyst at Rentrak, cited by Bloomberg. Usually similar actions are taken for smaller, independent movies which are not expected to secure enough viewers for a big theatrical release.

However, the dispute between North Korea and the US continues, on Saturday the Pyongyang’s highest decision-making body accused the US of sabotaging a number of North Korean major websites and also criticized the release of the movie.

“The U.S. is adding to its crimes by screening the movie ‘The Interview,’” Pyongyang said in a statement. “With no rhetoric can the U.S. justify the screening and distribution of the movie.”

The theatrical release did not experience any hacker problems. However, Sony PlayStation Network and Microsofts Xbox live were victimized again by a cyber attack later during the day of the release. The companies online services went dark and were not restored until December 27th and 26th, respectively. A hacker group that calls itself Lizard Squad claimed responsibility and said it was not targeting “The Interview” but rather it tried to outline major security problems in both platforms.

Sony Corp lost 0.25% on Friday, but gained 0.41% on Monday and closed at ¥2,561 in Tokyo, marking a one-year increase of 43.47%. The company is valued at ¥2.94 trillion. According to the Financial Times, the 17 analysts offering 12-month price targets for Sony Corp have a median target of ¥2 850, with a high estimate of ¥3 700 and a low estimate of ¥1 750.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • E.ON halts procuring new gas from Gazprom trading companiesE.ON halts procuring new gas from Gazprom trading companies E.ON’s (EONGn) Chief Executive Officer Leonhard Birnbaum said yesterday that the group had halted procuring new gas amounts from Gazprom trading companies in Europe, while responding to the military conflict in Ukraine.Although the […]
  • EUR/CHF holds near 6-week high, eyes on ECBEUR/CHF holds near 6-week high, eyes on ECB The EUR/CHF currency pair held close to a 6-week high of 0.9228 on Wednesday ahead of the outcome of the European Central Bank’s policy meeting.The ECB is largely expected to raise its main refinancing operations rate by 25 basis points to […]
  • Natural gas futures weekly recap, September 1 – September 5Natural gas futures weekly recap, September 1 – September 5 Natural gas fell for a fourth straight day on Friday to settle the week almost 7% lower after the EIA reported a larger-than-expected build in US inventories in the week ended August 29th and weather forecasting agencies predicted a broad […]
  • Oil Prices Slip as US-Iran Deal Uncertainty WeighsOil Prices Slip as US-Iran Deal Uncertainty Weighs Key Moments: ICE Brent futures settled 2.3% lower below $103/bbl, marking the weakest close since early May. Persistent uncertainty around US-Iran negotiations, including uranium enrichment and the Strait of Hormuz toll […]
  • Spain’s banking system solvency was in need of protection, according to IMFSpain’s banking system solvency was in need of protection, according to IMF The International Monetary Fund warned that proactive vigilance was needed in order the hard won solvency of Spanish banking system to be preserved. During its most recent visit to Euro zones fourth largest economy, IMF experts noted that […]
  • C&C Group appoints new Chief Financial OfficerC&C Group appoints new Chief Financial Officer C&C Group plc, a vertically integrated premium drinks company, said on Monday that it had appointed Andrew Andrea as its next Chief Financial Officer and Executive Director, effective March 1st 2024.Andrew Andrea has assumed senior […]