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RE: LeoThread 2024-11-15 12:31

in LeoFinance2 months ago

Part 6/7:

Diversifying and Weathering Challenges

Sony's expansion continued into the movie industry with the acquisition of Columbia Pictures Entertainment in 1989. This led to one of the company's most profitable bets - the acquisition of the film rights to Spider-Man for just $7 million, which has since generated nearly $9 billion in revenue.

However, Sony's success has not been without its challenges. In 2014, the company was the victim of a massive data breach, dubbed the "most serious cyber attack ever made against U.S. interests." The attack, which was allegedly carried out by North Korea, resulted in the leaking of sensitive information and the decimation of Sony's infrastructure.

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