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Sony faces creative uncertainty as Pascal prepares to exit

Sony faces creative uncertainty as Pascal prepares to exit

Amy Pascal's exit from Sony Pictures comes as the studio faces one of its biggest creative crossroads. The film studio has been trailing its Hollywood rivals when it comes to big, reliable franchises — the kind of blockbusters that drive the box office. These films are considered an essential part of a modern Hollywood that has to answer to Wall Street investors. Sony Pictures finished 2014 ranked fourth among the six major Hollywood studios, bested by 20th Century Fox, Disney and Warner Bros. The $1.26 billion in U.S. and Canada ticket sales was well behind Fox's $1.94 billion last year, according to entertainment data firm Rentrak. Whoever takes over for Pascal will...

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