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Sony Isn't Only Investor to Get Burned by 'The Interview'

2015-01-08 22:14:26| Telecom - Topix.net

NEW YORK -- When it comes to Hollywood, even the smartest investors get burned. The allure of the movie industry has long attracted wealthy players, so when LStar Capital , a little-known Dallas-based company, decided to invest in a slate of film including a seemingly innocuous stoner comedy from Sony But after a massive cyberattack on Sony's computer systems, and The Interview 's chaotic online release online, LStar Capital, the credit financing affiliate of private equity firm Lone Star Funds , no doubt learned a valuable lesson: betting on Hollywood may be the riskiest crapshoot in any portfolio.

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