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national lead
'The Interview' makes $1 million at box office
New York (CNNMoney) – "The Interview" banked $1 million at the box office on Christmas Day, and it could make a couple million more over the long holiday weekend.
"The audience reaction was fantastic - the limited release, in under 10% of the amount of theaters originally planned, featured numerous sellouts and a first-day gross over $1 million," Sony Pictures worldwide distribution president Rory Bruer said in a statement.
Bruer nodded to the "incredibly challenging circumstances" around the release and said "we are extremely grateful to the people all over the country who came out to experience 'The Interview' on the first day" it was in theaters.
The scandalous Seth Rogen comedy could potentially make a lot more money online, through $5.99 movie rentals and future sales to streaming services like Netflix.
national lead
Sony will release 'The Interview' at limited number of theaters on Christmas
New York (CNNMoney) – "The Interview" is not over, after all.
Despite threats from hackers, Sony is making the controversial Seth Rogen comedy available at a limited number of theaters on Christmas.
The movie studio's CEO Michael Lynton said Tuesday that "we're excited our movie will be in a number of theaters on Christmas Day."
money lead
Murdoch's Fox made offer to buy Time Warner
New York (CNNMoney) – Rupert Murdoch's 21st Century Fox made an offer to buy Time Warner in June, and Time Warner gave a firm answer: No.
Even so, news of the proposal on Wednesday sent the stock of Time Warner soaring 15%.
Such a deal would be massive: the initial bid was $80 billion. That would value Time Warner at $85 a share, 20% higher than Time Warner has been trading.
money lead
David Muir to replace Diane Sawyer on 'World News'
New York (CNNMoney) – Diane Sawyer will step down from ABC's flagship nightly newscast, "World News," in August, ABC said Wednesday.
David Muir, the weekend "World News" anchor, will replace her starting September 2.
The announcement ends months of speculation about a transition at ABC's anchor desk.
national lead
David Letterman to retire
New York (CNNMoney) – Late night television legend David Letterman will retire in 2015.
Letterman announced his plan during a taping of "The Late Show" on Thursday afternoon. He said he had discussed the possibility of his retirement with CBS chief executive Les Moonves.
"He and I have had a relationship for years and years and years, and we have had this conversation in the past, and we agreed that we would work together on this circumstance and the timing of this circumstance," Letterman said. "And I phoned him just before the program, and I said 'Leslie, it's been great, you've been great, and the network has been great, but I'm retiring.'"
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