Sony suffers second box office letdown as it eyes partial spinoff

LOS ANGELES, July 1:  Sony, which is studying a partial spinoff of its studio at the urging of major shareholder Daniel Loeb, suffered its second box office misfire of the summer season when its action movie “White House Down” opened with ticket sales below industry forecasts. “White House Down,” which stars Jamie Foxx as the US president and Channing Tatum as a federal agent who saves the White House from terrorists, opened with 25.7 million dollars in domestic ticket sales, according to the studio, below industry experts’ estimates of over 30 million dollars. (agencies)