NEW YORK (TheStreet) — Sony  gained on Thursday as the media and electronics conglomerate pledged to emphasize television programming over movie making while pledging to cut $250 million in costs over the next two years from the company’s entertainment divisions.The changes, Sony Pictures CEO Michael Lynton, said would include “a significant shift in emphasis from motion pictures to higher …
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Movies Are So Yesterday, Sony Gains as Studio Shifts Emphasis to TV