Hollywood ending a lackluster year at the box office

December 23, 2014 12:51 PM

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That was a welcome message in Hollywood, which was struggling through a lackluster year at the box office even before the hackers who launched a crippling cyberattack on Sony Pictures Entertainment made threats against U.S. movie theaters. Amid security and legal concerns, major theater chains breathed a sigh of relief last week when the studio decided to pull "The Interview" from its Christmas Day release.

But the unprecedented decision to scrap the film's release also means that theaters stand to lose at least $100 million in potential box-office revenue, leaving a void for an R-rated comedy during a key period for the industry.

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