"Power Lunch" spent a day in Hollywood ahead of Oscars weekend, talking to moguls, Wall Street investors and industry insiders, covering the risks and rewards of the film business.
Sony's movie business had a blockbuster year in 2006, raking in a record $1.7 billion at the box office domestically.Sony CEO Sir Howard Stringer talks to anchor Bill Griffeth about the company's Oscar hopes and the business of Hollywood.
Daniel Battsek, president of Miramax, talks to Griffeth about the studio's nominations, life after the Weinstein brothers and changes in the movie production business.
Reporter Julia Boorstin goes behind the scenes at PricewaterhouseCoopers, the accounting firm that's been tabulating Oscars votes for 73 years. Only two accountants know who will take home the coveted statuettes before the big night.