Sony Pictures Entertainment Profit Slides Down To $73M In First Quarter
SONYSony Group(SONY) Deadline·2024-08-07 14:38

Sony Pictures Entertainment posted first quarter operating incoming of 73M,downover3673M, down over 36% year-on-year on a U.S. dollar basis. Revenues also slipped 7% from 2.32B to $2.17B for the three months ended June 30, 2024, despite the performances of films such as The Garfield Movie and Bad Boys: Ride or Die and growth in streaming subs. Overall, Tokyo-based Sony pointed to a reduced number of theatrical releases and new TV season launches for the financial drops, but noted anime streamer Crunchyroll had swelle ...