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You are at:Home»Entertainment»Sony Pictures Entertainment saw an increase in profit in the last quarter on lower costs
Entertainment

Sony Pictures Entertainment saw an increase in profit in the last quarter on lower costs

May 15, 2025003 Mins Read
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Sony Pictures Entertainment made it possible for the benefit of jumping 70% during the March quarter to 354 million dollars on lower theatrical marketing costs. The revenues for the three months, the fourth tax quarter of Sony, were essentially stable at 2.7 billion dollars.

Paddington in Peru was a success in Q1, especially calm for Hollywood. Other versions included One of the daysVery decorated with Walter Salles I’m still there And Become Led Zeppelin Since Sony Pictures Classic and Heart eyes from the screen Jewels. The previous year in the star quarter Clarence’s book, Madame Web And Ghostbusters: frozen empire At the end of March, which was an expensive film to market.

Future: Karate Kid: Legends, which opened its doors in Latin America (n ° 1 in Mexico) last weekend and arrived in the United States on May 30; Danny Boyle Horror 28 years later Directed by Alex Garland opening on June 30; And I know what you did last summer Restart in July. Everything went well in Cinemacon last month as well as a glimpse of a Anaconda remake With Paul Rudd and Jack Black Out in December; the next Spider-Man: Beyond the spiderwhich has just received a release date (June 2027); as well as the Darren Aronofsky Flying with Austin Butler.

SPE, directed by Ravi AhujaIncludes films, television productions and multimedia networks worldwide. Giant Sony is also a parent Sony musicGames and electronics, imaging and detection and financial services solutions, which the company plans to relax in the fall.

Sony recorded a total profit of $ 1.3 billion (197.7 Billion from Yen), up 5% compared to the previous year, on sales of $ 17.7 billion, down 24%.

Japan, like other American trade partners, was struck by President Donald Assetincreased price. In his financial report, Sony said: “We respond quickly to the additional American rates that have already been implemented and consider answers to multiple possible future scenarios.” The company expects to manage the impact on profitability at around 100 billion Yen ($ 685 million), or less than 10% of the forecast of operational income. »»

During a call after the figures, Sony Group CEO Hiroki Totoki, which was promoted at the start of employment at the start of this year, said that the entertainment company represented around 60% of income in the last quarter and that the company continues to focus on expanding the segment, according to reports. It was in the mixture for Paramount Global before the company Shari Redstone accepts to sell itself in Skydance. Last summer, he acquired the Alamo Drafthouse cinema chain.

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