Refresh for latest…: Sony Pictures Entertainment recorded $202 million in operating profit for the three months ended September 30, repping a 30% dip from the comparable period last year.
The company said Q2 profits were affected by the absence of new films licensed to digital streaming services and an increase in marketing costs to support current year theatrical releases.
Similar to the same 2021 frame, revenues in the division were up, however. This time by 3% to $2.44 billion on a dollar basis (numbers have been greatly impacted by exchange rates amid a strong dollar and a plummeting yen).
SPE had a more significant roster of movies released in the past quarter versus Q2 2021, including sleeper hit Where the Crawdads Sing which has grossed $132 million globally, Brad Pitt-starrer Bullet Train ($233 million worldwide) and critically acclaimed historic action drama The Woman King ($44 million).
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.