Sony Pictures saw its fiscal first-quarter bottom line drop to a profit of $115 million (16 billion yen), down 68 percent from the $394 million (50.7 billion yen) profit it reported during the same period in 2022.
While theatrical sales were up, revenue from new TV series and streaming licensing were down. Promotional costs also increased.
Revenue in the Japanese…
This story from hollywoodreporter.com was posted on 2023-08-09 by @oceanblaze.