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Sony Pictures Revenue Falls 13% as TV Deliveries Slow

Sony Pictures Revenue Falls 13% as TV Deliveries Slow
Sony Pictures revenue sinks 13% to $1.98 billion as TV deliveries slow; music division soars 21% on Michael Jackson revival · thestatesman.com

Sony Pictures made less money this quarter, losing 13% compared to last year.

They sold fewer TV shows and only one movie, so that part of the business did not do well.

But their music part did better, especially because people liked Michael Jackson songs again.

PlayStation sold the same amount of games, but made more money because of refunds from a court decision.

Sony still expects to earn a little more next year than before.

Key facts

Quarterly Revenue
$1.978 billion
Operating Income
$156 million
TV Unit Revenue
$571 million
Music Division Revenue
557.9 billion yen
PlayStation Hardware Sales
1.5 million units

Sources

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