Sony’s film unit recorded a $107 million (11.6 billion yen) profit for the October-to-December quarter, up from $93 million in the same quarter the previous year.
Sony Pictures’ bottom line was lifted by Venom, which took $855 million globally and Spider-Man: Into the Spider-Verse, which took $225 million, as well as higher television licensing revenue from its program catalogue. Theatrical revenue in the quarter was $532 million, up from $302 million in the same quarter a year ago.
‘Venom’ and ‘Spider-Man: Into the Spider-Verse’ lift Sony to $107M quarterly profit
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