Sony Pictures Entertainment Profit Slides Down To $73M In First Quarter

Sony Pictures Entertainment posted first quarter operating incoming of $73M, down over 36$2.32B to $2.17B for the three months ended June 30, 2024, despite the performances of films such as The Garfield Movie and Bad Boys: Ride or Die and growth in streaming subs. Overall, Tokyo-based Sony pointed to a reduced number of theatrical releases and new TV season launches for the financial drops, but noted anime streamer Crunchyroll had swelled ...