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Film division revenues soar 48% in second quarter as Japanese group raises annual outlook

Film division revenues soar 48% in second quarter as Japanese group raises annual outlook

Sony is enjoying a sharp profit spike in its latest quarterly financials, largely driven by its PlayStation business and the blockbuster success of Spider-Man: Brand New Day. According to the company's September earnings, Sony's net profits climbed to 449.60 billion yen (about $2.84 billion) for the three months ended September - a 44 percent increase […]

Revenue topped $3.23 billion for the period in which the movie unit released 'Evil Dead Burn,' 'Insidious: Out of the Further' and 'Resident Evil.'

The Tokyo-based company now expects ¥1.87 trillion in operating income for the year through March, raising its guidance by 15%.

The friendly neighborhood Spider-Man has swung Sony Pictures Entertainment (SPE) to a massive hike in second quarter profit. The box office success of Spider-Man: Brand New Day was the main reason SPE posted earnings of $581 million for the three months to September 30, a huge 527% swing on the $93 million posted in the […]

Blockbuster “Spider-Man: Brand New Day” delivered a major boost to Sony’s September quarterly earnings on the top and bottom lines. Sony Pictures Entertainment, for the three months ended Sept. 30, reported sales up 37% to $3.23 billion and operating income of $581 million — a year-over-year increase of 527% and an all-time record for operating […]

The blockbuster success of “Spider-Man: Brand New Day” and “The Odyssey” fueled a record-breaking quarter for AMC Theatres. Total revenue for the three-month period ended Sept. 30 hit $1.71 billion, up 31.6% from $1.30 billion a year earlier. That marked the biggest sales haul ever posted by the world’s largest cinema chain, eclipsing the previous […]

Zendaya has worn her fair share of archival couture on the red carpet, but one of her most talked-about looks this year cost less than $35. Now, fans can recreate the viral outfit for even less, thanks to an officially licensed “Spider-Man” T-shirt available on Amazon for under $20. The actress turned heads during a […]

Marcus Theatres posted its highest third quarter revenue and profit ever as the box office boomed led by Spider-Man: Brand New Day, The Odyssey and a diverse slate of films. Theatrical revenues rose 21% to $145 million for the three months ended in September; operating income of $22.2 million rose by $9.9 million. Admission revenues […]

The Hollywood technologist who led Gollum’s motion capture on “The Lord of the Rings: The Two Towers” and built the first digital humans made with Light Stage technology for “Spider-Man 2” will run Eros Imagination, a new creative technology and experiences business set up by Eros Innovation. Eros Innovation, an AI company founded by the […]