Sony’s Movie Unit Sees Revenue Drop 13 Percent In Latest Quarter; Big Gains In Music

Sony’s Global Music Biz Revenue Tops $3.53 Billion on 36% Surge in Vinyl, Live, Merch Sales

Streaming and sales of music by Michael Jackson, Ella Langley, Bad Bunny, Raye, SZA and Peso Pluma and Tito Double P made the music business the No. 2 sales generator in Sony Group overall.

Michael Jackson Boosts Sony Music Sales Amid Quiet Quarter For Studio

The box office success of Michael appears to have put some thriller into Sony’s earnings. Sony Music Entertainment’s sales bounced 22% to 557.9 billion yen ($3.5B) in the three months to the end of June, according to the company’s Q1 earnings. Sony Music revealed that Jackson’s “Thriller” and “Bad” were among its top 10 best-selling recorded music projects during the quarter, coinciding with the release of Lionsgate biopic Michael. Over at So…

Sony’s Movie Unit Sees Revenue Drop 13 Percent In Latest Quarter; Big Gains In Music

Crunchyroll continues to grow paid subscriber numbers, but lower revenues from motion pictures was due to the studio only releasing one theatrical film in North America in the period. Music sales were boosted by the renewed interest in Michael Jackson.

Sony Pictures Revenue Drops 13% in June Quarter, Music Segment Sales Jump 21%

Sony Pictures Entertainment posted a sales decline for the June quarter, offset by growth at Crunchyroll, while Sony’s music segment saw revenue increase 21%. The PlayStation games unit had flat sales for the period and a 37% increase in operating income drive by U.S. tariff refunds. Revenue for Sony Pictures for the quarter ended June […]

Michael Jackson Catalog Surge Powers Sony Music Sales to $3.5B

TOKYO — Michael Jackson is driving huge profits for Sony Music Entertainment once again. ​The music giant posted 557.9 billion yen ($3.5 billion) in sales for the three months ending June 30. That is a 22% jump compared to the same period last year. ​The surge comes as the hit Lionsgate biographical movie Michael renewed interest in the King of Pop’s legendary songs. Sony reported that Jackson’s iconic albums Thriller and Bad landed among its to…

Sony Pictures Entertainment Sees Revenue Drop 13% In Latest Quarter; Big Gains In Music

Crunchyroll continues to grow paid subscriber numbers, but lower revenues from motion pictures was due to the studio only releasing one theatrical film in North America in the period. SPE’s TV unit saw Q1 revenue reach $571 million, down 32% from $841 million in the same period a year earlier.