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Sony Pictures Q1 The profit jumps on serial deliveries, Theatrical takes a hit

Sony Pictures experienced a 76% increase in operating profit for the June quarter to $ 129 million in income that increased by 4% to $ 2.3 billion, the studio, said that more series deliveries in television productions compensate for a softer release list in annual shift for the first budget quarter of the Japanese giant.

Television Productions has increased in revenues to increase to $ 841 million, compared to $ 607 million the previous year when series deliveries were slowed down by the impact of Hollywood strikes.

Theatrical income fell to $ 132 million, compared to $ 322 million as 28 years later And Karate Kids: Legends was against Bad boys: ride or die the previous year. Parent Sony Coro. Noted a higher contribution of the catalog product in films, and said that the contribution came from the product of the catalog in television productions.

Sony has seen total turnover increase by 2% to $ 17.6 billion and operating income by 36% to 2.3 billion dollars.

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