Sony’s Pictures Division Reports Loss Of $719M; Company’s Overall Net Profit Takes 50% Hit

Sony has recorded a full-year net profit of $655M, a 50% fall from the previous year, while its Pictures division posted a loss of $719M year-on-year, driven by box office underperformance. Sales and operating revenue for the division sat at $8B overall. The results … Read entire story.

Source: Deadline