Sony Pictures reports a $281 million profit in the third Fiscal quarter and promising 2024!
In the third quarter of 2023, the revenue for Sony Pictures Entertainment (SPE) was affected by the dual Hollywood strikes, causing a decline in motion pictures and television productions. However, the media networks segment witnessed growth during this period. During the third fiscal quarter, the film industry experienced a decline in revenue with a total of $880 million, compared to $895 million in the previous quarter, but it still showed an improvement from $799 million in the corresponding period last year. In the most recent quarter, several noteworthy films were launched by the motion picture division. Affirm Films’ Journey to
Review-Sony Pictures reports a $281 million profit in the third Fiscal quarter and promising 2024!