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Jumanji-sequel and Spider-Man help Sony ahead again

4224b549faa9d187b3ef12eb0a32a51d - Jumanji-sequel and Spider-Man help Sony ahead again

Movies deliver electronics giant Sony money again. The division for television and movies of the Japanese group achieved in the last financial year profit thanks to movies such as “Jumanji: Welcome to the Jungle” and “Spider-Man: Homecoming”. A year earlier, took home the division is a large loss, partly due to the amortisation of the rights of old movies.

The Sony-branch for films, tv productions and television channels received in the fiscal year an operating profit of 41.1 billion yen (over 310 million euro), against a loss of 80,5 billion yen a year earlier. That is partly due to bioscoopsuccessen as “Jumanji: Welcome to the Jungle” and “Spider-Man: Homecoming”. The turnover of the speelfilmdivisie increased thanks to this and other titles by almost half.

Sony as a whole achieved the last year sales of 8.5 trillion yen. Accordingly, the electronics group operating profit of 734,9 billion yen. The net profit amounted to 491 billion yen.

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