Sony Pictures reported a 76% year-on-year surge in operating income to JPY 18.7 billion ($129 million) for the quarter ended June 30, driven by a sharp increase in series deliveries within its television productions unit, the company reported Thursday.
Sales climbed 4% on a U.S. dollar basis to $2.22 billion (JPY 327.1 billion), though that represented a 3% decline in yen terms due to foreign exchange headwinds.
Related Stories
Within Sony Pictures, growth in operating income was attributed primarily to increased deliveries of series in the television productions division. This helped offset a decline in Motion Pictures revenue, which fell by $175 million
→ Continue reading at Variety
