Sony Photos Leisure’s full-year 2023 working revenue fell to $808 million from $894 million, with gross sales creeping up barely to $10.315 million from $10.141 million.
SPE contains movement photos, tv productions and media networks, and the full-year 2023 efficiency of these three segments have been impacted by the twin Hollywood strikes.
In Sony’s fiscal fourth quarter, the movement image division noticed revenue of $208 million, down from the $281 million working revenue within the third quarter. Within the newest quarter, the movie division launched the Sydney Sweeney and Glen Powell rom-com Anybody However You that proved to be a giant success on the field workplace and in addition on social media. Nonetheless, the quarter additionally noticed the discharge of the Sony/Marvel title Madame Net, that was panned by critics — the movie boasts a dreary 11 % Rotten Tomatoes critics rating — and was one other field workplace misfire for the studio’s makes an attempt to broaden its Spider-Man universe after the equally panned 2022 launch Morbius.
With a manufacturing price range of slightly below $100 million, Madame Net had an underwhelming six-day opening of $25.8 million, and made a complete of $100 million on the world field workplace.
Extra to come back…