Sony Pictures posted a profit of $366 million for the July to September quarter, Sony Corp. announced in Tokyo on Tuesday., which took more than $1.1 billion globally, and Quentin Tarantino'sRevenue was up 12 percent on the same period last year.
On Tuesday, Sony announced that its U.S. PlayStation Vue television service will shutter in January 2020 after struggling to turn a profit since its launch in 2015, and failing to find a buyer. Profits at the music division were up to $350 million , as revenues streaming revenue continued to grow. The entertainment to electronics conglomerate is planning to expand its profitable semiconductor/image sensor business, which makes chips for smartphones and other devices, by investing around $920 million in a new factory in Nagasaki, according to domestic media reports. Sony last monthand his Third Point hedge fund to spin off the semiconductor business, which has about a 50 percent global market share in the sector.
Source: Entertainment Trends (entertainmenttrends.net)
Joker earn more profit than Far from home and Once upon a Time in Hollywood combined 👏
Joker earn more money than Far from home and Once upon a Time in Hollywood combined 👏
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Super Mario turbo-charges case for Sony breakupShares of $45 bln Nintendo have gained 30% this year, partly thanks to a mobile hit featuring its iconic plumber. A richer valuation should also be an inspiration to sprawling rival Sony. Separating its video-games and entertainment business could be one way to narrow the gap.
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Sony to Shut Down PlayStation Vue Live Streaming Service'Unfortunately, the highly competitive pay TV industry, with expensive content and network deals, has been slower to change than we expected,' the company wrote in a blog post. Well crap! What other good streaming services are available people? Need some good suggestions!! How long until they shut down Sony Pictures? Every movie they’ve made recently apart from Spider-Man Homecoming, Far From Home & Jumanji have been either critical or financial bombs. Wtf
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Sony To Shut Down PlayStation Vue TV Service, Refocus On Core Gaming BusinessSony said Tuesday it plans to shut down its PlayStation Vue skinny-bundle TV service in order to refocus on its core videogame business. The end of the line will come next January 30. Viewers of fi… Everyone should be thinking about this point: 'Unfortunately, the highly competitive Pay TV industry, w/ expensive content and network deals, has been slower to change than we expected.' Everyone WANTS to have an OTT content platform - that does not mean everyone SHOULD have one.
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Sony Pictures Promotes Kate Donnelly And Chris Liberge To SVPs Of Global Strategic Marketing And ResearchSony Pictures has promoted Kate Donnelly and Chris Liberge to Senior Vice Presidents of Global Strategic Marketing and Research. The duo will co-run Sony’s new group of global film-specific s…
Source: DEADLINE - 🏆 109. / 63 Read more »
Sony to pull plug on Playstation VueSony Corp said on Tuesday it would shut down its cloud-based TV service PlayStat... jonathana12 there goes my future plan to threaten Directv over the phone with a switch to Vue 😒 I’ve had PSV for 4 years and loved it! Craaaaaaaaaap!
Source: Reuters - 🏆 2. / 97 Read more »
Sony to Shut Down PlayStation Vue Streaming TV ServiceSony said it plans to shutter its PlayStation Vue streaming television service early next year due to intensifying competition. OH NO, I love Playstation Vue! mltj22 JayZawaski670
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