By Nancy Tartaglione International Box Office Editor/Senior Contributor Refresh for latest…: Sony Corp is reporting its full year 2019 earnings from Tokyo this morning with a 28.4% dollar increase in profits at Sony Pictures Entertainment.
The division recorded $628M in operating income, up from $489M the previous year. The significant hike, which is through March 31, 2020 just after the coronavirus pandemic had shuttered cinemas globally, is down to higher worldwide theatrical sales versus 2018 which included the strong performances of last summer’s Spider-Man: Far From Home and the later releases of Jumanji: The Next Level and Bad Boys For Life.
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