Sony Pictures Soars To $1.3 Billion Third-Quarter Profit

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Sony Pictures Soars To $1.3 Billion Third-Quarter Profit
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Sony Pictures Swings To $1.3 Billion Q3 Profit

has recorded a third-quarter profit of $1.314 billion, up a staggering 570% from the comparable period in 2020. Revenues saw a 122% increase to $4.063 billion versus the same quarter the previous year.

Reporting results for the three months ended December 31, 2021 out of Tokyo this afternoon local time, Sony said other contributing factors to the strong quarter included the performance ofas well as higher sales for television productions due to the licensing ofRelated Storyhad grossed $1.282 billion worldwide. Through last Sunday it was at $1.74 billion global, having also become only the 10th movie ever to exceed $1 billion at the international box office.

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