Studio Profit Report: A Year of Major Transition. Overall, only one studio unit among Hollywood conglomerates posted profit growth for the calendar year 2023 amid fast-paced change and disruption ...

TOKYO (AP) — Japanese electronics and entertainment company Sony’s profit rose 13% in October-December on growing sales of music, image sensors and video games, the company said Wednesday.

But Sony Pictures still turned an operating profit of $179 million (about 25 billion yen) on $2.35 billion in revenue, led theatrically by “Lyle, Lyle Crocodile.” ...