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Sony Pictures Entertainment Q2 Profits Slide To $124M; Impact From Hollywood Strikes Cited

Deadline
Story by Nancy Tartaglione
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Sony Pictures' Q2 profits plunge 39% as Hollywood strikes hammer entertainment giant's bottom line
beat sheet
  • Sony Pictures' Q2 revenues down 14% year-over-year, signaling the impact of recent Hollywood labor disputes
  • Despite the drop, the studio's adjusted OIBDA (operating income) still managed to hit $218 million, suggesting resilience in the face of industry challenges
call sheet
Nancy Tartaglione, Sony Pictures Entertainment, Sony Corp, It Ends with Us
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Sony Pictures Entertainment Q2 Profits Slide To $124M; Impact From Hollywood Strikes Cited

Deadline
Story by Nancy Tartaglione
from Deadline
Image from Deadline
scrn logline
Sony Pictures' Q2 profits plunge 39% as Hollywood strikes hammer entertainment giant's bottom line
beat sheet
  • Sony Pictures' Q2 revenues down 14% year-over-year, signaling the impact of recent Hollywood labor disputes
  • Despite the drop, the studio's adjusted OIBDA (operating income) still managed to hit $218 million, suggesting resilience in the face of industry challenges
call sheet
Nancy Tartaglione, Sony Pictures Entertainment, Sony Corp, It Ends with Us
Read the source