Sony Inches Up Q4 Home Entertainment Revenue

Sony Pictures Entertainment May 13 announced that Sony Pictures Home Entertainment generated revenue of $303 million in the fourth quarter (ended March 31), which was up 1% from revenue of $300 million in the previous-year period. For the fiscal year, sales of DVD, Blu-ray Disc and digital titles declined almost 10% to $918 million, from $1.01 billion in the previous-year period.

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Overall, Sony Pictures revenue topped $4.37 billion, up 11.7% from $3.91 billion in the previous fiscal year. Theatrical sales increased 142% to $471 million from $194 million. For the year, box office revenue topped $1.7 billion from $1.19 billion.

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Sony’s top-grossing releases in the fiscal year included Spider-Man: Far From Home with $1.13 billion in global ticket sales, including $391 million in the United States. Runner-up was Jumanji: The Next Level with $797 million in worldwide box office, including $317 million domestic.

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Finally, Once Upon a Time in Hollywood filled out the podium with $372 million in worldwide ticket sales, including $142 million domestically.

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