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Sony Pictures Home Entertainment Sees Revenue Gain for Nine Months of Fiscal Year

Sony Pictures Home Entertainment Feb. 3 reported that sales of packaged and digital media totaled $639 million through nine months of the fiscal year (ending March 31), up almost 4% from revenue of $615 million during the previous-year period.

The top-selling DVD/Blu-ray Disc movie in 2020 was Jumanji: The Next Level with $47.7 million in sales of 2.37 million combined units, followed by Bad Boys for Life with $27.8 million from 1.36 million units.

With scant new releases in physical and digital media due to the ongoing pandemic, SPHE reported third-quarter (ended Dec. 31, 2020) revenue of $149 million, down almost 42% from revenue of $255 million during the previous-year period.

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With just four theatrical releases in the quarter, theatrical revenue came in at $14 million, down 96% from revenue of $354 million during the previous-year period. The top-producing movie was Screen Gems’ Monster Hunter, with $13 million in global ticket sales. Sony Pictures has 10 theatrical releases slated to bow in 2021, led by Fatherhood, starring Kevin Hart, Alfre Woodard, Lil Rel Howery, DeWanda Wise, Anthony Carrigan and Paul Reiser, on April 16.

Separately, Sony Pictures Television generated three series for subscription streaming services in the quarter, including season two of “The Boys” for Amazon Prime Video; season four of “The Crown” for Netflix, and season one of “De Brutas Nada” for Lionsgate’s Pantaya.

From Jan. 1, Sony has 14 shows in production streaming on third-party SVOD platforms, including season one of “The Party” and seasons two and three of “For All Mankind” on Apple TV+; initial seasons of “A League of Their Own,” “Wheel of Time,” “Truth Seekers,” and seasons 1 and two of “Them: Covenant” for Amazon Prime Video.

Sony also has five shows in production for Netflix, including season four of “Atypical,” season one of “Behind Her Eyes,” seasons three and four of “Cobra Kai,” season three of “Sex Education,” and seasons five and six of “The Crown.”

Sony also produced season one of “Coyote” for CBS All Access; seasons five and six of “The Boondocks” for HBO Max, and season two of “Woke” for Hulu.

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