February 1, 2019
Sony Pictures Entertainment Feb. 1 reported third-quarter (ended Dec. 31, 2018) theatrical revenue of $532 million, up 76% from revenue of $302 million in the previous-year period.
Total revenue topped $2.45 billion, up 6.5% from $2.3 billion last year. Operating income increased nearly 10% to $102 million from $93 million.
Principle box office drivers included sci-fi thriller Venom, starring Tom Hardy, with $855 million in global revenue, and Spider-Man: Into the Spider-Verse, with $225 million.
In the previous-year period, top box office titles included Jumanji: Welcome to the Jungle ($329 million) and Blade Runner: 2049 ($163 million).
On the retail side, Sony Pictures Home Entertainment generated revenue of $320 million, down less than 4% from revenue of $331 million in the previous-year period. Through nine months of the fiscal year, home entertainment revenue was up 3% at $713 million from $692 million during the previous-year period.
Home entertainment releases in the quarter included Venom, Sicario: Day of the Soldado, The Equalizer 2, Alpha and Hotel Transylvania 3 : Summer Vacation.
Jumanji: Welcome to the Jungle, Hotel Transylvania 3, Blade Runner 2049 and Spider-Man: Homecoming were the top-selling SPHE titles released on DVD/Blu-ray Disc in 2018 – with combined revenue of $140.6 million, according to The-Numbers.com. .