Sony Pictures Ups Q3 Theatrical Revenue 76%

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).

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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. .

 

‘Blade Runner 2049’ and ‘Riverdale’ Top the Google Play Charts in January

Blade Runner 2049 and season two of the series “Riverdale” were the top trending movie and TV series on Google Play in January.

The top five movies in January were, in order: Blade Runner 2049, It, American Made, The Foreigner and Geostorm. The top five TV shows were, in order: “Riverdale” season two, “The Magicians” season three, “Rick and Morty” season three, “Vikings” season five and “The Walking Dead” season eight.