‘Spider-Man’ Ups Sony Pictures Theatrical, Home Entertainment Q2 Revenue

Sony Pictures again pulled out its perennial ace card, Spider-Man, with predictable results.

Sony Pictures Home Entertainment Oct. 30 reported second-quarter (ended Sept. 30) revenue of $160 million, up $1 million from revenue of $159 million during the previous-year period. One of its biggest home video sellers was Spider-Man: Into the Spider-Verse, which was released to retail March 19.

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Sony Pictures theatrical revenue topped $2.1 billion, a 31% increase from revenue of $1.6 billion driven largely by the webslinger.

Spider-Man: Far From Home led with $1.1 billion at the global box office since its July 2 debut, while Quentin Tarantino’s Once Upon a Time in Hollywood added $390 million. The Angry Birds Movie 2 contributed $125 million.

This compared with Hotel Transylvania 3: Summer Vacation ($516 million); The Equalizer 2 ($187 million); Slender Man ($52 million) and Searching with $65 million in the previous-year period.

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. .

 

Sony Pictures Home Entertainment Posts Flat Q2 Revenue

Sony Pictures Home Entertainment Oct. 30 reported second-quarter (ended Sept. 30) revenue of $159 million, down less than 2% from $162 million during the previous-year period.

Through the year-to-date fiscal year, home entertainment revenue is up nearly 9% to $393 million compared to $361 million last year.

Releases in the quarter included The Leisure Seeker, The Good Doctor: Season 1, The Blacklist: Season 5, Superfly andFraggle Rock: The Complete Series. Releases in the previous-year period included Smurfs: The Lost Village, Resident Evil: Vendetta, The Blacklist: Season 4, Rough NightandStarship Troopers: Traitor of Mars.

Top-selling SPHE discs in 2018 remain Jumanji: Welcome to the Jungle with $56.7 million in revenue via more than 2.5 million combined DVD/Blu-ray Discs units sold; Peter Rabbit($17.4 million) through 932,000 discs, and Spider-Man: Homecoming($8.2 million, 630,000), according to The-Numbers.com.

Overall, Sony Pictures posted operating income of $23.5 million on revenue of $241 million. That compared to operating income of $7.7 million on $244 million during the previous-year period.

Theatrical revenue declined due to year-over-year comparisons with Spider-Man: Homecomingin the previous-year quarter.

The studio is projecting operating income of $50 million on revenue of $1 billion for the fiscal year, ending March 31, 2019. That’s up from $44 million and $990 million in revenue during the previous (July) projection.

Sony generated $41.1 million in operating incomes on $1.01 billion in revenue in fiscal-year 2017.

 

 

Sony Ups Q4 Home Entertainment Revenue

Sony Pictures Home Entertainment April 27 reported fourth-quarter (ended March 31) revenue of $290 million, which was up nearly 6% from revenue of $274 million during the previous-year period.

For the fiscal year, revenue dipped 5% to $982 million from $1 billion in the previous year.

Lone home entertainment release in the quarter – box office hit, Jumanji: Welcome to the Jungle– was released just 11 days before the end of the quarter.

Top-selling discs in the quarter included Spider-Man: Homecoming, which generated $1.7 million in combined DVD/Blu-ray Disc unit sales, according to The-Numbers.com. The title has generated $50 million in disc sales since its Oct. 17, 2017 retail release.

Baby Drivergenerated $16.7 million, while Josh Brolin’s forest fire bio-pic, Only the Brave, generated $5.6 million, and animated movie, The Star, generated $4.7 million.

Overall, theatrical revenue in the quarter increased 7% to $1.35 billion from $1.26 billion last year. Fiscal year revenue increased 8% to $4 billion from $3.7 billion.

Operating income for the fiscal year bounced back into the black at $841 million compared to a $962 million loss last year following an impairment charge.

 

 

Sony Ups Q3 Home Entertainment Sales

Sony Pictures Home Entertainment Feb. 2 reported third-quarter (ended Dec. 31, 2017) revenue of $331 million, which was up $3 million from revenue of $328 million during the previous-year period.

Through nine months of the fiscal year, revenue topped $692 million compared to $764 million during the previous-year period.

Top 10 titles released in the quarter included Baby Driver, Spider-Man: Homecoming, The Emoji Movie, The Dark Tower, Jungle,  All Saints and Flatliners.

Spider-Man: Homecoming remains SPHE’s top-selling title, generating $42.5 million on sales of more than 2.2 million combined Blu-ray Disc and DVD units, according to The-Numbers.com.

The Emoji Movie generated $12.5 million on 703,000 discs, in addition to Baby Driver with $12.9 million on 584,000 discs.

The results do not include 4K UHD Blu-ray or digital sales.

The studio also released House of Cards: Season 5, The Crown: Season 1 and Preacher: Season 2. Sony Pictures Television produces the series for original distributors Netflix and AMC Networks, respectively.

Overall, Sony Pictures Entertainment reported operating income of $95.1 million on revenue of $2.3 billion, compared to an operating loss of $968 million on revenue of $2 billion during the previous-year period.

Last year’s period included an impairment charge of $1 billion, which the studio attributed in part to the 1989 acquisition of Columbia Pictures.

Sony said theatrical revenue was driven by Jumanji: Welcome to the Jungle, television sales of the second season of “The Crown” to Netflix – offset in part by lower home entertainment catalog sales.