Sony Pictures Q3 Profit Hits $51M In 50% Decrease From 2018

After debuting at the Sundance Film Festival in January, the fantasy feature Nine Days has been acquired by Sony Pictures Classics. Winston Duke leads the movie as Will, a reclusive man who is conducting a series of interviews with human souls for a chance to be born.

After debuting at the Sundance Film Festival in January, the fantasy feature Nine Days has been acquired by Sony Pictures Classics. Winston Duke leads the movie as Will, a reclusive man who is conducting a series of interviews with human souls for a chance to be born.

Cara Delevingne has a message forJustin Bieber.

Andrew Garfield as Spider-Man (Image courtesy Sony Pictures).

By Nellie Andreeva

Sony Pictures Entertainment has renewed its feature film agreement with Spanish pay-TV leader Moviestar Plus.

In this week’s International TV Newswire, Sony Pictures Television and Scandinavia’s Viaplay expand their content deal, Canada’s Pipeline Studios acquires Chilean animation studio Zumbastico, Yellow Bird US options Krystal Sutherland’s “A Semi-Definitive List of Worst Nightmares,” Love Nature 4K closes a major deal in Turkey and Northern Cyprus; and Mediterraneo Mediaset España sells “Dangerous Moms” in 40 territories.

By Nellie Andreeva

Sony's film unit recorded a $51 million (6.2 billion yen) profit for the October-to-December quarter, down from $107 million in the same quarter the previous year.Sales for the division were down 12 percent to $2.17 billion.Jumanji: The Next Level, which earned more than $750 million globally, contributed to profits, though its December release dates means around a third of that will be included in the current quarter's figures.

Currently riding high at the global box office with “Bad Boys For Life,” Japanese electronics to entertainment conglomerate Sony reported third quarter profits of $2.10 billion (JPY220 billion). That is sharply down on the $3.83 billion reported at the same point last financial year. Revenues increased by $1 billion to reach $22.5 billion ($2.46 trillion), compared with $21.4 billion (JPY2.40 trillion).

By Nellie Andreeva

By Peter White

By Anthony D'Alessandro

Sony Pictures Classic is partnering with Stage 6 Films for worldwide rights to the immigration love story I Carry You With Me, which is set to be released later this year.Based on a true story, I Carry You With Me is a decades-spanning romance that begins in Mexico between two young men, an aspiring chef and a teacher.

Sony Pictures Classics has teamed with Sony’s Stage 6 Films to oversee the global release of Heidi Ewing’s feature narrative debut “I Carry You With Me (Te Llevo Conmigo),” a gay love story about two men who immigrate to the United States. The deal follows the movie’s enthusiastic reception at this year’s Sundance Film Festival. The romantic drama debuted to multiple standing ovations in Park City, where it was shown in the NEXT section. It will be released later this year.

By Anthony D'Alessandro