Tag: theatrical revenue

Sony Pictures faced mixed outcomes in Q2, with declines in home entertainment and theatrical revenues offset by strong growth in streaming and music. Group-wide, Sony’s net income surged 75%, driven by strategic gains in gaming and third-party content licensing. Sony’s…

TheWrap examines how Hollywood's pivot to streaming to compete with Netflix has negatively impacted theatrical revenues. Disney's launch of Disney+ in 2019 led other studios like Warner Bros Discovery, Universal, and Paramount to follow suit, resulting in declining stock prices…