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Todd Spangler
NY Digital Editor
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©Sony Pictures/Courtesy Everett Collection Blockbuster “Spider-Man: Brand New Day” delivered a major boost to Sony‘s September quarterly earnings on the top and bottom lines.
Sony Pictures Entertainment, for the quarter ended Sept. 30, reported sales up 37% to $3.23 billion and operating income of $488 million — a year-over-year increase of 527%. The results were largely driven by the box-office success of “Brand New Day.”
SPE’s theatrical revenue for the period came in at a whopping $1.28 billion, an 11-fold increase from the year-earlier period. Television productions segment revenue dropped 45% year over year, to $483 million.
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