Sony's Mixed Bag: Profits Dip but Full-Year Forecast Gets a Boost
Sony Pictures Entertainment saw a drop in profits for the second quarter of 2024. Revenues were $2. 3 billion, which is a small decrease of 2% compared to the same time last year. Profits fell by 25% to $93 million, and adjusted OIBDA was down 16% at $183 million. The main reason for this drop is th