Sony Film Unit Posts $51M Quarterly Profit, Down 50 Percent

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.Jumanji: The Next Level, which earned more than $750 million globally, contributed to profits, though its December release dates means some of that will count for the current quarter.

Charlie’s Angels severely underperformed, taking just over $70 million at the global box office, hitting the division’s bottom line.The surprise success of Venom, which took more than $855 million worldwide, boosted results for the same period the previous year.Overall revenue at Sony …

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