With no tentpole franchise launches in 2022, the fall was broadly expected.
However there was benfits from more series deliveries and the acquisitions of TV producers Industrial Media and Bad Wolf.
The operating income drop was partially put down to the absence of the GSN Games business from the results.
‘Spider-Man: Across the Spider-Verse’Sony
Sony sold the division to Scopely at the back end of 2021 for $1B.
However, there was also a decrease in sales more generally.
It is predicting operating income will remain flat, with sales improving but marketing costs increasing.
