Coming in at $204 million, operating income was 77% above the first quarter of 2023.
This is mainly attributable to the impact of the Hollywood strikes on release dates.
Delays in series deliveries were also cited as a cause for the downward shift.
Patrick Wilson in ‘Insidious: The Red Door’Screen Gems / Courtesy Everett Collection
to reduce impact, the studio plans to engage in cost control and other measures.
Sony also revealed that itsPlayStation 5gameSpider-Man 2had sold more than five million units in its first 11 days.
The profits forecast remains unchanged for fiscal year 2023.
