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    Sony’s profits gain on “Demon Slayer,” digital camera demand

    By SHOOTUpdated:No Comments1135 Views
    In this April 28, 2021, file photo, a man passes by the Sony logo at an electronics retail chain store in Tokyo. Sony’s April-June profit rose 9% to 211.8 billion yen ($1.9 billion) as the Japanese electronics and video game maker continued to benefit from a sales perk from the hit “Demon Slayer” animation film. (AP Photo/Koji Sasahara, File)

    By Yuri Kageyama, Business Writer

    TOKYO (AP) --

    Sony's April-June profit rose 9% to 211.8 billion yen ($1.9 billion) as the Japanese electronics and video game maker continued to benefit from a sales perk from the hit "Demon Slayer" animation film.

    Healthy results in its music streaming business and robust demand for digital cameras, image sensors and the PlayStation 5 video game console helped Tokyo-based Sony Corp.'s quarterly sales grow 15% to 2.26 trillion yen ($20.7 billion), the company said Wednesday. 

    Sony had posted a 193.6 billion yen quarterly profit the previous year. Sony raised its full year profit forecast to 700 billion yen ($6.4 billion) from an earlier 660 billion yen ($6 billion). 

    The higher projection is still a drop from the 1 trillion yen profit Sony had racked up the previous fiscal year, when its sales jumped as people stuck at home for the coronavirus pandemic turned to video games, including those from Sony. 

    The PlayStation 5 went on sale late last year ahead of the holiday shopping season, each machine costing about $500. Production has not kept up with demand, and it's often sold out. Sony said 2.3 million PlayStation 5 consoles were sold during the April-June period. 

    Among Sony's top-selling music projects for the quarter were "Fine Line" by Harry Styles and "Singles: Sun Goes Down, Montero (Call Me By Your Name)" by Lil Nas X, while, in Japan, Nogizaka46 sold well.

    In its movie division, "Peter Rabbit 2: The Runaway," a 3D computer-animated comedy was a hit. The horror film "The Unholy" was also popular. Sony said some theatrical releases were delayed because of the pandemic. 

    Tags:Demon SlayerPlayStation 5Sony



    India’s legendary filmmaker Shyam Benegal dies at age 90

    Tuesday, December 24, 2024
    Indian film directors Shyam Benegal, right, is seen during a discussion on Indian Cinema in Hyderabad, India, Monday, Feb. 18, 2008. (AP Photo/Mahesh Kumar A, File)

    Shyam Benegal, a renowned Indian filmmaker known for pioneering a new wave cinema movement that tackled social issues in the 1970s, has died after suffering from chronic kidney disease. He was 90.

    His contribution to cinema was recognized as a director, editor and screenwriter. He was also credited with a new genre of filmmaking.

    Benegal passed away on Monday at Mumbai's Wockhardt Hospital, and his cremation will take place on Tuesday, the Press Trust of India news agency reported, citing his daughter Piya.

    "Benegal had been suffering from chronic kidney disease for several years but it had gotten very bad. That's the reason for his death," Piya said.

    Many paid tribute to the legendary filmmaker on social media platform X.

    Filmmaker Mahesh Bhatt wrote that Benegal told stories without pretense. "They were raw and real, about the struggles of ordinary people. His films had craft and conviction."

    "Deeply saddened by the passing of Shyam Benegal, whose storytelling had a profound impact on Indian cinema. His works will continue to be admired by people from different walks of life," India's Prime Minister Narendra Modi tweeted.

    He was a mentor to top Indian actors, including Shabana Azmi, Smita Patil, Naseeruddin Shah, and Om Puri who made their mark in Bollywood's popular cinema as well.

    "I have lost my foster father, a man to whom I owe more than I can say," posted Naseeruddin Shah.

    "Shyam Benegal was not just a legend; he was a visionary who redefined storytelling and inspired generations," said actor Manoj Bajpayee.

    Benegal came into the limelight in the 1970s, with a series of films that challenged mainstream Bollywood. His films Ankur (1974), Nishant (1975), Manthan (1976), and Bhumika (1977)... Read More

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