Sony's music business sees 20% operating income lift in fiscal Q2
Sony’s music arm posted an operating income of $122 million for its fiscal second quarter, ending September 30.
The figure represents a 20% increase on a constant currency basis. The company posted revenues of $1.16 billion – up 15%.
Sony's music performance contributed to overall operating income of $733 million for Sony Corp. overall and sales of $15.8 billion.
The increase in sales was due to an increase in visual media and platform sales reflecting higher live entertainment venue revenue ...
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