Home alone, with music
February 03, 2021

Sony profits surge 71% in lockdown

Sony’s recorded music and music publishing operations grew 13% to 187.11 billion yen in the company’s fiscal third quarter, which ended December 31, from 165.66 billion yen in the year-earlier period, Billboard reports. Additionally, Visual Media/Platform grew by 54.8% to 74.62 billion yen from 48.21 billion yen, thanks to the 'Demon Slayer' movie. The company posted 59.69 billion yen in operating income, a whopping 64.7% increase over the prior year’s total of 36.25 billion yen.