Where would PSVR sales fit in this data? Can any useful information be extrapolated?
It all makes sense. Their output was absolute horseshit. A few years ago, they were great. Now I don't even know what the fuck they are doing. They need new people up there.Pictures division is a disgrace
Shameful result
Pictures division is a disgrace
Shameful result
It's because of $1b goodwill impairment
So if they didnt use the $1billion in goodwill impairment Sony pictures would have made a profit of $80mil?
This is my new favorite gif!Destiny 2 will shake the pillars of the earth
Destiny 2 will shake the pillars of the earth
Destiny 2 will shake the pillars of the earth
Destiny 2 will shake the pillars of the earth
Sony still has marketing deal for Destiny 2?
Why is Sony Pictures incapable of making a good movie these days, my god . It's only gonna get worse from here
We don't know but it's a high likelihood.
Confirmed:
RDR2
Highly likely:
All Star Wars games
Destiny 2
COD2017
I don't get it either. It is like there is still some sort of disconnect when discussing this sort of thing in different threads.
"WW sales aren't relevant in this thread"
The thread may not be specifically about WW sales and what not but I just don't think it is wise to speculate on matters without that huge context. Based on singular Japan or UK data, for example, Slim/Pro was underwhelming, flop, etc... With the WW context, they are performing just fine and even above Sony's expectations in the case of the Pro.
Damn shame indeed. Don't Breathe and Sausage Party were good movies. Regardless of how messed up the latter isPictures division is a disgrace
Shameful result
Well said.
Pros has been restocked in some asian countries so hopefully sales pick up even more.
Wait, really?
Gonna call Sony style again.
Yes, they have a 10 years deal with Acti for Destiny afaik.Sony still has marketing deal for Destiny 2?
Both Underworld and RE did good (and will be likely rebooted within the next 3 years), Smurfs will do good with kids, Life looks great and has a decent star appeal, Emoji movie could go either way...dunno.
When including Spider-Man, and the Dark Tower... Could be a good year.
When I say "good" I mean that it made its money back and will likely be decently profitable with the video release.Underworld disappeared from cinemas after two weeks in my country. Was it better in US ?
Obviously Sony made a lot of good with the PS4, but something I've noticed that people don't seem to mention as one of the reasons of the PS4's constant growth is Sony's dream E3s they had in the last two years, those E3s really helped build the idea that the PS4 is the console to go, I think it had a significant impact, yea E3 might be for the more hardcore but those hardcore players drive that narrative to the more mainstream audience as well.
Sony still has marketing deal for Destiny 2?
Could hit 60 mil by summer. Beastly.
When I say "good" I mean that it made its money back and will likely be decently profitable with the video release.
RE made its money back in 1 week.
A PSX event every December for the past three years also reinforces that idea.
They shouldn't. They already gonna let them use Spider-Man anyways. They just need a whole new team of people. If a movie looks like hot garbage lately there is a good chance it is a Sony movie.I wonder if Sony would sell the pictures division to Disney for Marvel reasons, if Disney was even interested.
I wonder if Sony would sell the pictures division to Disney for Marvel reasons, if Disney was even interested.
Financing stupid movies
Sony still has marketing deal for Destiny 2?
Arrival was great though.
Financing stupid movies
They did not produce it, just distribute in few territories. However, they are co-producing Blade Runner 2049.
What about Passengers, is it produced by them, and any good?
Great numbers for PS4!
Do we know how many PS4 Pros have been sold since its launch?
PlayStation is the beast. Did it save Sony maybe?
Its produced by them and I thought it was a good movie
Are they not selling/ shopping the movie division right now ?
The right move. It had a rotten leadership. Getting rid of the movie division as a whole would be a bad mistake. They are the leading videogame/console & music publisher on the planet. Having a healthy movie/TV-show division would make a really powerful entertainment trio.No, they are sticking with it but are planning full reorganization on the top. Old boss is already out, Kaz is supervising transition personally.
The right move. It had a rotten leadership. Getting rid of the movie division as a whole would be a bad mistake. They are the leading videogame/console & music publisher on the planet. Having a healthy movie/TV-show division would make a really powerful entertainment trio.
Mobile has product placement in movies and games lol. They also use display, camera, audio tech from other divisions.Well in theory - but in reality Sony sucks at using one division to support other.
They made HDR massive in video gaming - and the moment they announced it on Pro launch conference their TVs couldn't even enable HDR in game mode leaving market to Samsung. There was also a lot of confusion about whole HDR, game mode and TV support early.
If they were thinking globally the TV division should have been fully prepared for HDR gaming the moment they were announced to rip benefits of people buying 4K TVs.
Movie division haven't done anything for other divisions outside of some low class product placement.
Mobile was always on it's own - they barely tried to push their phones by using other divisions.
This is similar to what happened with the mobile division a few years back right? Pictures hasn't actually lost them $920M in their cash flow correct? I remember with mobile, the quarter the loss was written, Sony's cash flow actually increased.Their situation is bad because they have not been able to make hits recently. The Ghostbusters flop was really bad for them and the fact that Kaz Hirai moved to California to personally handle the restructuring of the business means they're taking this seriously.
But people are not reading that the big loss recorded at the Pictures division is due to a goodwill impairment charge.
It's a one-time charge due to the fact that the goodwill value of the division declared on their balance sheet since long ago, surpasses the current fair market value based on the expected future success and profits at that particular division, so they had to take an impairment charge.
Sony's stock is up almost 6% today so overall the financial results were well received by the market on the prospect of future profitability now that this ''burdens'' have been accounted for.