SONY REPORTS HIGHER PROFITS ON HEALTHY DEMAND FOR ITS VIDEO GAMES, MOVIES AND MUSIC

Sony’s profit rose 6.5% in the last quarter on robust demand for its video games, films and music, the Japanese electronics and entertainment company said this week.

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Tokyo-based Sony Corp.’s profit in the AprilJune quarter totaled 231.6 billion yen ($1.6 billion), up from 217 billion yen, it said.

Quarterly sales edged up 1.6% to 3 trillion yen ($20 billion) as Sony’s entertainment business remained strong, although its financial services business lagged.

Sony officials said global demand for its animation offerings like “Demon Slayer” remained strong, including on streaming services like Amazon Prime.