Sony Films may have done a good deal of boasting recently about its record number of No. 1 openings this year, but in actual dollars and cents, it fared poorly, according to the parent company's latest quarterly filing. In the quarter that ended on Sept. 30, Sony reported a $129-million loss in its film business, partly the result of such flops as Zoom and All the King's Men but also because of the increasing costs of producing and marketing all of its films as well as declining DVD sales. In fact, the company actually saw a 12-percent increase in actual box-office ticket sales. Sony also was hit hard by slow sales in its game division as consumers shunned its PlayStation 2 game consoles, anticipating next month's planned release of PlayStation 3 -- and by the recall of batteries that it made for some nine million laptop and notebook computers.




26/10/2006