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Sony Pictures Aiming for $10 Billion-Plus Sales a Year by 2018

2014-11-18 15:33:15| Electronics - Topix.net

Growth expected to come from program production, TV network business more focus on tentpole movies and higher revenue from music streaming Sony Pictures Entertainment predicted annual sales of $10 billion to $11 billion for 2018 driven by a fast-growing TV network business, program production and more focus on profitable blockbuster movies, the company said at an investor day at its Tokyo headquarters Tuesday. SPE was forecasting revenues up to March 2018, and the figures are a significant uptick from the $8.1 billion the film unit of Sony Corporation made in the current year .

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