Sony profits supercharged by new Spider-Man movie

Sony has reported a substantial increase in profits, with a 44% surge recorded between July and September. This growth was primarily driven by the box office success of the blockbuster movie Spider-Man: Brand New Day. Consequently, the group's film division revenues soared by 48% in the second quarter. Due to these strong financial results, the Japanese electronics and entertainment company has raised its annual outlook, reflecting the positive impact of its cinematic performance on overall earnings.