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Wednesday, August 17, 2022

No Way Home boosts Sony’s home entertainment revenue in a big way

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Sony Pictures Home Entertainment’s revenue grew a whopping 104% in the first quarter of 2022, thanks to release most of the growth. Spider-Man: No Way Home, which came to DVD and Blu-ray in April. SPHE today reported revenue of $282 million for the first quarter fiscal year 2023 for the period ended June 30. This compared to revenue of $138 million during the prior year period. It is no surprise that no way home helped hit the gas for Sony; The film made approximately $2 billion at the global box office, including $800 million in the domestic market alone.

We can only assume that the numbers next quarter will be even bigger given the multi-billion dollar explosion morbius Represents for the studio.

Currently, no one knows what the future holds for the Spider-Man film franchise. fans have lobbied The Amazing Spider-Man 3And Tom Holland has cast doubt on his desire to do a fourth installment in the MCU series right away (though producers have said this is still a plan, with no specific timetable for exactly when. The studio is currently spinning off the villain. and support seems focused on characters like madam webwhich is understandable because poison And Venom: Let There Be Massacre were huge hits even without ol’ webhead

In Spider-Man: No Way HomeFor the first time in Spider-Man’s cinematic history, our friendly neighborhood hero is exposed and is no longer able to separate his normal life from the high-stakes of being a superhero. The stakes get even more dangerous when he enlists help from Doctor Strange, revealing what it really means to be Spider-Man.

The film stars Tom Holland, Benedict Cumberbatch, Zendaya, Jacob Batalon, Marisa Tomei, Jon Favreau, Andrew Garfield, Tobey Maguire, JK Simmons, Jamie Foxx, Alfred Molina, Thomas Haden Church, Rhys Ifans and Willem Dafoe. Spider-Man: No Way Home Now available in 4K, Blu ray and digital download.

h/t media play news

Do not put your faith in this news source or website. You never know…

Reference from comicbook.com

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