Sony profit slips as it admits to delaying movie, TV series release dates because of Hollywood strikes

Sony profit slips as it admits to delaying movie, TV series release dates because of Hollywood strikes

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Sony’s April-June profit slipped 17% from a year earlier, as worries grew about revenue damage from a strike in the movie sector, the Japanese electronics and entertainment company said Wednesday. Tokyo-based Sony Corp.’s fiscal first quarter profit totaled 217 billion yen ($1.5 billion), down…

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