Playstation and Spider-Man performance see Sony profits surge

Sony reported a 44 per cent rise in quarterly net profit, helped by strong PlayStation results and the box-office success of *Spider-Man: Brand New Day*. The figures show how entertainment releases and game sales contributed to growth even as sales of PlayStation 5 consoles declined.

For the three months ended September, net profit reached 449.6 billion yen, up from 311.4 billion yen a year earlier. Sony Pictures earned $581 million, a 527 per cent increase, while *Spider-Man: Brand New Day* took $2.52 billion worldwide. PlayStation 5 sales fell to 2.6 million from 4 million, although game sales rose across digital and physical formats; Sony said development of its next console was progressing as scheduled.