Sony's $3 billion tops global box office
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LOS ANGELES  - Sony Pictures Entertainment said Thursday that it has reached $3 billion in worldwide box office sales this year, a marker hit by only two other studios in movie history.
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"I Am Legend" led the  foreign box office for a third consecutive weekend with sales  of $34 million from 36 markets, according to studio estimates  issued Sunday.
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Sony Corp., the Japanese electronics and entertainment giant. said Thursday that its profit jumped 61.6 percent in the latest quarter on improved profitability in its mobile phone joint venture and gains in its movie business, led by &quot;Spider-Man 2.&quot;.
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Global cinema takings will rise steadily to $22.8bn (Â£12.6bn) by the end of 2004, a research body predicts.
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Sony (6758.T), which rivals Matsushita (6752.T) as the world's top consumer electronics maker, should see sales in China climb by about half in the fiscal year ending March 2005, its country chief said on Tuesday.
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"The Incredibles" lived up to its name at the foreign box office last weeekend, raking in an eye-opening &#36;45.3 million from 22 countries, according to final data issued Monday.
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Sony recorded a 61.6% jump in its net profit in the third quarter of this year thanks to the success of its entertainment and movie sectors, the firm said yesterday.
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Sony cuts full-year forecast by 3%, Matsushita warns on effects of high oil prices and competition. TOKYO  - Sony Corp. Thursday reported a quarterly profit gain thanks to the &quot;Spider-Man 2&quot; hit movie
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&quot;Shrek the Third&quot;  reclaimed the No. 1 spot at the foreign box office with an  estimated weekend haul of $17.2 million, lifting its overseas  total to $436 million.
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New kit being airlifted in to US, exec clams Sony's PlayStation 3 production lines are "now running smoothly", a senior company executive has claimed. The consumer electronics giant is "focused on our goal of shipping a million units to retail by the end of the calendar year", he added.â¦
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Pirates of the Caribbean: At World's End" ruled the seven seas with a record $139.8 million domestically over the long Memorial Day weekend, lifting its worldwide total to $404 million
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LOS ANGELES  - "Shrek the Third" led the foreign box office for a third consecutive weekend, earning more than its two closest competitors combined.
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Nicolas Cage is at the top of the box office for the third weekend in row, after National Treasure hauled in an extra $17.1 million at the box office.
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The Anglo-Australian mining giant unveils record profits of $3.4bn, helped by soaring demand from China.
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SAN FRANCISCO &#151; Electronic Arts Inc. exceeded Wall Street's earnings expectations Thursday despite fiscal third-quarter sales that dropped 38 percent, thanks to brisk holiday sales of video games used on the Sony Playstation 3.
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Nintendo's Wii outsold rival Sony's PlayStation 3 (PS3) three-fold in Japan last year, helping the country's multi-billion dollar video game market to notch up its best ever year, a survey showed Monday.
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Sony Pictures, riding  high at the box office with the comedy "Talladega Nights: The  Ballad of Ricky Bobby," has narrowly edged out Walt Disney Co.  to become the first studio to sell more than $1 billion worth  of tickets at the domestic box office this year.