Sony Entertainment Channel


Sony takes $977m charge on Pictures unit

Japan’s Sony Corp. has recorded a ¥112.1 billion (US$977.4 million) goodwill impairment charge due to the performance of its Sony Pictures Entertainment arm. The non-cash impairment will be written off as an operating loss, and will impact Sony’s third quarter financial results for the three months ending December 31, 2016 when they are revealed on […]