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Sony Pictures revises Q3 results; posts profit of $51 million
MUMBAI: Sony Pictures has posted a profit of $51 million in the quarter ended 31 December, 2014, which is the same period that was affected by the email hacking attack. This more than the $20 million profit figure that the company had anticipated in February this year. The profit was down 75 per cent from the year-ago period in yen.
Sony Pictures’ revenue stood at $1.71 billion for the fiscal third quarter, up from the company’s estimate of $1.63 billion. When compared to the same quarter in 2013, the company’s revenue was down 20 per cent on a dollar basis, but only 7.7 percent in yen. The significant decrease in revenue on a US dollar basis was primarily due to a decrease in sales for motion pictures and TV productions. The decrease in motion pictures sales was due to significantly lower home entertainment and theatrical revenues.
The decrease in TV production sales was attributed to the same quarter of the previous fiscal year benefitting from higher home entertainment and subscription video on demand (SVoD) revenues from the US television series Breaking Bad.
It may be recalled that Sony had delayed its third quarter earnings owing to the hacking of its servers last year.
Additionally, the mother company – Sony Corp’s official Q3 operating profit stood at $1.5 billion, which was up 2.2 per cent from the estimate it reported last month.
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Ek Deewane Ki Deewaniyat Premieres 14 Feb on Zee
Ek Deewane Ki Deewaniyat world TV premiere 14 Feb at 8pm passion meets politics.
MUMBAI: Cupid’s arrow just got a plot twist and it’s heading straight for your TV screen. This Valentine’s Day, Zee Cinema is turning up the heat with the world television premiere of Ek Deewane Ki Deewaniyat, a raw, rule-breaking romantic drama that proves love doesn’t always come wrapped in roses.
Set to air on Saturday, 14 February at 8pm, the film stars Harshvardhan Rane and Sonam Bajwa, directed by Milap Zaveri. It dives headfirst into obsession, heartbreak, and the kind of unconditional love that leaves scorch marks. Rane plays Vikramaditya, a powerful politician whose all-consuming passion for actress Adaa spirals into chaos when his feelings go unreturned unleashing a storm of emotion, misunderstanding, and life-altering consequences.
The timing couldn’t be sharper. Audiences are clearly craving intense love stories over sugar-coated ones, and this film taps straight into that vein. Harshvardhan Rane already has a loyal fanbase from his cult hit Sanam Teri Kasam, which cemented his status as the go-to guy for heart-wrenching romance especially among younger viewers who keep the film on repeat.
Milap Zaveri captured the film’s beating heart, “This film is about love that doesn’t follow rules. With Valentine’s Day being a time when audiences gravitate towards romantic narratives, the television premiere of Ek Deewane Ki Deewaniyat on Zee Cinema felt like the perfect fit. The continued love for intense romances shows there is a strong emotional appetite for such stories.”
Rane himself called it a story rooted in messy, honest emotion, “Ek Deewane Ki Deewaniyat explores love in its most intense and vulnerable form where emotions are messy and deeply human. It’s a story that doesn’t shy away from passion or pain on Valentine’s Day making it even more special as it reflects the many shades of love people experience.”
Sonam Bajwa added her take, “Ek Deewane Ki Deewaniyat is not a conventional love story, it’s raw, intense and emotional. Valentine’s Day is usually associated with happy romance but this film explores love in its most vulnerable form.”
So if your Valentine’s plans include more than chocolates and clichés, tune in to Zee Cinema at 8pm on 14 February. Because sometimes the most unforgettable love stories aren’t the ones that end neatly, they’re the ones that leave you questioning just how far passion can push before everything changes.
