Japanese electronics and entertainment company Sony posted a 45 percent surge in its October-December profit thanks to tax cuts, a favorable exchange rate and gains in its music and movies segment.
Tokyo-based Sony Corp.'s profit in the last quarter was 429 billion yen ($3.9 billion), up from 295.9 billion yen in the same period a year earlier. Quarterly sales fell 10 percent to 2.4 trillion yen ($22 billion).
Other sectors such as games and semiconductors logged a weak performance, but they were offset by strong box-office receipts from the movie "Venom," and earnings from its imaging solutions, used in digital cameras.
This Nov. 15, 2018, photo shows the logo of Sony at its showroom in Tokyo. Japanese electronics and entertainment company Sony on Friday, Feb. 1, 2019, reported a 45 percent surge in fiscal third-quarter profit on tax reductions, a favorable exchange rate and gains in its music segment. (AP PhotoKoji Sasahara)
Sony, which makes Alpha digital cameras, Bravia digital TVs and the Aibo robotic dog, raised its profit forecast for the fiscal year through March to 835 billion yen ($7.7 billion) from an earlier estimate of 705 billion yen ($6.5 billion). That's up from 491 billion yen recorded last year.
The company's music division benefited from the acquisition of EMI, which has a vast music catalog.
Falling PlayStation 4 console sales hurt results, while an increase in game software sales helped, according to Sony. A shift in sales to more expensive TVs boosted the bottom line, while smartphone sales lagged, it said.
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Some celebrities donned anti-ICE pins at the Golden Globes on Sunday in tribute to Renee Good, who was shot and killed in her car by an Immigration and Customs Enforcement officer this week in Minneapolis.
The black-and-white pins displayed slogans like “BE GOOD” and “ICE OUT,” introducing a political angle into the awards show after last year’s relatively apolitical ceremony.
Mark Ruffalo, Wanda Sykes, Jean Smart and Natasha Lyonne wore the pins on the red carpet, and other celebrities were expected to have them on display as well.
Since the shooting Wednesday, protests have broken out across the country, calling for accountability for Good's death as well as a separate shooting in Portland where Border Patrol agents wounded two people. Some protests have resulted in clashes with law enforcement, especially in Minneapolis, where ICE is carrying out its largest immigration enforcement operation to date.
“We need every part of civil society, society to speak up,” said Nelini Stamp of Working Families Power, one of the organizers for the anti-ICE pins. “We need our artists. We need our entertainers. We need the folks who reflect society.”
Congressmembers have vowed an assertive response, and an FBI investigation into Good's killing is ongoing. The Trump administration has doubled down in defending the ICE officer's actions, maintaining that he was acting in self-defense and thought Good would hit him with her car.
Just a week before Good was killed, an off-duty ICE officer fatally shot and killed 43-year-old Keith Porter in Los Angeles. His death sparked protests in the Los Angeles area, calling for the officer responsible to be arrested.
The idea for the “ICE OUT” pins began with a late-night text exchange earlier this week between Stamp and Jess Morales Rocketto, the executive director of a Latino advocacy group called Maremoto.
They know that high-profile cultural moments can introduce millions of viewers to social issues. This is the third year of Golden Globes activism for Morales Rocketto, who has previously rallied Hollywood to protest the Trump administration’s family separation policies. Stamp said she always thinks of the 1973 Oscars, when Sacheen Littlefeather took Marlon Brando’s place and declined his award to protest American entertainment’s portrayal of Native Americans.
So, the two organizers began calling up the celebrities and influencers they knew, who in turn brought their campaign to the more prominent figures in their circles. That initial outreach included labor activist Ai-jen Poo, who walked the Golden Globes’ red carpet in 2018 with Meryl Streep to highlight the Time’s Up movement.
“There is a longstanding tradition of people who create art taking a stand for justice in moments,” Stamp said. “We’re going to continue that tradition.”
Allies of their movement have been attending the “fancy events” that take place in the days leading up to the Golden Globes, according to Stamp. They’re passing out the pins at parties and distributing them to neighbors who will be attending tonight’s ceremony.
“They put it in their purse and they’re like, ‘Hey would you wear this?’ It’s so grassroots,” Morales Rocketto said.
The organizers pledged to continue the campaign throughout awards season to ensure the public knows the names of Good and others killed by ICE agents in shootings.
For more coverage of the 2026 Golden Globes, visit https://apnews.com/hub/golden-globe-awards
Jean Smart poses in the press room with the award for best performance by a female actor in a television series – musical or comedy for "Hacks" during the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (AP Photo/Chris Pizzello)
Natasha Lyonne, left, and Clea DuVall arrive at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)
Wanda Sykes arrives at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)
Mark Ruffalo, left, and Sunrise Coigney arrive at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)
Mark Ruffalo, wearing a "Be Good" pin, arrives at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)
