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Sony Q2 revenue includes $622 million from streaming

Sony posted another strong period for its second fiscal quarter. The whole music division had quarterly sales of $2.04 billion (219.28 billion yen), on operating profit of $349 million (37.48 billion yen).

Total recorded music revenue for the period rose 10.5% to $1.04 billion. The figure included streaming revenue of $622 million, which increased 21.4% year-on-year. It was also a rise from $612 million in streaming revenue from the first quarter of Sony’s fiscal year. Physical sales rose 3.6% to $189.1 million for the period.

Sony restructured its business for recorded music and publishing in July. This is the first complete quarter since it combined the divisions as Sony Music Group.

Anna Washenko

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