Sony Profits Decline Due to Weaker Film Results Despite Gains in Games and Music

Sony's first quarter profit fell 17-31% year-over-year due to weaker film business results.
The games division saw increased sales driven by strong PlayStation 5 demand, with 3.3 million units shipped.
The music division benefited from releases by major artists like Harry Styles and SZA.
A potential Hollywood writers' strike raises concerns for future film revenues.
Sony raised its full year profit forecast on strong performance in games, music, and a weak yen.