Prime Focus vs Sony Pictures Entertainment

Brahma AI, backed by Prime Focus Limited, Raises $150 Million In Funding Round Led By Multiples Alternate Asset Management

Brahma AI, the AI-native operating system for enterprise audiovisual content, has raised $150 million in a funding round led by Multiples Alternate Asset Management. The investment marks a significant milestone for Brahma AI, accelerating its global expansion, and reflects Prime Focus’s long-standing strategy of backing technology at the intersection of creativity and AI.

Prime Focus Group Completes Phase 1 of Mumbai’s New Global Entertainment Ecosystem With Launch Of ‘Prime One’

The opening of Prime One marks the first major milestone in Prime Focus Group’s collaboration with the Government of Maharashtra to create a new global entertainment ecosystem in Mumbai.

Sony Launches FAST Service Live TV on PS5

Sony has launched "Live TV on PS5," a free ad-supported streaming television (FAST) service available in the U.S. on the PlayStation 5 console. The service features over 100 live channels and on-demand content, accessible directly through the PS5 media area without needing additional apps. Programming includes Sony’s own content, third-party channels from Lionsgate, Fox, NBCU, Bloomberg, Spotify, and A+E, as well as shows like The Walking Dead and Hell's Kitchen, Crunchyroll anime, and sports from Fox Sports, NBC Sports, NASCAR, and UFC. Sony Pictures Television positions it as a premium advertising environment, with Publica and PubMatic as adtech partners. The move bolsters Sony’s advertising business by leveraging the engaged PS5 user base, while maintaining its content-licensing strategy. A launch in Germany or other European markets hasn't been announced due to licensing constraints.

• Sony launched "Live TV on PS5" on September 1, 2026, as a free ad-supported streaming TV (FAST) service in the U.S.
• The service offers over 100 live channels and on-demand content, accessible directly through the PS5 media area without additional app downloads.
• Programming includes Sony’s own content, third-party channels (Lionsgate, Fox, NBCU, Bloomberg, Spotify, A+E), and specific shows/sports like The Walking Dead, Crunchyroll anime, Fox Sports, NASCAR, and UFC.

Sony Sees 13% Drop in Motion Pictures Revenue

Sony Pictures Entertainment reported a 13% decline in motion pictures revenue for its fiscal first quarter (three months ended June 30, 2026), with the unit generating $645 million versus $742 million a year earlier. The decline was driven by a much lighter theatrical slate (one North American release vs. four in the prior-year quarter), which reduced box-office and ancillary income while lowering marketing and distribution costs. Overall SPE sales fell 13% to $1.98 billion, but operating income rose 21% to $154 million. Other divisions showed mixed results: television production revenue fell 32% to $571 million, media networks revenue rose 10% to $744 million, Crunchyroll surpassed 21 million paid subscribers, music revenue increased 22% to 557.9 billion yen, and PlayStation hardware and services were broadly flat with 1.6 million PS5 units sold in the quarter.

• Sony Pictures Entertainment motion pictures revenue fell 13% to $645 million in the quarter ending June 30, 2026 (down from $742 million).
• SPE sales declined 13% to $1.98 billion; SPE operating income rose 21% to $154 million due to lower marketing and distribution expenses.
• Television production revenue fell 32% to $571 million from $841 million year-over-year, driven by fewer series deliveries.