New 'Spider-Man' shows how far Sony has come from Walkman

Entertainment generates nearly 70% of profit at group facing calls for breakup

20190703N Spider-Man

Sony's "Spider-Man: Far From Home" grossed well over $100 million on its opening weekend in mainland China, Japan and Hong Kong. © Reuters

DAISUKE MARUYAMA, Nikkei staff writer

TOKYO -- The new Spider-Man film from Sony that swung into U.S. theaters Tuesday is the latest installment in a money-spinning franchise that illustrates how entertainment has become central to the group's performance.

The superhero's exploits not only sell movie tickets but also help drive other Sony businesses, such as video games.

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