Sony reports 24% rise in profits due to strong demand for music and movies

Sony’s quarterly profits rose by nearly 25% (Eugene Hoshiko/AP)

Sony has said its quarterly profit rose by 24% due to healthy demand for its music and movies, prompting the Japanese entertainment and electronics giant to raise its annual sales and profit forecasts.

Tokyo-based Sony’s July-September profit totalled 264 billion yen (£1.55bn), up from 213 billion yen (£1.25bn) in the previous year.