
Buoyed in part by record profits at Sony Pictures Entertainment, Sony Corp.'s net income surged 85% for the year to $1.5 billion.SPE earned $597 million for the fiscal year, ended in March, up a hefty 81% and repping well over a third of the total for the company. Sony cited a strong film slate led by 'Spider-Man 2,' 'Hitch' and 'The Grudge' (partly offset by 'Spanglish'), plus a boost in worldwide homevideo and international TV syndication.More...