Sony is moving away from its sagging smartphone business and looking to increased strength in entertainment to drive its turnaround effort. If all goes according to plan, the changes will help the company increase its operating income roughly 25-fold over the next three years.
On the video game front, things are going very well, with the company anticipating roughly 16 million PlayStation 4 consoles sold in the current fiscal year and strong software and digital content sales driving profits in the division. On the other hand, Sony's movie division looks to be in less stellar shape, with a weak box office performance thus far in 2015 following up some big disappointments in the prior year.
To reach its turnaround targets, the company will need to make good use of its entertainment properties across video games and movies. Click through the following slideshow to learn about five franchises that are of big importance to Sony.
The article Spider-Man, Uncharted, and More: 5 Key Sony Corp (ADR) Franchises for the Next Decade originally appeared on Fool.com.
Keith Noonan has no position in any stocks mentioned. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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