How the Michael Jackson Biopic 'Michael' Drove Sony Music to a Record $3.5 Billion Quarter

This box-office success triggered a wave of renewed streaming and catalog sales for Michael Jackson's music. Sony identified Jackson's Thriller and Bad among its top-performing recorded music projects for the quarter . In the week after the film's release, Jackson's solo catalog reached 137.5 million on-demand streams in the US, up 146% . The albums Thriller and Bad both climbed back into the quarter's top 10 best-selling recorded music projects .

Beyond Jackson: A Strong Artist Lineup

While the King of Pop was the headline, the Music segment's performance was broad-based. Top sellers for the quarter also included Ella Langley and Bad Bunny . Growth was seen across multiple revenue streams:

• Streaming: Recorded music streaming revenues increased 9.7% year-on-year to $1.488 billion .
• Vinyl: Vinyl sales surged 36% .
• Live events and merchandise: These businesses also contributed to the growth .

Sony Music's operating income rose 14% to 105.9 billion yen ($664.78 million), and the company raised its full-year guidance for the Music segment .

Sony Pictures: A Quieter Quarter with Improved Profitability

In contrast, Sony Pictures Entertainment saw revenue drop 13% year-on-year to $1.98 billion . The segment lacked the same blockbuster slate depth as the prior period, which had benefited from the aftermath of Hollywood strikes .

However, operating income actually rose 21% to $154 million . This was partly because the prior-year quarter was weighed down by strike-related costs, making the year-on-year comparison more favorable. The Michael biopic itself was a Sony Pictures theatrical release in many markets and contributed box-office revenue, but it was not enough to offset the broader slate's weakness .

Sony Group Overall: Record Operating Income Led by Gaming and Sensors

At the group level, Sony turned in a beat on analyst estimates, posting record first-quarter operating income .

Source: Sony Group Q1 FY2026 Consolidated Financial Results

The group's operating profit surge was actually led by Gaming & Network Services and Image Sensors, not just Music . The Gaming segment saw operating income climb 37% to ¥202 billion, supported by U.S. tariff refunds and favorable forex movements . Imaging & Sensing Solutions sales jumped 26% to ¥512.7 billion, while operating income surged 125% to ¥122.2 billion .

Key Takeaways

• Music was the revenue-growth standout: Its 22% growth far outpaced the group's 8% overall sales increase, powered by the Michael Jackson catalog resurgence and a strong artist roster.
• Pictures had a subdued top-line quarter but improved profitability year-on-year.
• The group overall delivered a record Q1, driven by gaming and sensors, with Music as the second engine. Sony raised its full-year guidance across multiple segments .