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...“Sony really cares about selling hardware but from a Microsoft perspective, it’s more about their subscription service,” she said....
...Sony will list its financial services arm in 2025, providing a boost for investors even as the Japanese group cut its forecast for full=year sales of its PS5 gaming console....
...Sony’s shares fell by as much as 8.6 per cent on Thursday after the Japanese group cut its forecast for sales of its flagship PlayStation 5 gaming console....
...Stringer was also by then hustling his way through the ranks at Sony, becoming chair of Sony Music UK in 2001 before moving to Columbia in the US in 2006....
...Indian media company Zee’s share price fell 27 per cent on Tuesday after Sony called off a merger between the two groups, ending two years of talks aimed at creating a market-leading entertainment conglomerate...
...“With the accountants in charge, Sony is not prepared to cut prices by $100 to stimulate demand because that would cost $2bn in profits,” Gibson said....
...The New York Times first reported the talks between Sony and Apollo....
...Sony has sent a termination letter to Zee Entertainment, ending its merger agreement with the Indian media group two years after striking an ambitious deal to create a $10bn entertainment powerhouse in the...
...action” against Sony....
...“It’s evident that Sony has had a change of mind at the eleventh hour.”...
...But Sony has not agreed to a deadline extension. “Sony’s at the end of its rope,” one of the people said....
...Sony was upbeat on the prospects of its flagship PlayStation business, which benefits strongly from the weak yen....
...People close to Sony suggest the project is aimed at gaining manufacturing knowhow of cars, which could then help Sony to sell its automotive image sensors to Tesla and other EV groups....
...Since joining Sony in 1987, his core experience at Sony has been in finance. He has held the post of chief financial officer since 2018 and led the establishment of Sony Bank in 2001....
...The Cell strategy ultimately failed as Sony couldn’t recoup the massive manufacturing investment....
...Hardware sales are slowing, with Sony cutting its forecast for PlayStation 5 sales this week....
...Opera companies around the world will be fighting for her. ★★★★☆ ‘Wagner: Parsifal’ is released by Sony Classical...
...Clip: The Fog of War, RadicalMedia and SenArt Films, distributed by Sony Pictures Classics, 2003 Free links to read more on this topic: Russia ‘prepared’ for nuclear war, warns Vladimir Putin Israel grapples...
...The world’s largest contract chipmaker said on Tuesday that Toyota, Japan’s largest carmaker, will take a 2 per cent stake in the second factory while Sony will take a 6 per cent stake....
...Sony’s biggest gaming rival Microsoft increased prices for the Xbox counterpart, the Game Pass service, in July. Sony has been pushing ahead with a premium strategy for its hardware, too....
...But for the rest of the year, Sony expects PlayStation to lead the charge....
...“Sony’s at the end of its rope,” a person with knowledge of the matter told the FT....
...RedBird IMI beat several suitors for All3Media, including French TV production group Banijay, Sony and The North Road Company, a studio run by former Fox Group boss Peter Chernin....
...Corporate earnings: Sony, Japanese insurer Tokio Marine Holdings and Japan Post Bank report third-quarter earnings....
...“Sony’s intellectual property is well placed and combined with Zee, it could be a lot more valuable,” Goyal said. “Sony is in a very good position.”...
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