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...“Sony really cares about selling hardware but from a Microsoft perspective, it’s more about their subscription service,” she said....
...If it goes through, the deal would make Microsoft the third-biggest gaming company by revenue, behind China’s Tencent and Sony....
...Sony Music in 2021 paid $430mn to buy independent music company AWAL....
...“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....
...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....
...Hardware sales are slowing, with Sony cutting its forecast for PlayStation 5 sales this week....
Gargantuan role-playing games and an addictive fish-based simulator were standouts this year
...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....
...Warner, the third-largest music group after Universal and Sony, said the approach was preliminary and non-binding, and that it had asked for a limited amount of information to conduct due diligence with...
...The technology group plans to make a handful of games that were previously offered only on its Xbox available on Sony’s PlayStation and Nintendo’s Switch, in a departure from its previous strategy of keeping...
...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 has recently begun discounting its $499 console in several markets....
...“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.”...
...Nintendo’s Switch and Microsoft’s Xbox consoles are the PlayStation’s main competitors to Sony’s gaming business. Sony shares are down more than a tenth in the past month....
...Sony later confirmed the new licence, though both sides refused to give further details....
...Shah estimated the combined annual revenues of Zee and Sony’s India unit at about $2bn. But Sony and Zee will have to contend with the financial muscle of some of India’s most powerful tycoons....
...This means Joaquin Phoenix and Vanessa Kirby will be able to appear at next week’s premieres of Napoleon — the $250mn Ridley Scott epic financed by Apple TV+ and distributed by Sony — in London and Paris...
...GBA’s nearly 200 members include large companies from a range of sectors, including Nestlé USA, AstraZeneca, Diageo, Mercedes-Benz, Panasonic, Sony Corporation of America and chipmaker TSMC....
...Sony did not immediately return a request for comment....
...Macquarie analyst Damian Thong called the latest decision by Sony “an excellent move”, saying “it is good that Sony is able to change course when new opportunities present themselves”....
...On behalf of 17 music publishers including Sony Music Group and Universal Music Publishing Group, the National Music Publishers’ Association filed a suit in the federal district court of Nashville alleging...
...Within days, Sony had called a truce with Microsoft, agreeing a new licensing deal to keep Call of Duty on PlayStation following the merger....
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