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...console market — including hardware, software and services — is set to rebound 7.2 per cent this year to $60.9bn, after a 7.3 per cent decline in 2022, according to data from Ampere Analysis, the research group...
...Munich Re chair Nikolaus von Bomhard and his BASF counterpart Kurt Bock were both previously the most senior operational executives at their respective groups....
...Howard, 20 years his senior, was also formerly Sony Corporation’s chair and chief executive, but Stringer rejects the inevitable suggestions of nepotism. “It’s not really a nepo-brother thing....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...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....
...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...
...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...
...The talks collapsed at the weekend following a stand-off between Sony and Zee over the Japanese group’s refusal to allow chief executive Punit Goenka to stay on after the merger....
...If that deal happens, it will be the latest instance of international media groups scaling back or exiting India, a group that includes Warner Bros....
...The lorry management software and fuel cards payment provider, which trades as Eurowag, said: “At this stage, the group does not intend to pay dividends; instead, it intends to prioritise investment in growth...
...Sony is prepared to call off a merger agreement between its Indian arm and Zee Entertainment, the subcontinent’s largest listed media group, following numerous delays to complete a deal that would create...
...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....
...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....
...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...
...Chinese anti-corruption authorities are investigating a senior executive at one of the country’s top military equipment suppliers, China Electronics Technology Group Corporation, in a new sign of turmoil...
...Hiroki Totoki, Sony’s group president, will step in as chief executive of the division until a permanent successor is found. He will be thinly spread....
...This console was equipped with a processor called “Cell’‘ that was jointly developed by the Sony Group, Toshiba and IBM....
...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....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...Barbican Quarter Action, the local campaign group, said it was “disappointed” by the City vote and urged Gove to launch a further review....
...Strength in Sony’s gaming division, the largest contributor to group revenue, offsets group weaknesses elsewhere. Shares have climbed 28 per cent this year, ahead of Japan’s market indices....
...After the PlayStation 5 surpassed 50mn units in December, Hiroki Totoki, Sony’s group president and interim head of its gaming unit, said this week that it was “entering the latter half of the console cycle...
...Pointing to 26 changes to corporation tax since 2019, the group proposed that the government should announce and commit to tax policies for the lifetime of a parliament....
...But the Japanese group has not agreed to a deadline extension. “Sony’s at the end of its rope,” a person with knowledge of the matter told the FT....
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