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UK's CMA Says Sony's Completed Purchase Of AWAL Raises Competition Concerns
Sony Music Entertainment Launches New Expanded Podcast Division With Acquisition Of UK Audio Producer Somethin’ Else
Sony Says Semiconductor Shortage Means No Drastic Increase In PS5 Output
Sony Corporation is engaged in the development, design, production, manufacture and sale of various electronic equipment, instruments and devices for consumer, professional and industrial markets such as network services, game hardware and software, televisions, audio and video recorders and players, still and video cameras, mobile phones, and semiconductors. The Company engages in the development, production, manufacture, and distribution of recorded music and the management and licensing of the words and music of songs as well as the production and distribution of animation titles, including game applications based on animation titles. It also engages in motion pictures and television programming and television and digital networks business, and various financial services businesses. It includes Mobile Communications, Game & Network Services, Music, Films, Home Entertainment & Sound, Imaging Products & Solutions, Semiconductors, Financial Services and All Other segments.
Audio & Video Equipment
Chairman of the Board, President, Chief Executive Officer, Representative Executive Officer, Director
Chairman of the Board of Directors, Independent Director
Vice Chairman, Representative Executive Office
Chief Financial Officer, Vice President, Representative Executive Officer, Director
Executive Vice President, Chief Technology Officer
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* Deal promises edge in market share for Zee, Sony over Disney
A UK regulator referred Sony Music Entertainment's purchase of London-based independent record label AWAL for an in-depth probe on Thursday, after the buyer refused to divest any undertakings to allay competition concerns.
UK's competition regulator on Thursday referred Sony Music Entertainment's purchase of London-based independent record label AWAL for an in-depth probe after the buyer refused to offer any undertakings to alleviate competition concerns.
Sony Music Entertainment's purchase of London-based independent record label AWAL has raised competition concerns as it may lead to worse terms for artists, a UK watchdog said on Tuesday.
UK's competition watchdog said on Tuesday its initial investigation into Sony Music Entertainment's purchase of AWAL, a provider of services to independent recording artists, raised competition concerns and could lead to worse terms for artists.
Sony Corp raised its earnings outlook on Wednesday after a record first-quarter operating profit helped by pandemic stay-at-home demand for PlayStation 5 consoles, TVs, music and movies.
Sony Corp on Wednesday reported a 26.3% rise in first-quarter operating profit, benefiting from lingering pandemic-led demand for its PlayStation 5 games console.
* 'Some time' from being able to meet all PS5 demand -gaming chief
Japan's government wants Taiwan Semiconductor Manufacturing Co Ltd and Sony Group to invest 1 trillion yen ($9.2 billion) to build the country's first 20 nanometre chip plant, the Nikkan Kogyo newspaper reported on Wednesday.
Sony Group said on Wednesday it will spend 2 trillion yen ($18.39 billion) over the next three years on strategic investments, including a push to expand subscribers to its gaming and entertainment services.
A unit of Sony Corp has made a minority investment in Discord Inc as part of a deal to tie in the messaging platform with the consumer electronics company's PlayStation gaming division.
* Sees profit falling in gaming, network services, music (Adds CFO comment, detail)
Sony Corp on Wednesday posted fourth-quarter operating profit of 66.5 billion yen ($610.8 million), Reuters calculation showed, compared with a 35.4 billion yen profit a year earlier, helped by sales of its computer games, movies and other content.
U.S. retailers and pharmacies like Walgreens and CVS Health are preparing for a fresh round of "bot" attacks by scalpers hoping to snap up COVID-19 vaccine appointments as they did hoarding Sony PlayStation 5s and Nike sneakers.
U.S. retailers and pharmacies like Walgreens and CVS Health are preparing for a fresh round of "bot" attacks by scalpers hoping to snap up Covid-19 vaccine appointments as they did hoarding Sony PlayStation 5s and Nike sneakers.
* Boost from new PlayStation 5 games console, music and movies (Adds detail)
Japanese electronics and media giant Sony Corp raised its full-year profit outlook by one-third and said it was struggling to keep up with pandemic-fuelled demand for the new PlayStation 5 amid a global shortage of semiconductors.
Japanese electronics and media giant Sony Corp on Wednesday posted an operating profit of 905.4 billion yen, ($8.62 billion) up from 810 billion yen a year ago, as it benefited from increased demand in its video game and entertainment units. ($1 = 105.0000 yen) (Reporting...
Sony Corp said on Friday it is pulling CD Projekt SA's Cyberpunk 2077 from its PlayStation Store and offering full refunds after gamers complained that the flagship title was rife with bugs.
Sony Corp will buy AT&T Inc's animation business Crunchyroll for $1.175 billion, the two companies said on Thursday, as the Japanese electronics conglomerate aims to beef up its entertainment content and distribution businesses.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.