Sony to buy Britain's CSC media group in TV network push

Jun 26, 2014

Sony to buy Britain's CSC media group in TV network push

Sony Corp.’s movie and TV unit will snap up Britain’s CSC media network, adding to a string of acquisitions designed to shift its focus from movies to higher-margin television programing. Sony Pictures Television, the company’s TV programing and network unit, said on Thursday it ...

Sony CEO apologizes for another steep loss

Jun 19, 2014

Sony CEO apologizes for another steep loss

Sony Corp. Chief Executive Officer Kazuo Hirai apologized to investors Thursday after the maker of PlayStation consoles and Xperia smartphones projected a sixth loss in seven years. “Sorry that we failed to meet shareholders’ expectations,” Hirai said at the company’s annual meeting in Tokyo. ...

Media eyes trend-setting Sony's loss of momentum

| May 31, 2014

Media eyes trend-setting Sony's loss of momentum

by Mark Schreiber

Let’s travel back 62 years. On the evening of Dec. 4, 1952, after NHK radio signed off its regular AM programming, an announcer proclaimed: “Tokyo Tsushin Kogyo and NHK now commence a joint experimental stereo broadcast.” In principle, stereophonic sound reproduction requires separation of ...

May 25, 2014

Sony still a Walkman in an iPad age, skeptical analysts say

Sony’s latest bid to halt years of losses and resuscitate its brand has provoked snorts of derision among analysts who say it falls way short. The criticism came after Sony Corp. President Kazuo Hirai on Thursday pledged to drag the electronics giant out of ...

Hirai refuses to pull plug on Sony TV business

May 22, 2014

Hirai refuses to pull plug on Sony TV business

by Kazuaki Nagata

Sony CEO Kazuo Hirai said Thursday the company still expects to turn around its loss-making home electronics business, which includes TV sets, this fiscal year after completing restructuring. “When I became president, (Sony) decided rebuilding the electronics business was the most important issue, and ...

Nov 18, 2013

Sony's PS4 sales top 1 million in debut, despite 'issues'

Sony Corp. sold more than 1 million PlayStation 4 consoles in North America in the first 24 hours of sales, though some buyers reported “issues” with the new gaming device, it said. The record sales, which top initial results for its predecessor, the PlayStation ...