Friday, 28 January 2022

Tag Archives: Sony

Sony nearly doubles first-half net profits, upgrades forecast

TOKYO: Sony’s net profit nearly doubled to hit a record high in the six months to September, it announced Tuesday, as it upgraded its annual forecasts, with games such as “Spider-Man” and “God of War” leading the way. The electronics and entertainment giant said April-September net profit reached 399.4 billion ...

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Sony’s movie business takes a $1 billion hit

TOKYO: Sony Corp will write down the value of its movie business by nearly $1 billion in the third quarter, blaming weaker film profits as online streaming services sap demand for movie DVDs. In a statement, the Japanese TV-to-gaming group said it had cut its outlook for earnings from DVD, ...

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Sony buys controlling stake in EMI

LONDON: Sony says it has agreed to buy a controlling stake in EMI Music Publishing for $2.3bn (£1.71bn) as it looks to boost its music portfolio. The deal would mean Sony would indirectly own about 90% of the firm and its some two million songs by artists from Queen and ...

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Sony Deletes Tweets On Britney Spears’ Death, Blames Hackers

PARIS: Yet her fans’ hearts may have skipped a beat today when tweets purportedly from Sony Music Entertainment said “RIP @britneyspears #RIPBritney 1981-2016” and “Britney spears is dead by accident! We will tell you more soon #RIPBritney.” The real Sony Music Entertainment quickly deleted those tweets and issued a terse ...

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