Tag Archives: Sony

If you owned a PC with a DVD drive more than 10 years ago, you’re probably owed $10. From a report on The Verge: A class-action lawsuit is now accepting claims after Sony, NEC, Panasonic, and Hitachi-LG were accused of inflating the prices of optical d… Continue reading If You Owned a PC With a DVD Drive You Might Be Able To Claim $10→

The Sony PlayStation 4’s next system update, out now for beta testers, will allow users to connect an external USB hard drive. From company’s blog post: It’s easy to upgrade the HDD that came with your PS4, but if you’re still looking for more storage … Continue reading Sony PlayStation 4 Is Finally Adding Support For External Hard Drive→

Sony has warned investors that it will take roughly $978m writedown on its film business, blaming a goodwill impairment charge that dates back to an acquisition of a Hollywood studio almost three decades ago. From a report on Reuters: The impairment ch… Continue reading Sony Warns It Will Take $1 Billion Writedown As DVD Sales Declines→

Sony has warned investors that it will take roughly $978m writedown on its film business, blaming a goodwill impairment charge that dates back to an acquisition of a Hollywood studio almost three decades ago. From a report on Reuters: The impairment ch… Continue reading Sony Warns It Will Take $1 Billion Writedown, Blames Slowing DVD Sales→

Sony could be exploring the sale of its film and television unit just a week after announcing the departure of Sony Entertainment CEO Michael Lynton. From a report: Tokyo’s Sony Corp. is listening to bank pitches about a potential sale of its film and TV operations, several sources told The Post. “Every bank is pushing pitches,” said one person familiar with the process. Another confirmed that banks have paid a flurry of visits to Tokyo to advise on a sale of Sonyâ(TM)s film and TV business. The Post was first to report that the Japanese owners were ready to listen to bid proposals if they had the right number attached. CBS CEO Leslie Moonves has long signaled interest in acquiring the asset, though several Chinese bidders could be in the wings. Sony CEO Kaz Hirai has denied any intent to sell the firm during the five years he’s been in the top slot at the company. Still, he has not appointed a successor to Lynton, despite knowing of his intention to depart for some time. That has sparked speculation that there may be no position to fill.

Read more of this story at Slashdot.

Continue reading Sony Is Weighing a Sale of Film, TV Business→