Stolen emails appear to reveal role of activist shareholder Daniel Loeb in attempt to put the companies together this year.
Sony CEO, Kazuo Hirai forecast that revenues at Sony Pictures Entertainment would be in the $10-$11 billion range by 2017-18 fiscal year.
Shares of Sony fell sharply Wednesday morning after the Japanese electronics company said it will likely lose $2.15 billion for the fiscal year. It had initially forecast $488 million in losses…
Restructuring continues, but no sale for entertainment division.
TOKYO — Sony Corp. president-CEO Kazuo Hirai announced at a strategy briefing Thursday that the troubled electronics giant intends to triple its operating profit to 400 billion yen ($3.95 billion) by…
Kazuo Hirai has circumnavigated the globe 12 times since becoming CEO of Sony Corp. in 2012, but he's about to embark on what could be his most entertaining voyage yet: to the Academy Awards. The…
New Internet-based entertainment services, including a streaming game service and a cloud-based TV service, highlighted Sony's Tuesday morning keynote at the Consumer Electronics Show. The…
Wrapping up an investor conference on the Sony lot on Thursday, Sony CEO Kazuo Hirai said that he is “not going to try to predict” whether the company would reconsider its decision not to spin off…
TOKYO — In a keynote at the Tokyo Game Fair today, Sony game division chief Andrew House said the company plans to move five million PlayStation 4 consoles by March 31, 2014, the end of Sony's fiscal…
Despite Sony Corp.'s rejection of his proposal to spin off as much as 20% of the conglom's entertainment assets, Third Point Capital CEO Daniel Loeb said he was actually “pleased with the outcome” of…