Sony and Apollo bid $26B in cash for Paramount Global amid potential Skydance merger. Competing with Skydance, the deal may reshape the entertainment industry landscape.
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Sony Cuts Jobs in Optical Media Plant, Phases Out Physical Disc Production
Sony announced that it would phase out recordable disc development and production after cutting up to 250 jobs at its optical media unit in northeastern Japan.
Queen's Music Catalog To Be Purchased by Sony; Electronics Giant In Talks With Investor To Make Billion-Dollar Acquisition
Sony wants to purchase Queen's music catalog. The electronics giant is willing to pay $1 billion to acquire it.
7 Iconic Brands With Surprising Names Before Getting Into Fame
Famous brands changed their names, showing how even big companies evolve to stay relevant in the market.
Paramount, Amazon Initiate Talks on Expanding Media Partnership
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures.
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Paramount's stock experienced a surge in after-hours trading following news of the bid discussions.
He discusses AI, Blockchain, and navigating layoffs in the gaming sector. Shawn Layden, a gaming industry expert and AAA game executive, presently advises Tencent Games, Streamline Media Group, and Readygg.
Ethisphere Institute has recognized Sony Group Corporation's ethical business practices for the sixth consecutive year.
Sony Music Group's record-breaking deal with Michael Jackson's catalog, valued at over $600 million, makes it the largest ever for a solo musician, encompassing hits from albums like Bad and tracks by other artists.
Sony's layoff of 8% of its PlayStation workforce and the closure of PlayStation's London Studio follows Microsoft's gaming division layoff plan.
The lawsuit seeks reparations ranging from £600 million ($760 million) to £5 billion ($6 billion), highlighting concerns over pricing disparities between the UK and US markets.
Sony's stock dropped by $10 billion due to lower PS5 sales forecasts, while its gaming profits also fell despite strong digital sales and PS Plus subscriptions.
Taiwan Semiconductor Manufacturing Co. (TSMC) has announced its plan to establish a second manufacturing plant in Japan, with support from tech giant Sony and carmaker Toyota.
Sony PlayStation offers three hot picks for the holiday season. Aside from the original PlayStation 4, gamers may also opt for PS4 Slim or the PS4 Pro with its impressive upgrades.
