Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures.
Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs starting on June 1, replacing Jim Ryan.
Paramount's board committee on Saturday met and approved talks with Sony and Apollo, who submitted a nonbinding letter of interest.
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.
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.
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.
The Michael Jackson estate lost its share in the joint venture with Sony Corp. when the music publisher bought Jackson’s share of 50 percent for $750 million. The transaction will wipe out the rest of Jackson’s $500 million debt he left when the artist died in 2009.
Sony will pay $750 million to the Michael Jackson estate for its share in the music catalog. Once the deal is closed, the estate will be no longer in debt.
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