Manchester City owner strikes deal with Sony Pictures Television Business The owner of Premier League champions Manchester City has signed a deal with Sony Pictures Television to co-develop and produce new original scripted, nonfiction, and kids’ projects.
Hollywood strikes ‘groundbreaking’ AI agreement with Sony, Universal, Warner and Disney Media The deal includes Warner Music Group, Sony Music Entertainment, Universal Music Group and Disney Music Group.
Playstation: Sony to cut 900 jobs and close London studio Employment Sony has announced plans to cut around 900 jobs in its PlayStation arm and close its London studio.
Copyright trial over Jimi Hendrix given green light against Sony Music January 30, 2024 A court ruled that a lawsuit over copyright by the estates of former band members of Jimi Hendrix can proceed to trial against Sony Music. Jimi Hendrix Experience was formed in 1966 with two other band members: David Redding on bass guitar; and John ‘Mitch’ Mitchell on drums. Together they recorded three studio albums: Are [...]
Sony warns sales will be hit by Hollywood strikes August 9, 2023 Japanese tech giant Sony lowered its full-year sales forecast today warning that the ongoing Hollywood strikes will wreak havoc with movie production schedules. In a trading update, Sony revised its annual movie sales forecast down 50bn yen to 1.47trn yen (£8bn). Sony blamed the potential lower revenues on the impact of actors and writers staking [...]
Sony, Universal and Warner forced to explain ‘disappointing’ gender pay gaps June 28, 2023 Representatives from Sony, Universal and Warner today were forced to explain the gender pay gaps in their companies as they were questioned by MPs in parliament. Reports on salaries at the organisations in 2022 revealed Warner had an average gender pay gap of just under 38 per cent – a slight rise on the previous [...]
Sony bumps up veteran CFO to president before elected decline in earnings February 2, 2023 Sony has appointed a veteran executive as its president to lead the Japanese electronics and entertainment conglomerate through times of change. Hiroki Totoki, Sony’s chief financial officer, will become president and chief operating officer, Sony said in a statement. Kenichiro Yoshida remains chairman and chief executive, signalling continuity at the Tokyo-based maker of PlayStation consoles, [...]
UK class-action lawsuits against Google, Apple and Sony see value of competition claims surge to £26bn January 9, 2023 The value of UK competition class-actions surged last year, according to new data published today, following the filing of a series of multi-billion-pound claims against some of the world’s biggest tech companies, including Apple, Google and Sony. The value of class-action lawsuits filed in the UK over claims around anti-competitive behaviour surged six-fold over the [...]
Harry Styles saves the day for Sony’s music arm November 1, 2022 Sony was buoyed by its music division this quarter, with the group’s profitability countervailing the Japanese giant’s reduced gaming success. Music revenues climbed from JPY 217 billion (£1.2bn) to JPY 359 billion (£2.1bn), with higher sales across recorded music and publishing thanks to new music from big hitters like Harry Styles. Although gaming revenue also [...]
Game on: Why Big Tech is betting big on gaming September 14, 2022 When Bill Gates said “content is king” back in 1996, he opened a can of worms that has become increasingly hard to contain. This content obsession has evolved in different ways in the last two decades, with the latest bet from Big Tech being on gaming. While the evolution of video games has been progressing [...]