Sony Plans Financial Services IPO as PS5 Sales Cool
Electronics/entertainment giant Sony plans to take its financial services unit public next fall. The company announced the partial spin-off of Sony Financial Group (SFGI), a business that includes ...
Sony cuts forecast for PlayStation 5 sales
Sony said it now expects to sell 21 million units fo the PlayStation 5 in the fiscal year ended March, down from a previous forecast of 25 million units. CNBC's Arjun Kharpal reports.
Sony's profit rises on growing sales of music, games, pictures, sensors
Japanese electronics and entertainment company Sony's profit rose 13% in October-December on growing growing sales of music, image sensors and video games, the company said Wednesday.
Sony Group Reports Profit Rise, Starts Preparing for Financial Unit's Spinoff
Sony Group reported a rise in third-quarter net profit, thanks partly to higher earnings from the image-sensor and music businesses, and said it would start preparing for a spinoff and listing of i...
Sony posts record quarterly revenue, smashing through expectations, on PlayStation bump
Sony posted record quarterly profit in the all-important December quarter thanks to a boost from its PlayStation gaming business and financial services unit.
Sony Q3 profit jumps 10%, points to 2025 listing for financial business
Sony's operating profit jumped 10% in the third quarter, beating estimates, buoyed by the strength of its financial, movies and music businesses.
‘Madame Web' Scores Terrible Reviews: Likely Latest Dud In Sony's Marvel Universe
Early reviews for the latest Marvel film have slammed "Madame Web" as the "worst comic book movie" yet, as Sony's effort to flesh out its own Marvel Universe separate from the ultra-successful Disn...
Exclusive: Sony, Zee clashed over Russia assets, cricket deal before India deal collapse-emails
Sony and Zee disagreed over more than 20 compliance issues, including the Indian firm's failure to dispose of some Russian assets and its $1.4 billion Disney cricket rights deal, before their India...
Sony is making a bold bet on an African gaming startup to boost PlayStation's reach in the continent
Sony is hoping to expand PlayStation's reach in the continent.
ZEEL-Sony Merger Hits Dead End, Sony Seeks $90 Million Termination Fee
After two years of negotiations, Japanese Sony Group Corporation called off the $10 billion merger deal between Indian media and entertainment giant Zee Entertainment Enterprises Ltd ( ZEEL) and So...
Portfolio manager likes Sony and picks one stock as a 'stealth' way to play the AI theme
Brian Krawez of Scharf Investments shares his stock picks in the tech space.
India's Zee Entertainment dives 31% after Sony calls off mega merger
Shares of India's Zee Entertainment fell 31% on Tuesday after a division of Japanese tech giant Sony scrapped plans for a merger.
Analysts recommend selling India's Zee after failed Sony merger
At least five brokerages said investors should sell Zee Entertainment's stock as the Indian broadcaster's failed $10 billion merger deal with Sony India raised concerns about its survival in an inc...
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