Sony Computer Entertainment

  1. Sony CEO on Calls for An Entertainment Spin-Off: 'It Needs To Be Examined'

    June 20, 2013 4:56 AM EDT Sony CEO Kaz Hirai told shareholders at their annual meeting that entertainment is a vital part of the company, but that the board will consider the proposal from hedge fund Third Point to sell a 15 to 20% stake in the profit-making division. De ...

  2. Sony One-Ups Microsoft With $399 PlayStation 4 Price at E3

    June 11, 2013 1:04 AM EDT Sony Corp. drew cheers Monday night when it announced the price of its upcoming PlayStation 4 console at the annual E3 video game convention in Los Angeles. At $399, the PlayStation 4 will be $100 less expensive than Microsoft Corp.'s nex ...

  3. Tim Schaaff, Sony's President of Network Entertainment Int'l, Stepping Down

    November 08, 2012 10:05 AM EST The head of Sony Corp.'s Sony Network Entertainment International unit, Tim Schaaff, will step down at the end of the year, with Andy House taking on oversight of Sony's online platforms, which Schaaff has overseen, the company said Thur ...

  4. Sony Corp's Losses Grow, Cuts Earnings Forecast

    August 02, 2012 8:41 AM EDT TOKYO (AP) -- Sony's red ink worsened in the April-June quarter and it lowered its full-year earnings forecast as it battles a strong yen and declining sales of liquid crystal display TVs and video game machines. The Japanese electronics and ...

  5. Kazuo Hirai, New Sony CEO/President, Meets Fear, Hope at Shareholder Meeting

    June 29, 2012 9:01 AM EDT TOKYO (AP) -- The record 9,000 shareholders that packed Sony's annual meeting was no cause for celebration. After four years of losses and a halving of the share price, some angry investors doubt even a new CEO can pull the entertainment and ...

  6. Sony Stock Dips Below 1,000 Yen, First Time Since 1980

    June 04, 2012 8:14 AM EDT TOKYO (AP) -- Sony's stock price fell below 1,000 yen Monday for the first time since 1980 in a symptom of weak global markets and the company's decline after huge success with the Walkman three decades ago. Battered by competition from ...

  7. Sony Closes Indiana Distribution Center, Lays Off 226

    May 15, 2012 1:23 PM EDT Sony's layoffs keep piling up, as the company has plans to cut 226 jobs from its closing Fishers, Ind. distribution center, according to the Indianapolis Star . Sony CEO Confirms 10,000 Job Cuts, Reorganization The center is scheduled to shut ...

  8. Sony Reports $463 Million Music Profit While Parent Corp. Posts Record $5.7 Billion Loss

    May 10, 2012 7:53 AM EDT TOKYO (AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new president. Sony, h ...

  9. Sony CEO Confirms 10,000 Job Cuts, Reorganization

    April 12, 2012 8:06 AM EDT Faced with mounting losses, Sony Corp. said Thursday it will slash 10,000 jobs , or about 6 percent of its global workforce, and try to turn around its money-losing TV business over the next two years. New CEO and President Kazuo Hirai outlined hi ...

  10. Sony Doubles Red Ink Forecast to $6.4 Billion, Worst Loss Ever

    April 10, 2012 7:56 AM EDT TOKYO (AP) - Sony Corp. more than doubled its projected annual loss to 520 billion yen ($6.4 billion), its worst red ink ever, due to a massive tax charge. With new CEO Kazuo Hirai at its helm, the Japanese electronics company said Tuesday it expe ...

  11. It's Official: Michael Lynton Named CEO of Sony Corp. of America, Nicole Seligman President

    March 29, 2012 3:49 PM EDT Sony Corp. made it official Thursday: Michael Lynton has formally been named CEO of Sony Corp. of America and Nicole Seligman will become president. The promotions will become effective June 27. Lynton will remain chairman and CEO of Sony Pictures ...

  12. Michael Lynton Expected to Become CEO of Sony USA: Sources

    March 21, 2012 3:54 PM EDT Sony Pictures Chairman & CEO Michael Lynton is expected to become CEO of Sony Corporation of America, as part of current Chairman/CEO/President Sir Howard Stringer's hand-off of his responsibilities on April 1. As previously reported, Str ...

  13. Will Smith, Barry Sonnenfeld, Kelly Clarkson Headline Sony CES Event

    January 10, 2012 8:01 AM EST LAS VEGAS -- Will Smith and director Barry Sonnenfeld showed up in Las Vegas on Monday for Sony's Consumer Electronics Show press conference, which included a sneak peek at their upcoming Men in Black 3. "We have a fantastic movie," ...

  14. Is Kazuo Hirai Succeeding Howard Stringer as President of Sony Corp?

    January 09, 2012 7:15 AM EST Sony's deputy president Kazuo Hirai will succeed Howard Stringer as president of Sony Corp. as early as April, according to Japan's largest business newspaper, Nikkei . Hirai, the officer in charge of consumer products & services bus ...

  15. Sony PlayStation Accounts Hit By Unauthorized Access

    October 12, 2011 7:10 AM EDT TOKYO (AP) - Sony said Wednesday (Oct. 12) intruders staged a massive attempt to access user accounts on its PlayStation Network and other online entertainment services in the second major attack on its flagship gaming site this year. The Tokyo-ba ...

  16. Sony CEO Howard Stringer Sees 16% Pay Cut

    June 29, 2011 8:12 AM EDT NEW YORK - Sony Corp. chairman and CEO Howard Stringer's compensation for the fiscal year ended in March declined 16 percent to 345 million yen ($4.27 million) as the entertainment and electronics conglomerate posted its third straight year o ...

  17. Sony Unveils PlayStation 'Vita' at E3

    June 07, 2011 7:35 AM EDT LOS ANGELES - Sony Corp. on Monday took the wraps off its next generation portable gaming machine, PlayStation Vita, a touch-interface and motion-sensitive handheld that outdoes its workhorse PlayStation Portable and will go on sale before the win ...

  18. Hackers Attack Another Sony Network, Post Data

    June 03, 2011 6:41 AM EDT BOSTON/NEW YORK - Hackers broke into Sony Corp's computer networks and accessed the information of more than 1 million customers to show the vulnerability of the electronic giant's systems, the latest of several security breaches undermi ...

  19. Sony PlayStation Network Restored in US, Europe

    June 02, 2011 6:11 AM EDT TOKYO - Sony Corp. is fully restoring its PlayStation Network in the U.S., Europe and parts of Asia on Thursday after hackers stole customer data and sent services offline in April. The Tokyo-based company said in a statement that services are set ...

  20. Sony to Begin Restoring PlayStation Network in Asia

    May 27, 2011 8:04 AM EDT TOKYO (Reuters) - Sony Corp said it would begin restoring its PlayStation videogame network in Japan and elsewhere in Asia on Saturday, more than a month after a massive security breach leaked personal details on tens of millions of accounts. The ...

  21. Sony Offers Identity Theft Protection Services to PlayStation, Qriocity Account Holders

    May 25, 2011 5:54 PM EDT As part of Sony's efforts to make amends for its recent massive security breach, two of the company's divisions, Sony Computer Entertainment and Sony Network Entertainment, are offering free identity-theft protection to eligible PlayStat ...

  22. Sony Finds Another Security Flaw, Shutters Site

    May 19, 2011 7:14 AM EDT NEW YORK - Sony Corp has shut down a website set up to help millions of users affected by April's massive data breach after finding a "security hole". The site had been designed to help 77 million users of its PlayStation Network re ...

  23. Sony PlayStation Begins Network Operations Following Massive Security Breach

    May 16, 2011 7:49 AM EDT Sony began restoring its PlayStation Network service in the United States and Europe on Sunday after shutting down the service almost a month ago due to a massive security breach affecting over 100 million online accounts. Restored operations are ...

  24. Sony Says 'Anonymous' Set Stage for Data Theft

    May 04, 2011 5:08 PM EDT Sony Corp blamed Internet vigilante group Anonymous for indirectly allowing a hacker to gain access to personal data of more than 100 million video game users . The accusation came in a letter to Congress and prompted renewed complaints that the J ...

  25. Sony Says 25 Million More Accounts Hacked

    May 03, 2011 7:17 AM EDT Sony Corp. said Monday that hackers may have taken personal information from an additional 24.6 million user accounts after a review of the recent PlayStation Network breach found an intrusion at a division that makes multiplayer online games. The ...

  26. Sony Freebies Help Soothe Anger at PlayStation Data Breach

    May 02, 2011 8:18 AM EDT Sony Corp has won over some gamers by offering free access to its PlayStation Network to compensate for the leak of personal details on 78 million user accounts, but still has some way to go to regain the trust of consumers. Many PlayStation users ...

  27. Sony Execs Apologize for Network Security Breach, Promise to Improve Security

    May 01, 2011 12:38 PM EDT Sony executives apologized Sunday for a security breach in the company's PlayStation Network that caused the loss of personal data of some 77 million accounts on the online service. "We deeply apologize for the inconvenience we have caus ...

  28. Kazuo Hirai Emerges as Sony Corp's Successor to CEO Howard Stringer

    March 10, 2011 7:27 AM EST Sony appears to be lining up Kazuo Hirai, current head of its gaming division, as the replacement for Howard Stringer, its 69-year-old current CEO, as it announced a corporate reorganization Thursday. The Network Products Services division, which ...

  29. Sony's Qriocity Music Service Launches in U.S.

    February 17, 2011 10:27 AM EST Sony Network Entertainment had promised to launch its Qriocity Music Unlimited subscription service in the U.S. before the end of the first quarter, and today that promise was met. The U.S., in addition to New Zealand and Australia, now have acces ...

  30. Sony's Move System Sold 4.1 Million In Two Months

    December 02, 2010 12:00 AM EST Not content to let Microsoft’s Kinect motion-based gaming system grab all the attention, Sony PlayStation released sales figures for its Move system that show 4.1 million devices were sold in the first two months of availability worldwide. Sony’s ...

  31. VidZone Tops 200 Million Music Video Streams

    December 24, 2009 12:00 AM EST Sony Computer Entertainment Europe (SCEE) says that its music video service VidZone has delivered more than 200 milllion videos via PlayStation 3, during the streaming service's first six months of operations. More than 2 million people have ...

  32. Digital Briefs: Guitar Hero, Steven Van Zandt

    September 15, 2009 12:00 AM EDT -- Activision is considering developing a version of Guitar Hero that doesn't require a gaming console to play, according to comments from CEO Bobby Kotick at an investor conference. Exactly how that would happen is not clear, and Kotick did ...

  33. E3 Briefs: Last.fm, Microsoft, Travis Barker, DJ AM

    June 02, 2009 12:00 AM EDT -- Microsoft launched a major effort at the E3 conference to turn the Xbox 360 videogame console into an entertainment hub that spans well beyond videogames. The company will add access to Last.fm , to go live this fall, free of charge for Xbox Li ...

  34. Rock Royalty Comes To 'SingStar'

    February 03, 2009 12:00 AM EST Sony Computer Entertainment, EMI Music, EMI Music Publishing and Queen's management have joined forces to create "SingStar Queen," the latest artist-specific game in Sony's karaoke series "SingStar." The game will be ...

  35. SingStar Signs Up ABBA

    September 10, 2008 12:00 AM EDT ABBA will feature in a dedicated version of Sony's karaoke computer game “SingStar,” to be released in time for the holiday season. "SingStar ABBA" -- the first edition of the game dedicated to a single artist -- is slated for relea ...

  36. E3 Update: Wii Music, Xbox 360 and More

    July 15, 2008 12:00 AM EDT The once glorious, now marginally relevant E3 videogame conference is underway in Los Angeles this week, with a few nuggets of interesting news related to the business of digital entertainment sneaking out. - Utilizing its signature motion-capture ...

  37. Digital Briefs: AOL, Clear Channel, Sony

    May 20, 2008 12:00 AM EDT - AOL Music debuted a pair of new niche music sites: The Boom Box , dedicated to hip hop; and The Boot , dedicated to country. They compliment existing genre -specific sites like PopEater and Spinner. - Clear Channel agreed to provide its online p ...

  38. Billion Dollar Bash For Games Down Under

    January 25, 2008 12:00 AM EST The Australian computer games market passed the $1 billion Australian ($878 million) sales mark in 2007. Figures released by the Interactive Entertainment Association of Australia (IEAA) show that games hardware/software sales hit $1.3 billion Aus ...

  39. MTV To Invest $500 Million In Videogames

    August 17, 2007 12:00 AM EDT MTV Networks plans to invest well over $500 million in videogames, seeing the red-hot entertainment category as a major pillar of growth in its goal to reach consumers wherever they spend time. The two-year investment is part of a global strategy ...

  40. Report: Gamers Know Little Of Console Extras

    August 09, 2007 12:00 AM EDT Today's new-generation videogame consoles like the PlayStation3 and Xbox 360 may have some impressive non-gaming entertainment features, but existing owners seem to know little about them according to a new report from NPD Group. The PS3 for ...

  41. Sony TVs To Access Free Internet-Based Video

    January 09, 2007 12:00 AM EST Sony Electronics is hoping to get in the Internet TV game with the introduction of its BRAVIA Internet Video Link, a new feature it says will allow most Sony TVs to access free Internet-based video. The BRAVIA feature relies on a small module that ...

  42. EMI Completes Video Deal For PSPs

    November 23, 2006 12:00 AM EST EMI Music U.K. has struck an agreement which allows gamers in Britain to download its music videos to PlayStation Portable players. EMI Music U.K. has struck an agreement which allows gamers in Britain to download its music videos to PlayStation P ...

  43. EMI Completes Video Deal For PSPs

    November 23, 2006 12:00 AM EST EMI Music U.K. has struck an agreement which allows gamers in Britain to download its music videos to PlayStation Portable players. EMI Music U.K. has struck an agreement which allows gamers in Britain to download its music videos to PlayStation P ...

  44. Sony BMG, PlayStation Paint Europe Pink

    August 24, 2006 12:00 AM EDT New PSP rolls out Oct. 27. New PSP rolls out Oct. 27. News ...

  45. Universal To Release First Int'l UMDs

    November 03, 2005 12:00 AM EST New titles from 50 Cent, Scissor Sisters. Universal Music Group is releasing internationally this week its first two titles on the Universal Media Disc format. The two UMD titles are 50 Cent's "The Massacre - Special Edition" and Sc ...

  46. Universal To Release First Int'l UMDs

    November 03, 2005 12:00 AM EST Universal Music Group is releasing internationally this week its first two titles on the Universal Media Disc format. The two UMD titles are 50 Cent's "The Massacre - Special Edition" and Scissor Sist Universal Music Group is releas ...

  47. Sony BMG Readies UMD Titles

    October 05, 2005 12:00 AM EDT Releases for PlayStation Portable. Releases for PlayStation Portable. News ...

  48. Sony BMG Readies UMD Titles

    October 05, 2005 12:00 AM EDT Releases for PlayStation Portable. Sony BMG Music Entertainment is planning to release at least eight Universal Media Disc (UMD) titles for the PlayStation Portable (PSP) by the end of the year. Slated for distribution are music video compilations ...

  49. New Line Contributes Picks To UMD Format

    July 19, 2005 12:00 AM EDT New Line Home Entertainment is the latest Hollywood studio to commit to Sony's proprietary Universal Media Disc, which plays movies and videogames on the PlayStation Portable device. (The Hollywood Reporter) -- New Line Home Entertainment is ...

  50. Sony To Pay $7 Million To Ousted Bosses

    June 07, 2005 12:00 AM EDT Struggling electronics maker Sony Corp. will give chief executive Nobuyuki Idei and three other outgoing executives a retirement package worth a total of about $7 million. TOKYO (Reuters) -- Struggling electronics maker Sony Corp. will give chief ...

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