Sony snaps up Halo maker Bungie for £2.7bn following wave of video game deals January 31, 2022 Sony has snapped up "Halo" creator Bungie in a deal valued at $3.6bn (£2.7bn), adding to the latest in a wave of consolidation sweeping the gaming sector.
Sony faces biggest share fall since financial crisis following Microsoft’s £55bn bid for Call of Duty maker January 19, 2022 Japanese tech giant Sony experienced its biggest one-day share drop since the global financial crisis on the Tokyo market, following Microsoft’s $75bn (£55bn) bid for Call of Duty maker Activision Blizzard.
Snap strikes new licensing deal with Sony for immersive music filters November 16, 2021 Social media giant Snap agrees new deal with Sony Music to allow artists' music to feature on its library of filters.
Sony has one per cent profit rise, despite PS5 supply complexities October 28, 2021 Japan's Sony Group announced a surprise 1 per cent rise in operating profit for its second quarter though costs from growing sales of its PlayStation 5 (console pressed on margins.
CMA says Sony’s $430m purchase of independent label AWAL raises competition concerns September 7, 2021 The UK’s competition watchdog has today said the US recording giant Sony’s purchase of independent record label AWAL could lead to worse terms for musicians. Sony bought the company, which represents artists such as Jungle, Banks, Nick Cave and the Bad Seeds, and Deadmaus for $430m back in May. At the time, the Competition and [...]
Sony raises profit outlook by a third amid lockdown home entertainment boom February 3, 2021 Japanese electronics and media giant Sony Corp on Wednesday hiked its full-year profit outlook by a third as it taps surging demand for video games, music and movies as people feast on home entertainment amid Covid19 lockdowns. Reuters reports this morning. Sony now expects 94bn yen ($8.95bn) in operating profit in the 12 months through [...]
Xbox Series X: A powerhouse machine with bags of potential December 18, 2020 There was a time when the launch of a new games console represented a gigantic leap forward – when gamers could expect to see and play titles in ways they hadn’t even conceived. The jump from Nintendo’s SNES to the N64, for instance, ushered in the era of 3D gaming, changing the course of the [...]
MWC 2020: Sony becomes latest tech firm to pull out due to coronavirus February 10, 2020 Sony today said it will withdraw from the Mobile World Congress (MWC) 2020 in Barcelona later this month due to fears over coronavirus, dealing a fresh blow to the bumper tech convention. MWC, which attracts more than 100,000 visitors, is due to take place between 24 and 27 February, but has been hampered by a [...]
What do the financial markets hold in store for 2020? January 7, 2020 After the festive break, everyone in the City is slowly settling back into work. The opening week of 2020 has been hectic already, with oil and gold prices rising and stocks falling in reaction to tension in the Middle East. But what else are the financial experts and asset managers keeping an eye on for [...]
Men in Black – lessons for brands from the movie franchise July 1, 2019 Men in Black isn’t just a movie, a franchise, a former vehicle for Will Smith, or a shadowy organisation. It’s a hugely successful brand, and so contains learnings that other brands can use. The latest instalment in the series, Men in Black: International, was released last month and demonstrates these important qualities. For instance, MIB [...]