Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch
Japanese entertainment giant Sony on Friday said it expects annual profit to rise as revenue from some business segments in ...
Tag: Sony
Sony sold Netflix the rights to ‘KPop Demon Hunters’ in a pandemic-era safety play—and now it’s Netflix’s biggest movie ever
Netflix has a monster hit on its hands, and it’s not what anyone expected. KPop Demon Hunters, an animated film ...
Sony will pass on tariff costs to U.S. consumers by hiking Playstation 5 prices
Sony announced Wednesday it will raise PlayStation 5 console prices in the United States by $50, citing ongoing economic challenges ...
Sony shares rise in choppy trade as PlayStation maker announces $1.7 billion share buyback
The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, ...
Sony raises PlayStation 5 prices in Europe citing ‘challenging’ economic environment
The PlayStation DualSense controller and PlayStation 5 console.Jakub Porzycki | Nurphoto | Getty ImagesSony hiked the price of its flagship ...
Sony raises guidance on gaming strength, quarterly operating profit beats estimates
Sony's PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony raised sales guidance for the full year Thursday and posted operating ...
Sony Pictures is buying Alamo Drafthouse theater chain
Interior of an Alamo Drafthouse Cinema theater.Alamo DrafthouseSony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North ...
ZEE to consider fundraising proposal via equity or other modes on June 6
The Board of Zee Entertainment will meet on June 6 to consider and approve a fundraising proposal through the issue ...
Sony to release a ‘Pro’ version of the PlayStation 5 this year after cutting outlook, analysts say
Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023.Thiago Prudencio | Lightrocket ...
Sony plunged $10 billion after its PS5 sales cut. But a bigger issue is its near decade low games margin
The PlayStation DualSense controller and PlayStation 5 console.Jakub Porzycki | Nurphoto | Getty ImagesAround $10 billion of value was wiped ...
