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SONY / Sony's 2Q earnings to be negatively impacted by Hollywood strikes

Sony's 2Q earnings to be negatively impacted by Hollywood strikes
Sony Group Corp (NYSE:SONY) is expected to post a year-over-year drop in profits for the third quarter as the Hollywood strikes dragged on the financial performance of its Pictures unit. When handing down its fiscal first quarter results in August, the Tokyo, Japan-based company – whose consumer elctronics products include music systems, mobile phones, gaming consoles, and cameras - warned that the then dual writers and actors strike would drag down its 2Q revenue. Read More
Posted: Oct 27 2023, 16:09
Author Name: Proactive Investors
Views: 112235

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Sony's 2Q earnings to be negatively impacted by Hollywood strikes

By Proactive Investors
October 27, 2023

Sony's 2Q earnings to be negatively impacted by Hollywood strikes

Sony Group Corp (NYSE:SONY) is expected to post a year-over-year drop in profits for the third quarter as the Hollywood strikes dragged on the finan more_horizontal

Cost-cutting isn't the only thing driving Sony's strategy, Jefferies says

By CNBC International TV
October 12, 2023

Cost-cutting isn't the only thing driving Sony's strategy, Jefferies says

Atul Goyal of the investment bank says Sony's decision to operate in Europe is "not cost cutting" but a "strategic change." more_horizontal

Sony unveils thinner PlayStation 5 'Slim' model

By Proactive Investors
October 10, 2023

Sony unveils thinner PlayStation 5 'Slim' model

Sony Group Corp (NYSE:SONY) has announced a new, thinner PlayStation 5 model that comes equipped with a detachable disk drive and 1 terabyte of inter more_horizontal

Sony doubles down on virtual production business using its hardware muscle

By Reuters
September 29, 2023

Sony doubles down on virtual production business using its hardware muscle

Sony Group is increasing its focus on the virtual production business where it is seeing market-beating growth, a company executive said, riding on th more_horizontal

Sony's leadership shakeup is not a move to bring gaming division back to Japan: Jefferies

By CNBC International TV
September 28, 2023

Sony's leadership shakeup is not a move to bring gaming division back to Japan: Jefferies

Atul Goyal, managing director for Jefferies, talks about the retirement of Sony's gaming chief Jim Ryan, and the challenges ahead for the business. more_horizontal

Sony PlayStation CEO Ryan to retire

By TechXplore
September 28, 2023

Sony PlayStation CEO Ryan to retire

Sony said Thursday that the chief executive of its PlayStation unit Jim Ryan will retire next March after almost 30 years at the Japanese firm. more_horizontal

Sony Interactive Entertainment President and CEO Jim Ryan Slates His Retirement

By Deadline
September 27, 2023

Sony Interactive Entertainment President and CEO Jim Ryan Slates His Retirement

Sony Group Corporation and Sony Interactive Entertainment (SIE) today announced that SIE President and CEO Jim Ryan has made the decision to retire in more_horizontal

Sony Interactive Entertainment CEO Jim Ryan will retire in March

By Market Watch
September 27, 2023

Sony Interactive Entertainment CEO Jim Ryan will retire in March

Sony Interactive Entertainment Chief Executive Jim Ryan will retire in March, Sony Group Corp. SONY, +1.54% said in a statement on Wednesday, followin more_horizontal


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