Category: sony

Hollywood Writers Strike Enters 3rd Week With No End in Sight

BURBANK, Calif.—Hundreds of writers across the Los Angeles area picketed at major entertainment studios again on May 17, calling for better wages and representation as the strike entered its third week—with no end in sight. The strike began on May 2 after negotiations broke down between the Writers Guild of America (WGA) and the Alliance…


‘Waves’ Musician Mr. Probz Files $10 Million Suit Against Sony Over Royalties

AMSTERDAM—Lawyers for Dutch musician Mr. Probz, known for his 2013–14 hit “Waves”, said on Tuesday they have filed a claim worth more than 10 million euros ($9.66 million) against Sony in Amsterdam over royalties the artist argues Sony fraudulently withheld. Mr. Probz, whose real name is Dennis Stehr, argues that Sony deducted administration and distribution…


Sony Forms Company to Build Space Lasers

Sony has formed a new company to facilitate communication in space through the use of lasers, following SpaceX in integrating the relatively new technology for relaying information across long distances in Earth’s orbit. On Wednesday, the Japanese legacy technology company registered the Sony Space Communications Corp., a subsidiary which is seeking to use lasers as…


Sony’s Playstation, Nintendo Become Latest Companies to Cut Ties With Russia

Sony Group Corp.’s PlayStation business and Nintendo Co. have become the latest companies to distance themselves from Russia in the wake of its invasion of Ukraine. The Japanese companies issued separate statements on March 10 announcing they were suspending operations in the country in a show of support for Ukraine. Sony’s PlayStation said it has suspended…


Japan’s Honda, Sony Joining Forces on New Electric Vehicle

TOKYO—Two big names in Japanese electronics and autos are joining forces to produce an electric vehicle together. Sony Group Corp. and Honda Motor Co. agreed to set up a joint venture this year to start selling an electric vehicle by 2025, both sides said Friday. The plan is to bring together Honda’s expertise in mobility…


Joe Rogan Vows More Balance on Podcast; Sony To Buy Bungie for $3.6 Billion | NTD Business

Joe Rogan is vowing to do better on his Spotify podcast and offer more viewpoints on COVID-19 vaccines. Spotify also announced a new measure. Sony is planning to buy Bungie, the video game developer that made “Halo”. What does this big-ticket investment mean for Sony? Blue chip investors keep piling into the crypto sector. Crypto exchange…


Sony Looks to Electric Cars for Its Next Big Hit

Japan’s Sony Group Corp. plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility. The new company, Sony Mobility Inc., comes as the Japanese tech giant is “exploring a commercial launch” of electric vehicles,…


Sony Pictures Networks India to Merge With Zee Entertainment Enterprises

Sony Group Corp.’s Sony Pictures Networks India Private Limited and Zee Entertainment Enterprises Ltd. agreed to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations, and program libraries. They will take the new combined company public in India. SPE will indirectly hold a majority of 50.86 percent of the combined company,…


US Files Civil Action to Return $150 MiIlion in Embezzled Funds to Sony

SAN DIEGO—The Department of Justice announced Dec. 20 that it has filed a civil complaint in San Diego federal court to return more than $154 million allegedly stolen from a subsidiary of Sony by one of its employees. The civil forfeiture complaint alleges that Sony Life Insurance Company Ltd. employee Rei Ishii embezzled funds from…