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While Sony as a whole is predicting losses to the tune of almost half a billion this fiscal year, company CEO Kazuo Hirai is looking to the future - specifically, the PlayStation 4's future. During a corporate strategy meeting reported by Japanese website Impress Watch and translated by Eurogamer, ...

10 months ago 0 Comments
May 23, 2014 at 2:30PM
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Sony CEO Kazuo Hirai and other company executives will decline their annual bonuses and accept up to a 50 percent pay cut following Sony's fourth annual loss within the last five years, the Wall Street Journal reports. Sony downgraded its financial forecast earlier this month, and expects to rep...

10 months ago 0 Comments
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Sony executives are considering splitting the company's entertainment and electronics divisions, following billionaire Daniel Loeb's proposed initial public offering of its entertainment business. The entertainment arm includes all PlayStation properties, alongside Sony's film and music businesses....

1 year ago 0 Comments
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One morning, Sony president and CEO Kaz Hirai woke up and said, "I probably have too many titles." Beyond being the president and CEO of Sony Corporation (the umbrella parent company of PlayStation, Bravia, and many other Sony brands), Hirai is also "representative director" and "chairman" – ...

2 years ago 0 Comments
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Sony Online Entertainment has good news for fans of its dormant MMORPGs. Service restoration has officially begun for all of the company's online games, forums, and related websites as of May 14th. Earlier today, the company issued a press release with the details as well as a statement from Sony...

3 years ago 0 Comments
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Though we've been getting frequent updates from PlayStation Blog on the state of the recently intruded-upon PlayStation Network, one of the massive corporation's higher-ups is now planning to step forward to field some of our questions. According to Reuters, Sony Corp executive deputy president K...

3 years ago 0 Comments
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Sony has yet to make the free-to-use PlayStation Network profitable, Sony's Kazuo Hirai told Reuters Japan. However, he expects the PSN to start making money in the following fiscal year. According to the report, PSN sales nearly doubled in the closing fiscal year, reaching 36 billion yen. Looking ...

4 years ago 0 Comments
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According to Bloomberg, Sony Corp. is looking for a new heir apparent for its consumer electronics kingdom, and a familiar name is in the running. According to inside sources cited by the report, Sony is hoping to install a president to lighten the work load of (and eventually replace) acting CEO H...

4 years ago 0 Comments
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It appears Sony is getting excited -- Kaz Hirai made a statement recently boasting the PS3's upcoming success this generation. Overtaking the Wii and Xbox 360 is within Sony's grasp, when looked at through the telescopic lens of the "ten year life cycle". In a video interview with the BBC, he talks ...

6 years ago 0 Comments
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The other day, Sony Online Entertainment announced that it would begin reporting to Sony Computer Entertainment, Inc. to expedite efforts to produce online content and features for the PlayStation 3. WarCry tracked down SOE president John Smedley for comments on the move. The jist of it is that ...

7 years ago 0 Comments
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Sony Online Entertainment (the group behind EverQuest, Star Wars Galaxies, and other landmark MMO titles, for the types of readers who need answers to questions like "Vhat eez zees ... 'video game' theeng?") is relocating within the Sony empire. Starting April 1, SOE will operate under the Sony C...

7 years ago 0 Comments