Sony considering selling off TV and Movie business

[small44]

KBG29 said:

small44 said:
Stop making smartphones Sony.

Sony needs to merge mobile with PlayStation and make phone under their own OS. Android is a money pit for everyone not named Samsung or Google. With their own devices they can turn things around and greatly strengthen Sony and the PlayStation brand.

bunchanumbers said:
Its good news. Sony needs to ditch all dead weight and focus on their banking and insurance companies. That is where their money has been for years.

The money has been their for years, but now PlayStation is quickly heading towardsbeing their most profitable business. The way things are going, and with the heavy hitting 1st party titles this year, I expect SIE to out profit Sony Financial every quarter of 2017.

In all reality most of their remaining divisions are doing good, except mobile (see above). Sony pictures is in a down perios, but they can definitly turn it around. Cameras, sensors, and video/audio are making steady profits now, so I don't see any reason to dump them.

Snoopy said:
Also, Sony needs to sell their mobile division. That is what bleed them a lot of money.

As I said above. Sony needs to merge mobile into PlayStation. PlayStation needs a wider range of products to stay competitive in the future, and they can benefit greatly from all the knowlegde and technologies that Sony mobile has.

Snoopy said:

No, their tv division is over pretty much. Sad to see Sony once the big tech company to fall to hard times. I blame the fact they stuck to tradition and didn't adapt.

Sony's TV division has turned it around. They are now profitable, and they are making very competitive TV's, at very low prices. They currently have the best LCD/LED TV on the market in the Z9D series, and they are bringing out the A1E OLED which people were calling the best TV at CES. 

Their TV division never stopped making the best displays on the market, they were just offering the wrong form factors for the main stream. Now they have finally sorted things out in the switch to LCD/LED and are making sure they are in the OLED market as well. Going forward, they should continue to profit and gain back market share.

 

 

On the O.P.

This is a tough decision. They gain a lot in other divisions by being involved in movies and TV. It helps them in basically every other product they make, and service they sell. Dumping this division could have rippling effects on the rest of the company. 

There are definitly so things that need to change with Sony Pictures. They need to get rid of Ultra, the 4K streaming service that competes with PlayStation Video. That was a total late 90's/ early 00's Sony move letting that happen. They also need to stop going after niche films and start trying to make some mass market friendly stuff. They have had way to many films that are just aimed at way to small of audiences. The TV side is fine.

It will be very interesting to see how this plays out. I still say merging Sony Mobile into Sony Interactive would be a much better play though.

I don't think merging mobile with Playstation would chance anything

I think they should only sell smartphone componants to other smartphone manufacturers