Ya, wasn't it about to go back on auction again. So Sony might even lose it. 

Agreed to some extent however I believe that MS and Sony will facilitate and distribute the streaming for third parties. its just more efficient this way and provides a content delivery platform for their own entertainment and services model along with streaming for music and movies, - similar to Android, IOS and Windows 10 minus the big hitter games.

Agreed.  I'll wait til Kaz speaks officially before jumping to any conclusions. 

Sony's real problem is they have let SJWs either run their studios or sway their movie decisions.  The Ghostbusters film and the Amy Schumer Barbie film come to mind.  Amy Pascal was told that Channing Tatum and Chris Pratt, the latter of which had just come off the large successes of Guardians of the Galaxy and Jurrasic World, were interested in doing a Ghostbusters reboot/remake.  Instead she chose to go ahead with the all girls reboot cause it pushed an agenda.  It flopped. 

Now, Amy Schumer may end up being cast as Barbie?  There are two things very wrong about that.  One, she looks nothing like Barbie.  That means the little girls who would want to go to a Barbie movie are not going to want to watch it.  And 2nd, Amy Schumer is a foul-mouthed comedian who likes to talk about sexual stuff.  Not saying there is anything wrong with that, but it means that there is going to be nothing to offer in the movie to fans of her comedy.  Again, a flop just waiting to happen.

Sony's been losing massive money from their electronics division (TV/ phones / etc.) for years and their entertainment/media side of things has really struggled in recent years compared with the past (just look at how the awful Ghostbusters remake bombed at the box office).

They should focus on the video game division and maybe specific electronics where they excel. At this point I'm not even sure what divisions outside of gaming do well for Sony, a few years back it was reported that the majority of Sony was doing badly 

do you have any idea how many box office bombs Sony Pictures has had in the last few years? I'll clue you in: a lot. And even the films they've had, for the most part, that have had somewhat success have also had hefty budgets that ended up not making them much money

Film production companies are not always sa gold mine, its actually a fairly dangerous field because of how high risk bigger titles can be in this day and age. That's why we've seen so many fairly large film companies from 20 years ago sort of disappear (MGM, Lionsgate, etc.)

I have a feeling that Sony is not making much (if anything) from their movie division and that quite possibly at this point in time the value really lies in the IPs that they control and the potential money they could get from selling their properties and rights. 

I mean things like Ghostbusters and Pixels no doubt are majorly red in terms of money and I seriously doubt that Sony can infinitely right off their film losses from taxes or whatever 

Well if they stop greenlighting crappy movie ideas they might actually have a profitable movie division. They pretty much rely on Spider man and Bond to get them through. It's great that they invest in indie projects, but when Angry Birds is one of your more profitable wide release movies for the year you have a problem at the big budget end.

In 2016 Sony had 26 movies (some carry overs from 2015). Only 2 managed to get over $100 million at the US box office, and none got over $150 million. Ghostbusters came close to breaking even but was ultimately a financial flop. Angry Birds was quite profitable because it had a modest budget and a big international box office. Sausage Party, also a very modest budget was handily profitable. Magnificent 7 was an big budget failure and I don;t know how they sunk $144 million into making it when it was always a risky proposition for the box office. Inferno managed to make a buck, because thankfully someone kept a lid on the budget. But if it had Magnificent 67 levels of money poured into it it would have been a financial flop too.

If Spider Man Homecoming captures some of the MCU magic I think Sony might try to keep hold of its movie division, at least for a few more years.

I don't think Sony has had as many flops as people think.  In this thread, I have heard people say Ghostbusters, Passengers, and Pixels.  Only one of those has actually flopped.

Looking at box office, which Sony is going to take home 50% of the ticket sales, shows the real picture.

Passengers - Budget: $110M; Box Office: $270M (so far); Sony's Take: ~$135M (so far)
Pixels - Budget: $88M; Box Office: $249M; Sony's Take: ~$125M
Ghostbusters - Budget: $144M; Box Office: $229M; Sony's Take: ~$115M

Keep in mind that those don't include revenue from home video sales/rentals/streams, and the above budgets don't include marketing.  At worse, Passengers and Pixels broke even.  However, I think it's safe to assume they at least made Sony some money.  Ghostbusters is definitely a big flop.

Their gaming division may taken a huge hit with vr.

Certainly you mean the smaller companies that make movies no one cares about, because the big ones keep smashing records every year. 

Also, Sony pictures is just bad. Just think back at how they handled the Spiderman franchise and you see why they failed.

Please just sell Spiderman back to Disney, Sony Pictures can go bully up for all I care after that, namely after ruining ghostbusters franchise.