| 3sexty said: If Sony does go bankrupt it would be a shame to see the PS brand sold off to another media corporation such as Disney and so forth. It would be the beginning of the end for PlayStation. Unfortunately Sony is not in a good position financially and I can see something like this happening down the track. |
I do not agree, for the simple fact that kaz
only listed playstation, smartdevices, and software and services as the three main Pillar's. the very fact they are buying into more mobile chip production and divesting themselves of ties to main investment's into TV's, Shows more than anything Sony may in fact cut more and more to TV and not large reductions to the three pillar's. If anything as i pointed out they purchased a new HQ for Playstation, but sold off another...you do not spend thar kind of money into a area you intend to sell off. Esp. one of which that Kaz and the board or directors told and stated to an investor who hold's over 6% of Sony that.
"The entertainment businesses are important contributors to Sony's growth and are not for sale," wrote Hirai in Sony's statement."
I think that unless Dan Lobe could get more japanese investors to pressure that the current head of Sony , which is Kaz to step down its very unlikely a Hedge fund Head like Mr Lobe, will ever have a chance to do so, because the japanese see them as vultures. And despite all his money and the way the US companies look at it as "just business" the culture of japan in business when it comes to foreign hedge funds or foreign company buy ins still are viewed not in the best of light.
Japan opens door to foreign hedge funds
26 Sep 2013
There are only a handful of home-grown hedge funds in Japan but changes to the rules for asset managers last year have made it easier to launch an investment management business. However, significant barriers to entry remain in the country.
Again:
American activist investors have, however, met with frustration in the efforts to add value at other companies. T. Boone Pickens, who acquired a minority stake in the auto parts company Koito Manufacturing in 1989, pressed its management for better dividends and a seat on its board. But the little manufacturer dug in its heels. Shareholders heckled him with anti-American taunts at its annual shareholders meeting; the press branded him an opportunistic vulture. Koito’s president refused even to meet the Texan magnate.
“O.K., Koito; I give up,” Mr. Pickens declared in an editorial two contentious years later, before selling his entire stake. “The heck with Japanese business.”
Again:
"The entertainment businesses are important contributors to Sony's growth and are not for sale," wrote Hirai in Sony's statement."
does that sound like Sony would sell off playstation to you?
many keep saying Sony will have no other choice, but the choice of cutting every thing like a major investment into TV production, which is by far has been stated that TV's are no longer a pillar @ Sony by Kaz!
Again read this:
http://community.seattletimes.nwsource.com/archive/?date=19910609&slug=1287976
He has 26% of that company Even @ 26% he was as you can see, not Happy with the outcome, With Sony i Epect the same.

I AM BOLO
100% lover "nothing else matter's" after that...
ps:
Proud psOne/2/3/p owner. I survived Aplcalyps3 and all I got was this lousy Signature.







