Soundwave on 28 February 2014
Even if they did all that, debt doesn't magically disappear because they sold their TV division. They will have to pay off their debts.
Also, "axing" the TV division isn't as simple as people think. The TV division is dear to Sony, it's the central pillar of their company heritage, it would be like Nintendo giving up on consoles entirely or Honda giving up on automobiles. There may be an argument for it, but it's not as simple of decision as you think. It would be an extremely painful loss of morale for Sony and end of an era.
