Sony's movies are blunting the pain caused by it's electronics. Why would they sell that off?

Sounds silly to me.

Get rid of the unprofitable crap.

It's not whether they can, but how.

I can win the lottery, too. But I need the winning numbers.

S&P and Fitch accused of market manipulation in Italy
Italian prosecutors have filed charges against Deven Sharma, the former president of Standard & Poor’s, and six other credit rating officials for issuing downgrades that destablised the country and fuelled the debt crisis.

12 Nov 2012

If the Trani judge gives the go-ahead, it could be a test-case for dozens of other efforts to sue the credit rating agencies. Despite widespread criticism for failing to realise the debt they were rating as AAA was highly toxic, the agencies have so far managed to protect themselves from prosecution by claiming that their ratings are only opinions. In America, they have claimed protection under free speech rules.

More than 60 cases against the agencies are thought to have been filed around the world following the financial crisis but none with much success.

A breakthrough came three weeks ago when an Australian court ruled that S&P misled 12 councils in Australia by awarded a AAA rating to derivatives products created by ABN Amro which imploded less than two years after they were sold.

In July, McGraw-Hill, the American owners of S&P, admitted in a filing that US regulators, including the Securities & Exchange Commission and the Department of Justice, are investigating S&P’s ratings of structured products.

http://www.telegraph.co.uk/finance/financialcrisis/9672943/SandP-and-Fitch-accused-of-market-manipulation-in-Italy.html

"According to Adusbef and Federconsumatori, the three rating agencies, which are investor-driven companies, manipulate the financial markets to benefit their investors, and thus create a conflict of interest. 

“The world's biggest fund management companies are among the rating agencies' shareholders. Warren Buffet's Berkshire Hathaway, Fidelity, State Street, Blackrock and Morgan Stanley Investment are just a few of Moody's shareholders. Moody's is being used by its shareholders to influence the market so to increase their share value and profits,” Avallone added.

The Italian court of accounts has estimated that the three agencies caused damages of over 120 billion euros to Italy's economy from May to November 2011. "

http://www.presstv.ir/detail/2012/07/26/252919/moodys-accused-of-giving-false-figures/

Well said. The question is can they find the formula.

According to the Financial Times Hirai said Sony would focus more on games, digital imaging and mobile products.

Don't seem like a fool-proof plan to me but running an electronics company isn't my specialty.

Good news for PS fans though, as they are committed to gaming.. in some capacity.

Junk status? I guess it suits them, they started going down hill after the PS2 anyway. If you want to know how unethical this company is, look up 'Sony timer'.

If I were Sony...

- I would sell the TV division (use that money to pay debt)
- I would sell the camera-division (use that money to pay debt)
- I would sell the audio-stuff/ BluRay-players etc. (use that money to pay the debt)
- I would kill the Vita
- I would create a unique tablet for Windows 8
- I would keep investing in smartphones
- I would make Playstation / smartphone / tablet benefit each other
- I would make a deal with Samsung / LG that their TVs will be bundled with a PS4 at launch
- I would keep the movie studio and sell some parts of the music business.
- I would try to get a stand in the medical business

So Sony would get a lot of cash to pay some of the debts. They would have 3 product lines for consumers and that is it. Playstation, smartphone and tablet. They would have a real focus then. The other stuff is only for content (music / movies / games). Then I would try to expand Gaikai on Samsung, LG and Sharp Smart TVs. This should be included in their tablets, playstation and smartphone as well.

The medical business would be someting else and needs to grow sustainably and NOT rushed.

That would be a start.

what's there to say.  kowen's OP has no spin or even conclusions.. just a fact of sony's financial situation so there is nothing to argue. most everyone else is just trolling which is funny because most can't understand what this means anyways.  so i have nothing to add.  besides, kowenicki has been putting up a thread like this every couple weeks for the last 2 years.  if i had anything so say i've said it long ago. 

well in my head i was thinking 3 weeks.  that's got to be close to the true no?  i'm including the yen/euro threads too.  well bottom line there have been a ton of threads to date.  i'm pretty dumb when it come to financial analysis so i really didn't have much to say in the first place either.

"This is very much a case of shooting the messenger. "

no, its about using their company to manipulate market's , and how many people such as your self hold these agencys harmless of such manipulation.

there is a reason why many people do not post in sections that you post in. because its always a negative post (for any and every Sony related posts). 

when the dog gets kicked so much, people tend to keep to themselves, thats why there is a lack of exciting back n forth in threads like this anymore because when your on the loosing end of every thread there is no point in going further, its not about keeping the head in the sand, its about after a while why argue about it. hey you were right about the situation, about Sony, you get a cookie, does that make you feel better about yourself?

many people asked why many ps3 fans do not post in other sections and keep to the psvita section, and its a safe haven for fanboys. well  the answer is quite simple being the butt end of pretty much all the jokes on the internet about Sonys fans kinda gets tiresome.

when many gamer's act like Sony fanboys are just getting a taste of their own medicine, than so be it its like many people just want the ps3 Fanboys are seen as the worst offenders on this site and pretty much every gamer centric site they are seen as children that need to sit down and shut up and let the big boys talk and  not say a word because we know more than you do. well guess what you and others are getting your wish, and that is one of the reasons with the many snide comments of many gamers on this forum always poking fun of anything and every thing sony just to get back at gamers, just remember what comes around goes around. more negative karma as you reap so shall you sow. 

people wonder why many ps3 fanboys do not post in sections now its because being the butt end of jokes wears thin after a while even a fanboy can figure that one out.

"I guess I do feel vindicated with recent happenings for my reporting of this for the last 2 years.  I was constantly called out as a doom merchant going back two years.  When actually I was reporting something that I thought was important and very relevant.  It has turned out that I was right.  I only report factual matters concerning financial issues, it isnt my fault that Sony press has been nothing but negative in that timespan and it isnt my fault that Sony fans take umbrance at that."

its your arrogance that rub's some people the wrong way. its not really about what you post.

I wonder what the end result will look like?

I dont think Japan cant let all these big companies fail and put hundreds of thousands out of work and yet there doesn't really seem to be a solution that can be achieved in time.

My bet would be some sort of merger similar to their banks in the 90s.