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Forums - Sony - Sony's $100 billion lost decade support "break up"

People also should realize that Sony themself have done this before.. The Financial Division is seperate and Sony owns ~60% of them.. and they get good money from it every year.. Loeb is sugesting the same with the entertainment division.. The money they could get from spinning a part of the entertainment business could be used to get their electronics division sorted out.. and still have income from it



 

Face the future.. Gamecenter ID: nikkom_nl (oh no he didn't!!) 

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Sony would make a kick ass Elder Scrolls. lol



Before the PS3 everyone was nice to me :(

kowenicki said:
Akvod said:
Train wreck said:
Akvod said:
Many firms are just absolutely dying to have content (Netflix, Amazon, etc), and this guy wants Sony to sell it off?

I know, right? they still own 25% of all music and movies and on a good year the top selling console manufacturer, if anything as content becomes more king, Sony is in the drivers seat


It's also a near permanent advantage. Stuff like movies and music are built off of legacy, reputation, and connections. It'll be hard for a company to build what Sony has.

 

I'm also interested in the economies of scope that result from Sony having content. Does it give Sony massive leverage in negotiations? E.g. you better have your software on the PS4, or else we won't let you use our movies, music, etc.


sony bought it

why cant someone else?


Because Sony won't sell it...? That's the whole topic at hand.



kowenicki said:
Chark said:
Selling of the entertainment division would be a foolish move. Leading the company, fixing whats wrong, and returning to profit is what they should be and apparently are doing. The entertainment division will be a big part of that and selling it just seems like a giant risk for some immediate cash, if investors shy away shortly after the sale Sony won't have benefited very much.


the point is... they arent, its almost accidental.

go read my post of the Bloomberg story on the weak yen in here....

http://gamrconnect.vgchartz.com/thread.php?id=160129&page=1#

 


I understand the weak yen and its importance but you don't consider what Sony has been doing recently to be good moves? Ericsson phone share buy out and producing high end smartphones; the lay offs; the centralizing of European/Japanese divisions; the focusing on games, phones, and optical; spearheading the 4K high end OLED tv market and the creation of a 4K distribution service; the implementation of the SO-NET fiber optic network in Japan; the acquisition of Gaikai and their future cloud gaming plans; their plans for the PS4 and the hiring of a new marketing team for it?

I'm sure I'm missing some stuff but it is shaking up, at least some extent. You can be critical of a few things but its not them just sitting on their asses waiting on luck. It is going to take a while for things to have an affect.



Before the PS3 everyone was nice to me :(

"As president and CEO Kazuo Hirai has said repeatedly, the entertainment businesses are important contributors to Sony's growth and are not for sale," Sony said. "We look forward to continuing constructive dialogue with our shareholders as we pursue our strategy."

It is not for sale!



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.

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bad news,good news,bad news come on sony squeeze out the PS4 and keep it all going



                                                                                                                                        Above & Beyond

   

But there is hope. "Mr Loeb's proposal certainly came out of the blue, so I am not surprised that there is no immediate response," says Gerhard Fasol of Tokyo-based Eurotechnology. "And Mr Hirai did meet Mr Loeb which was not always the case in the past." However Mr. Fasol is unsure just how far Mr. Loeb may get. "He does not have that much power over Sony. After all they are not like Sharp ," he says. "They don't have the same problems as Sharp so they don't have a gun to their heads." The hope must be that like the the other Bravia that is plaguing Sony -- its eight years of loss-making TVs -- the foreign meddlers might just disappear.

Struggles with foreign shareholders have nearly always turned to favor Japanese companies, after all. Just six years ago when Steel Partners launched a tender offer for the 90% of a famous Japanese sauce maker, Bull-Dog, the food firm sought a white knight intervention and then a poison pill to save itself from an aggressive takeover bid from the Americans. Finally, Japanese courts voted in favor of the pill.

Analysts here say an increase in more moves like this from foreign firms is further proof that Japanese industries now face a new era of corporate mergers and acquisitions that will more closely resemble deals seen overseas. Until very recently takeover bids were rare in Japan where private equity and hedge funds have been traditionally viewed as corporate vultures. Nor have efforts by overseas investors to wring higher returns from companies found much success in Japan.

Mr Loeb's tactics are less hostile. But historic evidence suggests that Sony and Japan Inc. are unlikely to heed his call, which essentially echoes the lead of the country's new prime minister, Shinzo Abe. His economic policies seem to have done so much to put Japan back on the map recently. Thanks to massive spending by the Bank of Japan, the nation's economy is on the up, though deflation is still the norm and firms are refusing to budge on lack of plans for new investments, according to the latest figures.

http://tech.fortune.cnn.com/2013/05/16/break-up-sony-its-harder-than-it-looks/



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.

Dont listen to this guy and do ur job, Kaz.



KingofTrolls said:
Dont listen to this guy and do ur job, Kaz.

its good that he is in talks with Dan, but on the same token: Dan already has his Answer

"As president and CEO Kazuo Hirai has said repeatedly, the entertainment businesses are important contributors to Sony's growth and are not for sale," Sony said. "We look forward to continuing constructive dialogue with our shareholders as we pursue our strategy."

It is not for sale!"

they are not putting that part of the company on public offering, and why would they?

Gaikai, a Sony Computer Entertainment company

Privately Held; 51-200 employees; Computer Games industry

February 2010 – Present (3 years 4 months)

 

do you think after all that investment Sony is going to allow a corporate raider to step in and sell off parts of what Sony has invested in changing what the company spent all this money to unify instead of divide one of the only parts that provide exclusive content to their platforms?

its one thing to ask getting rid of heavy non profit bearing parts of the company to be sold but the parts that is worth its investment's to be sold to other's? so as to fix an area where Sony has no real chance to repair that section like TV's, instead of killing the dead weight which is the TV section? 9 years of straight loss's and yet Dan wants to grab 20% or more of the profit generating content publishing to spin it off?

And he already got his answer!



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.

Akvod said:
Train wreck said:
Akvod said:
Many firms are just absolutely dying to have content (Netflix, Amazon, etc), and this guy wants Sony to sell it off?

I know, right? they still own 25% of all music and movies and on a good year the top selling console manufacturer, if anything as content becomes more king, Sony is in the drivers seat



 

I'm also interested in the economies of scope that result from Sony having content. Does it give Sony massive leverage in negotiations? E.g. you better have your software on the PS4, or else we won't let you use our movies, music, etc.

You'd think that... but no.

Sony's stuck in that old Japanese fiefdom model.  As can be shown by the fact that sony pictures liscensed movies appear... everywhere when it comes to consoles..