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Sony hasn’t been this hot since it made the Walkman
  + stars: | 2024-12-14 | by ( John Towfighi | ) edition.cnn.com   time to read: +10 min
But as opportunities arise in streaming, Sony is trying to transition from being a legacy consumer electronics company to an original content and entertainment company. In addition to Sony Interactive Entertainment, which makes the PlayStation, the behemoth Sony Group also includes Sony Pictures, which produces films like the Spider-Man series, and Sony Music, which includes Columbia Records. Robert Lawson, the chief communications officer for Sony Group, said in a statement that since 2018 when the company acquired EMI publishing, making Sony Music the world’s largest publisher of music, Sony has invested approximately 1.5 trillion yen into content IP across various entertainment businesses. Sony has also been involved with music since the 1960s through a joint venture with CBS that became Sony Music Entertainment in 1991. Richard A. Brooks/AFP/Getty ImagesA customer walks away after purchasing the new Sony Playstation PS5 in Seoul on November 12, 2020, after Sony launched the new console in select markets around the world.
Persons: Bill Clinton, Damian Thong, ” Thong, Joost van Dreunen, NYU Stern, van Dreunen, Bella Ramsey, Pedro Pascal, Liane Hentscher, , Robert Lawson, ” Lawson, Akio Morita, Masaru Ibuka, Japan’s, Katsumi, Haruyoshi Yamaguchi, Kiyoshi Ota, Van Dreunen, “ We’re, what’s, Richard A, Brooks, Ed Jones, Thong, Anna Kerr, NYU Stern’s van Dreunen, , Kenichiro Yoshida, Tom Holland, Hiroki Totoki, Soichiro Koriyama, Kerr Organizations: CNN, Sony, PlayStation, SONY, Macquarie, Sony Group, NYU, Bungie, Sony Interactive Entertainment, behemoth Sony, Sony Pictures, Sony Music, Columbia Records, HBO, Max, Netflix, Disney, EMI, Tokyo Telecommunications Engineering Corporation, Sony Corporation, CBS, Sony Music Entertainment, Sony Corp, Bloomberg, Getty, Trinitron KV, Ginza Sony, Ampere, Sony PlayStation, Ampere Analytics, , Kadokawa, “ Sony, ” Sony, Sony Group Corp, Apple, Nasdaq Locations: Japan, American, United States, Tokyo, Ginza, AFP, Seoul, PlayStation5
LONDON, Feb 22 (Reuters) - A subsidiary of China's CNIC Corp has bought a minority stake in Swiss-based global energy trader Mercuria, sources familiar with the matter said. China's top oil producer CNOOC was in 2022 preparing to sell its stakes in assets in Britain, Canada and the United States. The CNIC subsidiary bought the stake of just under 5% in Mercuria last year, the sources said. The unit that bought into Mercuria is focused on China's energy transition and provides a foothold for Mercuria in the country as the Geneva-based trader seeks to expand its presence in clean energy sources. Founded in 2004, Mercuria is among the top five global oil traders, moving around two million barrels per day of crude oil and refined products.
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