Sony reports a $765M impairment loss due to Marathon developer Bungie's underperformance during its FY ending March 31, 2026; Sony acquired Bungie in early 2022
Extracting value. — Sony has reported a $765 million impairment loss due to underperformance of Marathon developer Bungie during its last financial year.
TCL agrees to buy a 51% stake in Sony's global home entertainment business for ~$472M, as the Chinese company seeks to expand overseas; Sony retains a 49% stake
TCL Electronics Holdings Ltd. agreed to buy a majority stake in Sony Group Corp.'s global home entertainment business as the Chinese company seeks to expand overseas.
Sources: Sony is nearing an agreement to sell a 51% stake in its home entertainment business to Chinese rival TCL for ~$1B, to be announced as soon as in March
Sony and TCL sign a nonbinding deal to spin off Sony's TV and home audio hardware business into a joint venture, split 51% TCL and 49% Sony, by the end of March
The two companies are planning to form a new joint venture that will carry the ‘Sony’ and ‘Bravia’ branding.
Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder
for now Sal Romano / Gematsu : Sony Group Corporation and Kadokawa Corporation to form strategic capital and business alliance Jordan Middler / Video Games Chronicle : Sony is now Kadokawa's largest s...
Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder
Sony Group (6758.T) said on Thursday it will invest about 50 billion yen ($320 million) to acquire new shares of Kadokawa (9468.T) …
Sources: Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the Elden Ring game, in the coming weeks; Kadokawa had a ~$2.7B market cap
Sony (6758.T) is in talks to acquire Kadokawa (9468.T), the Japanese media powerhouse behind the “Elden Ring” game …
Sony and Microsoft sign a 10-year Call of Duty on PlayStation deal; in 2022, Microsoft offered to keep “existing Activision console titles on Sony” through 2027
Sony has agreed to a 10-year deal for Call of Duty with Microsoft to keep the franchise on PlayStation after the proposed Activision Blizzard acquisition.
Sony and Microsoft sign a deal to keep Call of Duty on PlayStation after the acquisition of Activision Blizzard, ending a bitter battle between the companies
Sony has agreed to a deal for Call of Duty with Microsoft. Microsoft Gaming CEO Phil Spencer says Sony and Microsoft have agreed to a …
FTC v. Microsoft: Phil Spencer says Microsoft acquired ZeniMax for $7.5B to stop Sony from paying for Bethesda games like Starfield to be PlayStation exclusives
Microsoft's Xbox chief has revealed one of the key reasons behind the acquisition of Bethesda parent company ZeniMax: potential Starfield PlayStation exclusivity.