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October 13, 2011 | Bloomberg News
Sony Corp. recalled 1.6 million Bravia flat-panel TVs sold worldwide since 2007 because a faulty component may cause them to melt or catch fire. Sony recalled the liquid-crystal display TVs after a September incident in which a customer noticed a small fire and smoke, said Yuki Shima, a Tokyo-based spokeswoman for the world's No. 3 maker of televisions. Eleven incidents have been reported in Japan since 2008, according to a company statement, and no injuries have been reported. A faulty component in the backlight systems may be the source of overheating that can melt the top of the TV set, Shima said.
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ENTERTAINMENT
April 23, 2014 | By Oliver Gettell
Barbie is going from the toy store shelf to the silver screen. The iconic blond-haired, blue-eyed doll will be featured in an coming live-action comedy, Sony Pictures and Mattel announced Wednesday. Production for the movie, which Sony sees as its next big global franchise, is set to begin at the end of the year. Written by Jenny Bicks ("What a Girl Wants," "Rio 2") and produced by Walter F. Parkes and Laurie MacDonald, the movie will draw on Barbie's unique resume. Over the years, Barbie dolls have come in more than 150 different looks, including princess, president, mermaid and movie star, and the character will inhabit many of those roles on-screen.
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ENTERTAINMENT
June 29, 2012 | By Alex Pham
Sony Corp.'s deal to acquire EMI's publishing assets has cleared U.S. and European regulatory hurdles and was closed Friday, the companies said. EMI's catalog will be merged with Sony's to create a library of more than 2 million songs, making the combined entity the world's largest music publisher. The deal, announced last November, called for an investor group led by Sony to pay $2.2 billion for EMI's rights to 1.3 million songs, including those written by David Bowie, Stevie Wonder and others.
BUSINESS
April 11, 2014 | By Andrea Chang
Sony is issuing a warning to users of its Vaio Fit 11A, telling them to stop using the laptops because the batteries could overheat and catch fire. According to the Wall Street Journal, the batteries made by Panasonic are found in nearly 26,000 Vaio computers. Sony has received three reports of batteries overheating, which caused partial burns to Vaio computers. VIDEO: Unboxing the Amazon Fire TV "The first incident was in Japan on March 19, followed by similar incidents on March 30 in Hong Kong and April 8 in China," the Journal reported , noting that Sony stopped selling the laptop at the beginning of this month.
BUSINESS
February 25, 2013 | By Salvador Rodriguez
Samsung, Sony and Hewlett-Packard took to the Mobile World Congress in Barcelona, Spain, over the weekend to announce new tablets that could rival Apple's iPad. The most notable of the tablets is Samsung's Galaxy Note 8.0, which will be the South Korean tech company's direct competitor to Apple's iPad mini and the Google Nexus 7. As noted by its name, the Galaxy Note 8.0 has an eight-inch screen with a 1,280-by-800-pixel resolution. Like other Galaxy Note products, the new Samsung tablet will also come with the S Pen stylus.
ENTERTAINMENT
June 20, 2012 | By John Horn
Early fan interest in Sony's “The Amazing Spider-Man” looks to be just that - amazing. Audience surveys circulating around Hollywood this week show that the web-slinger reboot is generating a level of excitement reserved for only a handful of the summer's biggest hits. Even though “The Amazing Spider-Man,” which overhauls the creative team behind the first three movies, doesn't open until July 3, potential ticket buyers - even young women - already are more interested in the superhero story than they are in “Brave,” which will premiere this weekend to as much as $65 million.
ENTERTAINMENT
February 21, 2013 | By Joe Flint
After the coffee. Before ordering my limo for Sunday night. The Skinny: I'm starting to watch the Netflix series "House of Cards" It's my first foray into the world of Netflix, so if you don't see me for a few days (or weeks) you'll know why. Thursday's stories include a look at all the work Wolfgang Puck has to do as the chef for the Governors Ball, which follows the Academy Awards. Also, Walt Disney Co. has struck a deal with British Sky Broadcasting for a new channel and Sony unveiled its latest version of the PlayStation.
BUSINESS
May 23, 2013 | By Salvador Rodriguez
Sony will begin selling smaller, less-expensive versions of its new XBR 4K Ultra HD TVs. The Japanese tech company was one of the first to roll out 4K Ultra HD sets late last year. That technology is supposed to offer quadruple the resolution of current HD TVs and an even more crystal-clear image than before. Sony's first foray with the new TV technology was an 84-inch set it began selling in November for $25,000. But starting Thursday evening the company's new 55-inch and 65-inch models will go on sale at Santa Monica's Video & Audio Center.
BUSINESS
April 23, 2008 | From Times Wire Services
Sony Corp.'s U.S. unit agreed to buy Gracenote Inc., a maker of music infrastructure products for consumer electronics, for at least $260 million to improve its digital content and services. Emeryville, Calif.-based Gracenote's top management will stay at the company, which will operate as a wholly owned subsidiary, Sony said.
ENTERTAINMENT
November 30, 2012 | By Ben Fritz
Sony sold 525,000 PlayStation 3 units during the crucial Thanksgiving week, the Japanese electronics giant said Friday. That's fewer than the 750,000 Xbox 360s that Microsoft sold the week of Thanksgiving, but it beat Nintendo's Wii U and its Wii, which sold 400,000 and 300,000 units that week, respectively. Sony said total sales of PlayStation hardware, games and peripherals were up 9% from Thanksgiving week 2011. The company said it also sold 160,000 of its portable PS Vita devices, whose sales have been struggling.
ENTERTAINMENT
April 9, 2014 | By Daniel Miller, This post has been updated as indicated below.
Sony Pictures Entertainment has closed a $200-million co-financing deal with LStar Capital and Citibank, according to sources familiar with the matter who were not authorized to comment publicly.   The multiyear equity and debt arrangement will cover the film and television studio's coming movie slate, which includes this summer's "The Amazing Spider-Man 2" and "22 Jump Street. " The transaction closed Tuesday. The pact mitigates the studio's risk if its 2014 slate disappoints.
ENTERTAINMENT
March 17, 2014 | By Daniel Miller
Layoffs are underway at Sony Pictures Entertainment, the Sony Corp.-owned film and television studio that vowed late last year to significantly reduce its overhead. The cuts, which began Monday and will continue this week, include employees at divisions throughout the studio, according to a source with knowledge of the matter. The layoffs were felt at the studio's Culver City headquarters and at international offices. Among the divisions said to be deeply affected by the staff reductions is Sony Pictures Interactive, the studio's digital marketing arm.  "We are continuously evolving the business to make SPE more efficient and competitive," Sony Pictures spokesman Charles Sipkins said in a statement.  PHOTOS: Behind the scenes of movies and TV At an investors conference in November, Sony Pictures executives outlined  $250 million in budget cuts that were already underway.
ENTERTAINMENT
March 10, 2014 | By Meg James
Comcast Corp. has signed a licensing agreement with Sony Pictures Entertainment that will increase the number of titles offered for sale through Comcast's recently launched digital store. The deal with Sony is noteworthy because it allows Comcast customers to purchase digital copies of such Oscar-nominated movies as "American Hustle," and "Captain Phillips" from Comcast's Xfinity On Demand digital service. "American Hustle" will be available beginning Tuesday, and "Captain Phillips" and other movies, including "Cloudy With a Chance of Meatballs 2," will be available within a few weeks.
ENTERTAINMENT
March 4, 2014 | By Dawn C. Chmielewski
As a child, Shannon Studstill sold gum to her classmates to finance her weekly trips to the video game arcade. That early investment in "Pac-Man" and "Defender" would pay huge dividends. Studstill, one of the most powerful women in the male-dominated world of video games, now runs Sony Santa Monica Studio, the development group responsible for the company's hit franchise "God of War" and the publisher of such critically acclaimed independent titles as "Journey. " The 43-year-old executive is an anomaly in an industry known for its underrepresentation of women.
ENTERTAINMENT
March 4, 2014 | By Daniel Miller
Sony Pictures Entertainment will make a horror film centered on the mysterious death of Canadian tourist Elisa Lam, whose body was found inside a water tank at downtown's Cecil Hotel. The project is based on a screenplay by Brandon and Phillip Murphy titled "The Bringing. " It was acquired by Sony Pictures and Matt Tolmach Productions. The 21-year-old Lam's body was recovered  Feb. 21, 2013. Her death was ruled an accidental drowning by the coroner, though surveillance video from the hotel's elevator that showed Lam acting oddly sparked conspiracy theories about the incident.
BUSINESS
February 24, 2014 | By Salvador Rodriguez
Samsung and Sony dove deeper into the world of wearable technology this week by announcing new fitness tracking bands. The two Asian tech companies have been selling smartwatches for some time, but their entrance into the fitness tracking market could threaten FitBit and JawBone, two companies that have had success selling bands to users interested in measuring how active they are. Alongside the unveiling of the Galaxy S5 on Monday, Samsung...
NEWS
November 12, 2013 | By Los Angeles Times staff
Fast approaching 2 million views Tuesday morning on YouTube is Sony's official unboxing of the PlayStation 4. See the video above. The unboxing marks the latest push by Sony to keep attention on the PS4, which is set to launch Friday in the U.S., and away from rival Microsoft's Xbox One, which is to debut just a week later on Nov. 22. Sony already has sought to leverage PlayStation nostalgia with a popular ad released last month, its ...
BUSINESS
May 13, 2013 | By Salvador Rodriguez
Knowing there's a lot of interest in waterproof smartphones, Sony has been coming out with devices that not only can survive an accidental drop in the toilet but actually be used underwater. It's latest, the Xperia ZR, can even record HD video while submerged. The Japanese tech company said the phone, unveiled Monday, can be nearly 5 feet underwater for up to 30 minutes. The device can go in only fresh water, so users can't take it with them into the ocean where saltwater can corrode the phone.
ENTERTAINMENT
February 11, 2014 | By Oliver Gettell
The large, crazed bunnies known as Rabbids -- spawned from the "Rayman" video game franchise and popularized in an animated TV series -- are headed to the big screen, Sony Pictures Entertainment and French game publisher Ubisoft announced Monday. The two studios are partnering to develop a feature film based on the characters. Jean-Julien Baronnet, executive director of Ubisoft Motion Pictures, said in a statement that Sony "has tremendous experience developing hybrid live-action-and-animated blockbusters for audiences around the world, which makes them a natural fit for what we want to achieve with a Rabbids film.
ENTERTAINMENT
February 6, 2014 | By Daniel Miller
Sony Pictures Entertainment reported a profit of $231 million in the fiscal third quarter ending Dec. 31, a significant improvement from the previous quarter, when it lost $181 million. However, the film and television studio's profit was down 4.2% from the same period a year ago. Revenue was up 7.1% to $2.131 billion. Sony Pictures, a unit of Tokyo-based Sony Corp., is in the midst of a major cost-cutting initiative. The studio has said it will slash at least $350 million in overhead, and has been laying off employees.
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