December 24, 1989 |
Akio Morita wasn't the first foreigner to buy a movie studio during a decade when ownership of Hollywood companies began to shift overseas. But because he also is the founder and chairman of the Japanese electronic giant Sony Corp., his purchase last fall of Columbia Pictures Entertainment for $3.4 billion, easily became the decade's most ambitious and controversial move into Hollywood movie-making. Sony's purchase came two years after it bought another American entertainment giant, CBS Records.
June 3, 1995
You may have missed a small yet significant reason Sony continues to market the Betamax tape format. About the time Betamax was heading off to obscurity, the Betacam format (which uses the same tape cartridge at a faster speed) was making its way into the broadcast industry. It soon became the worldwide standard for electronic news gathering and remains so today. As long as Sony is churning out tape stock for thousands of Betacams around the globe, keeping the cassettes available to home Betamax users probably isn't as big a deal as it might seem.
May 5, 2007 |
In a season filled with sequels, this is one plot twist that everyone saw coming. Within an hour of the first U.S. showing of Sony Pictures' "Spider-Man 3," police arrested a man videotaping the film inside New York's AMC Loews Lincoln Square theater shortly after the Thursday midnight screening, the studio said Friday. The suspect was spotted by theater employees, who summoned the police. Police made similar arrests in Malaysia and Argentina.
February 19, 2013 |
In its first week of release on DVD and Blue-ray, Denzel Washington's action-thriller “Flight” soared to the top of the rental chart but failed to knock "Hotel Transylvania" out of its No. 1 spot in the sales rankings. Paramount's “Flight,” which earned Washington an Oscar nomination, was the most-rented disc in the U.S. during the week ending Feb. 10, but came in second in sales. “Hotel Transylvania,” the computer-animated comedy produced by Sony, was the top seller in its second week since being released on disc.
December 27, 2012 |
The raunchy adult comedy “Ted” beat a pair of action films in pre-holiday sales of DVD and Blu-ray discs, with humor trumping the final installment of director Christopher Nolan's Dark Knight trilogy, “The Dark Knight Rises,” and newcomer “The Bourne Legacy” as well as the animated “Ice Age: Continental Drift.” But “Ted” barely cracked the top 10 when it came to DVD and Blu-ray rentals. The winner in that category was “Men In Black 3.” Below are the 10 most sold and rented movie discs during the week ended Dec. 15 (sales)
October 4, 1987
Sony's effort to buy CBS Records ("Sony Has Made $1.8 Billion Offer to Buy CBS Records," Sept. 12) could preface a new chapter in "The Selling of America." With so many household American brand names already in foreign hands--GE, Norelco, Magnavox, Philco, Smith-Corona and others--it may be hard to be concerned about the purchase of a record company even if it is the world's largest. We've sold off our consumer electronics hardware businesses to foreigners, why not sell off the software as well?