Sony Pictures Rebounds
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How the movie studio climbed back on top after a series of costly flops
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Sony Corp. (6758.T) said on Monday  U.S. sales of electronics have been better than expected so far  this holiday shopping season, fueled by demand for flat panel  televisions and digital cameras.
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Japan's Sony Corp  posted a 5.8 percent rise in quarterly operating profit thanks to strong digital camera sales, and it cut its annual outlook.
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The Sony Corporation today agreed to buy the Hollywood film studio Metro-Goldwyn-Mayer and its valuable film library after rival Time Warner withdrew from the bidding.
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The Hollywood hand-wringing of 2005 has been forgotten. After a dismal box-office year and gloomy prophecies about its future, the movie business has rebounded with a solid &#151; though far from spectacular &#151; summer season.
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Sony Corp (6758.T) swung to a quarterly  operating profit as robust sales of digital cameras and  camcorders helped offset videogame losses, and it raised its  annual outlook that exceeds market expectations.
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Sony Corp.  said on Monday U.S. sales of electronics have been better than expected so far this holiday shopping season, fueled by demand for flat panel televisions and digital cameras.
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Business & money: Sony boosted by decision to release DVDs exclusively on Japanese firm's next-generation recording format
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According to various news reports, Sony is likely to enter the movie-download market soon, putting the company in competition with Apple's iTunes, Microsoft's Xbox Live, and several other movie-download services.
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Sony Corp swung to a quarterly operating profit as it booked strong sales of liquid crystal display TVs and digital cameras and benefited from a weaker yen, and it slightly raised its full-year forecast.
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Sony Corp. and a group of investors reached a final agreement to buy Metro-Goldwyn-Mayer Inc. for US$12 a share, or about US$2.9 billion, to gain control of one of the world&#39;s largest film libraries.
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NEW YORK (Kyodo) A group of investors led by Sony Corp. said Thursday it has finalized a $4.9 billion acquisition deal with Hollywood film studio Metro-Goldwyn-Mayer Inc.
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WASHINGTON -- Sony Corp. is set to take over Hollywood film giant Metro-Goldwyn-Mayer Studios Inc. (MGM) for about 5 billion dollars, Sony officials said Monday.
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Sony Corp. on Tuesday hailed US movie rental leader Blockbuster&#39;s decision to expand inventory of its Blu-ray format, giving it a new edge in the battle to set the standard for next-generation DVDs.
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The digital video company produced strong profits in the third quarter.
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Sony Corp  swung to a quarterly operating profit as robust sales of digital cameras and camcorders helped offset videogame losses, and it raised its annual outlook that exceeds market expectations.
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A year ago, Sony was recovering. Now it is on the warpath, says its CEO.