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      Akatsuki enters into capital and business alliance agreements with Sony and Koei Tecmo

# Akatsuki enters into capital and business alliance agreements with Sony and Koei Tecmo

Akatsuki has entered into capital and business alliance agreements with Sony Group Corporation and Koei Tecmo Holdings, and conducted a disposition of its treasure stock through third-party allotment, the company announced. Through this allotment, Akatsuki will allocate 1,400,000 shares of its company to Sony Group (9.87 percent of its total issued shares as of September…

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#Sony VLOG-001: A Handheld 3-Axis Stabilized Camera Concept That Resonates with DJI Pocket 2

#Sony VLOG-001: A Handheld 3-Axis Stabilized Camera Concept That Resonates with DJI Pocket 2

Sony is an absolute behemoth in the camera space, pretty much dominating the sensor market with its high-quality CMOS sensors that form the bedrock of most camera systems. However, the company (which has pretty much created every product under the sun from robot dogs to bouncing/dancing speakers) hasn’t made much progress beyond professional cameras, smartphone…

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#Sony India, Zee Entertainment Merger Gets Key Approval

#Sony India, Zee Entertainment Merger Gets Key Approval

Indian regulators have approved, after much delay, the proposed merger between Sony’s TV operations in India and the country’s Zee Entertainment Enterprises. It would bring together linear TV networks, digital businesses, production operations and content libraries to create an Indian sector powerhouse. The merger, first unveiled in 2021, faced antitrust and other concerns. Last year, the…

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#Sony Pictures Quarterly Profit Drops to 5M

#Sony Pictures Quarterly Profit Drops to $115M

Sony Pictures saw its fiscal first-quarter bottom line drop to a profit of $115 million (16 billion yen), down 68 percent from the $394 million (50.7 billion yen) profit it reported during the same period in 2022. While theatrical sales were up, revenue from new TV series and streaming licensing were down. Promotional costs also…

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