Sony Lacks Adequate Original IPs, Says President Totoki

September 06, 2024 – Hiroki Totoki, the current President, Chief Operating Officer, Chief Financial Officer, and Chairman of SIE at Sony Group Corporation, has expressed concerns over the company’s lack of original IPs developed from scratch, which he believes puts them at a disadvantage compared to their competitors. In an interview with the Financial Times,…

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Sony Abandons Paramount Acquisition: Strategic Misalignment and High Risks Prompt Decision

August 08, 2024 – Sony Group has officially ended its plans to acquire the film and television production giant Paramount Global, according to Hiroki Totoki, the President, Chief Operating Officer, and Chief Financial Officer of Sony Group. This announcement marks the conclusion of Sony’s potential acquisition of Paramount. Previously, there were reports that Sony, along…

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Sony Reportedly Discontinues 5.5TB Optical Disc Archive Solution: A Shift in Data Storage Strategies

July 23, 2024 – In a surprising turn of events, techradar has revealed that Sony is set to discontinue its highly acclaimed 5.5TB Optical Disc Archive Cartridges, marking the end of an era in long-term data storage solutions. Introduced in 2020, Sony’s third-generation optical archive system boasted an impressive 5.5TB capacity per cartridge, leveraging innovative…

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