Sony Says It Won’t Sell Movie Unit Despite Nearly $1 Billion Write-Down – Wall Street Journal
TOKYOâ€”A top Sony Corp. executive on Thursday ruled out selling any part of the companyâ€™s movie and television business after troubles in Hollywood led Sony to post a nearly $1 billion write-down.
â€œThere is no chance we will sell the unit,â€ said Sonyâ€™s chief financial officer, Kenichiro Yoshida, at an earnings news conference.
He also said…
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