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Sony's Sales Plunge,
May 15. 2009
Sony Chairman Howard Stringer Disgusting, thieving Sony, headed up by slavetrader and sponger, Howard Stringer, has posted losses of over 1 billion dollars and correctly expects next year to be ugly for them as well. They are faring the worst of all their competitors, suffering the biggest losses. They've fired thousands of people to offset the losses and prop up their stock price, but it is backfiring. Sony is facing another boycott, in addition to
mine, from Hindu people, due to a video game titled "
An official representing the Hindu people contacted Sony and received no response. That's just their way when confronted regarding their wrongdoing, as they did the same to me and my lawyer. Sony is run by a bunch of ignorant, juvenile, thieving degenerates with no sense of morality or decency. They would sell their first born to the devil if it meant a dollar. But keep ticking off and offending the whole planet, Sony and the company will be completely decimated in no time. Your brand has become so unpopular and hated over aforementioned misdeeds, you've basically provoked the catastrophe that has befallen your sales.
He looks like the devil in that photo In other news, Sony filmmakers have been banned from MySpace. A leaked email on the Gawker website reveals the MySpace staff shut them out the site and each time they try to log in it redirects them to Google.com. Sony makes first loss in 14 years A customer checks Japanese
electronics giant Sony's Bravia brand LCD TVs at an electronics
shop in Tokyo Electronics giant Sony has reported its first annual loss in 14 years, after being hit by a big drop in sales. Sony reported a loss of 98.9bn yen ($1.04bn; £685m) for the year to the end of March, compared with a profit of 369.4bn yen the previous year. Upset over Hanuman videogame, Hindus might give worldwide boycott call of all Sony products Press Releases May 14th, 2009 22 views Hindus upset over Sony’s “Hanuman: Boy Warrior” videogame and further frustrated by the callous handling by Sony officials, might give a boycott call of all Sony products world over. Acclaimed Hindu statesman Rajan Zed, in a statement in Nevada (USA) today, said that despite communication between Sony officials and Hindu leaders, the issue had not been resolved yet. Sony officials said that they would look into it and be back with the Hindu leaders, but they were yet to hear back from Sony. http://press-releases.techwhack.com/36525-sony-hindu Sony Moviemakers Banned from MySpace By Owen Thomas, 5:16 PM on Thu May 14 2009 A tipster tells us that when Sony employees in L.A. try to log onto MySpace, "it directs you to google.com." Bizarrely, Sony's IT staff is saying it's MySpace's fault. Our tipster speculates: "Revenge for all the crap services that MySpace provided to Sony as a studio? Maybe." There'd be a ha-ha joke about how not being able to log onto MySpace's unusable site is a kindness, except that Hollywood studios, which set up pages for their movies to promote them, actually need to access the site. Here's the memo about the outage: From: Brian Franke Folks, Just wanted to let you know that we are looking into the MySpace.com redirect to Google.com issue. It appears to be on the MySpace end (unexpectedly), and has been escalated to their network team. No ETA yet on a resolution. Please contact me if you have time-sensitive MySpace deliverables, and we can discuss options. Regards, Brian —-—-—-—-—-—-—-—-—-—- Brian Franke Executive Director of Technology Sony Pictures Imageworks Interactive Update: Brian Franke's colleague Nancy Kim, director of digital communications strategy at Sony Pictures Entertainment, sent us this email: Hi Owen, Can you please remove this article? Not sure where you received that information? As Sony is certainly not "banned". Please feel free to call me if needed. Thanks! Nancy So now Sony has two problems: A ban by MySpace, and a digital communications strategy which seems to involve denying reality. Call a mall cop, Sony Pictures' operating income plummets 43% 02:34 PM PT, May 14 2009 - The phrase "sales decreased" must be a save-get key on the computers in the investor relations division at Sony Corp. because those words appear so often in the company's earnings statements when describing the performance of its movie and TV studio, Sony Pictures Entertainment. The latest report is no exception, with Sony Pictures' operating income falling 43% to $305 million for the fiscal year ended March 31. Although superheroes "Hancock" and "Paul Blart: Mall Cop" helped boost Sony's theatrical revenues, those performances were not strong enough to offset the pain inflicted by the vanishing DVD market and a weak economy. Of course, the company's film and television operations are hardly the biggest underperformers at the Japanese electronics conglomerate -- which posted a net loss of $1 billion for the fiscal year -- but it's not helping a whole lot, either... http://latimesblogs.latimes.com Sony eyes frail recovery Thu May 14, 2009 2:47pm EDT - TOKYO (Reuters) - Sony Corp forecast a second straight year of losses as the global recession batters demand for consumer electronics but the Japanese company stopped short of taking any new aggressive steps to cut costs further. The back-to-back annual losses will be Sony's first since its listing in 1958, underscoring deepening troubles for a company that has fallen behind Apple Inc's iPod in portable music, Nintendo Co in videogames, and is losing money on flat TVs. Japanese companies such as Sony, Panasonic Corp and Sharp Corp have suffered an additional blow as the yen's strength made their products less price competitive overseas. Sony said on Thursday it would close 14 percent of its 57 manufacturing sites this year -- slightly more than it previously announced -- but it stood by its plan to slash more than 300 billion yen ($3.2 billion) in costs this financial year. The cost-cut measures include a reduction of 16,000 jobs. Some analysts said Sony, which is feeling the pain in every corner of its operations ranging from semiconductors to movies to insurance, desperately needed a killer product to get back on track and position itself for any recovery. "Their outlook gave me the impression that their business is heading for a gradual recovery. But it would all depend on whether they will be able to start making popular products because right now they have no 'No. 1' product," said Fujio Ando, senior managing director at Chibagin Asset Management. "I see Sony's branding power weakening." ... |
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