Sony Corp. chairman Howard Stringer has said the company’s top management priority is to restore profitability in our television and game businesses.”
Stringer made the comment at Sony’s annual shareholder meeting in Tokyo yesterday.
Last month, Sony predicted its games division is set to its first annual profit in three years after reducing the cost of manufacturing PlayStation 3s.
According to Bloomberg, the PlayStation division lost $3.4 billion in the past two years under Stringer.
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![ENC x adidas [Industry news] Esports Foundation and adidas Announce Landmark Partnership to Outfit Every Team at the Inaugural Esports Nations Cup](https://mcvuk.com/wp-content/uploads/ENC-x-adidas-310x165.jpeg)
The Esports Foundation (EF) and adidas made sports history today, announcing a landmark partnership that will see the sportswear company outfit every national team at the inaugural Esports Nations Cup (ENC), the first nation-based esports event of its scale, set to debut November 2, 2026 in Riyadh, Saudi Arabia. The partnership directly supports the ongoing convergence of esports, culture, entertainment and sports, creating a defining moment for the esports industry and the global sport landscape.
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