Stringer: PlayStation profitability is key for Sony Corp.

MCV Staff 20th June 2008 Business News

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.

Tags

About MCV Staff

Check Also

dfgdgdg [Industry news] Fireshine Games Expands Its Successful Portfolio with the Acquisition of Danish Developer Fair Games and Their Multimillion-Selling Game Necesse

[Industry news] Fireshine Games Expands Its Successful Portfolio with the Acquisition of Danish Developer Fair Games and Their Multimillion-Selling Game Necesse

Fireshine Games announced today it has added Danish indie studio Fair Games and its survival-crafting title Necesse to its growing portfolio. With plans to add key long-tail support to the PC title and its millions of players, the label also confirms plans to develop Necesse for additional platforms. Necesse, originally launched in December 2019, has amassed approximately 2.5 million players and a Very Positive user rating of 93% on Steam 

© Copyright 2026, MCV. BizMedia