Sony Brings PlayStation and Network Services Under One Roof

Wibbitz Top Stories 2016-01-26

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Sony Corp. is sharpening its focus on streaming and online game services with a consolidation of its PlayStation hardware, software and network operations under one roof.
Sony Interactive Entertainment LLC will begin operations from April 1, based in San Mateo, California, the Tokyo-based parent said in a statement on Tuesday.
Andrew House, who has led Sony’s video game unit, will head the new company.
Chief Executive Officer Kazuo Hirai has said this fiscal year marks the beginning of an expansion phase after the maker of the PlayStation 4 cut thousands of jobs and shifted away from smartphones and TVs.
Hirai’s management plan, announced in February 2015, calls for games and services, image sensors, movies and streaming music to drive growth in the next three years.

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