They should dump the "content" divisions..the movie studio and record company
So you are saying they should dump the high-margin division that thrives in the non-competitive, cartel-controlled market with imaginary losses (Hollywood accounting, anyone?)
They should do whatever it takes to return to being the world's best electronics company
...and go back to focusing on low-margin division where they would have to face real competition and where all expenses and losses are, in fact, real and not made up?
That sounds like an excellent plan.