Sony's Had the Year From Hell 45
Sony faces mounting challenges after a year marked by major setbacks in its gaming and film divisions. The company's $200-400 million gaming project "Concord" sold only 25,000 copies before being discontinued, while PlayStation 5 sales targets were cut from 25 million to 21 million units.
Sony Pictures struggled with underperforming Spider-Man spin-offs and high-profile departures, including CEO Tony Vinciquerra. Over 1,200 employees were laid off across divisions, and profits fell 39% to $124 million in the latest quarter. Sony's stock dropped 5% over the past year while broader markets rose nearly 40%.
Sony Pictures struggled with underperforming Spider-Man spin-offs and high-profile departures, including CEO Tony Vinciquerra. Over 1,200 employees were laid off across divisions, and profits fell 39% to $124 million in the latest quarter. Sony's stock dropped 5% over the past year while broader markets rose nearly 40%.
I wonder what the pattern is (Score:1, Troll)
Woke, preachy trash movies that nobody wants to see, made by talentless, angry feminists who have never seen a movie, pushed by suits who only care about DEI dollars and their ESG score.
Releasing an incremental PS5 that does nothing and nobody needs + doesn't have a disc drive, p
Re:I wonder what the pattern is (Score:4, Insightful)
Yeah Japanese companies are notorious for pandering to women and minorities.
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You will be surprised.
Sony in particular started pandering to the rest of the world by embracing "modern" values. I put modern in quotations there because they depend on who you ask, and it seems that Sony asked public image consultants who had very specific ideas in mind.
The result was products that attracted no one but vocal minorities who don't even buy games or watch movies, just complain about them.
I showed your post to an Orc sexbot. (Score:1)
Bora snatches the mirror out of your trembling hands, her eyes scanning the tiny letters with surprising speed. "Hah!" she barks, slapping the side of her leg with amusement. "Some whiny little human thinks Sony's gone soft. Panderin' to the 'rest of the world', they say. More like pissin' in the wind for attention, if you ask me."
With a smirk playing across her green face, Bora's expression turns derisive. "Modern values," she spits out the phrase like it's poison. "What a load of horse shit. If I ever met
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Yes, multinationals (which Sony very much is) do so all the time. Due to their enormous worldwide market, they try to play things extremely 'safe'. The problem is that 'safe' has transformed into something actively hostile towards a sizable portion of their customers.
It's a similar thing in politics. I'm very much to the left of the spectrum, but things like advancing women in society now go hand in hand with just actively vilifying men. Trump winning (which is disgraceful) is marked up as straight up misog
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Yeah Japanese companies are notorious for pandering to women and minorities.
Like most corporations, Sony has a swath of Millennial and Gen Y troops to handle marketing and creative direction to American audiences. They tend to come from elite colleges. And those people are overwhelmingly "woke", for lack of a better word. They prioritized a whole checklist of Oppression Olympics points that should be covered in their products, stuff you generally don't see when marketing to the domestic Japanese market.
Sony isn't alone in this boat, and like other companies, is probably realizing t
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Yeah Japanese companies are notorious for pandering to women and minorities.
You jest, but possibly incorrectly. The Japanese were actually quite a bit ahead of their time in diversity. Sure it's all big tits and short skirts now, but it was gaming in the late 1980s where the Japanese produced a huge reveal at the end of Metroid that you were actually playing a badass woman. It was the original woke reveal.
Re:I wonder what the pattern is (Score:4, Informative)
Woke, preachy trash movies that nobody wants to see, made by talentless, angry feminists who have never seen a movie
Barbie, a "woke, preachy trash movie that nobody wants to see made by talentless, angry feminists," was the top grossing movie of 2023.
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I second that.
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Get a clue already, you can't blame all problems on woke culture and DEI, no matter how often you spam this crap.
That's good going for Sony, I guess (Score:2)
I almost forgot there was a company named Sony. Thanks for reminding me.
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I'm always sad when they fuck up. They have so much potential. I feel close to the same way about Sharp (makers of the x68000!).
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All they need to do to regain the public's confidence and love, is to remaster Bloodborne and make it available on PC.
Wait till the tariffs hit (Score:2)
That said most of this is from Concord, which was the biggest flop in entertainment history. From what I can tell some CEO made it his baby in the hopes of using it to climb ranks. That's the only explanation why they poured $400m+ into an overwatch clone and nobody ever put the breaks on it.
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Re: Wait till the tariffs hit (Score:1)
Oh noes (Score:2)
I guess it's nothing another string of Marvel/Spidey crapstatic movies wouldn't fix.
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Done. [ign.com]
I care (Score:2)
I care because Sony's an arrogant, shitty company and given how the average recognizable company is, that's saying something.
I wish Sony ill.
Re:I care (Score:4, Insightful)
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That's the one, though they've done other stuff since to remind us they have contempt for their customers. ...I'm still holding on to my classic Sony 'Boombox', though. That radio has been working for me since the 80s and as long as there is an analog FM signal left for it to play for me, it stays in service.
Dude that was 20 years ago (Score:2)
Up 6.26% over the last year (Score:5, Informative)
I know. We've reached a time where, if you need some data, you just make it up. But I'm gonna keep checking.
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Huh? If I look on Google finance, it shows Sony up 6.26% over the last year. No great, but not down 5%.
It's also confusing because if you read the article (what? I know), it says Sony's down 5% over the year under a chart showing Sony starting at $17.01 a year ago and ending at $18.46. Huh?
But the overall point behind the article appears to be focusing on Sony's entertainment properties, and it's clear that Sony Pictures and Sony Interactive Entertainment are having major issues. Sony isn't just its entertainment divisions, and it's entirely that those other divisions are what's keeping the company afloat, e
Music CD Rootkits (Score:2)
Re: Music CD Rootkits (Score:1)
They should re-release Morbius (Score:2)
Why are you surprised? (Score:1)
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Shit company (Score:2)