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Sony Warns It Will Take $1 Billion Writedown, Blames Slowing DVD Sales (reuters.com)
Sony has warned investors that it will take roughly $978m writedown on its film business, blaming a goodwill impairment charge that dates back to an acquisition of a Hollywood studio almost three decades ago. From a report on Reuters: The impairment charge came as Sony cut its outlook for profits from DVD, blu-ray discs and other home entertainment operations in line with a broader market decline, the company said in statement on Monday. Sony has been working to revive its movie business. In November, the Japanese conglomerate's chief financial officer, Kenichiro Yoshida, said a turnaround was "progressing, but it takes time for the benefit to be realized."
Won't be long until we'll be building all of those electronics in the USA again. Praise the Lord.
Though I'm not a big fan of having tall, gangly caucasians assembling high-tech electronics. Japanese people are short, so their eyes are closer to the electronics than other nationalities. This results in a superior product IMO
No idea. I've only heard about DVDA, and very few performers can do it...
How is your mom holding up?
I always thought a DVD was a legal way to watch FBI warnings and previews for other movies.