Sony will spin off its audio and video business as it searches for profitablity

See the original posting on The Verge

When Kazuo Hirai took over as CEO of Sony back in 2012, he laid out a vision for the company that would reorganize its sprawling business into “One Sony.” But exactly one year ago this month, Hirai decided to spin off the company’s TV business and sell its Vaio personal computer unit. Today he continued breaking Sony apart, announcing that it would spin off its audio and video business into a wholly owned subsidiary.

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