The Indian Premier League on Friday announced it has reached a settlement with the National Broadcasters' Association (NBA), paving the way for the television channels to cover the cash-rich T20 league event.

Sony Pictures has offered a whopping USD 50 million to Michael Jackson's concert promoters AEG for the global distribution rights to a film that they are planning to make based on the singer's last rehearsal footage.

Thirty years ago Sony launched the Walkman, a gadget which revolutionised the way people around the world listened to music but has since been overtaken by an icon of the digital age -- the iPod.

London-based Sony Computer Entertainment Europe on Wednesday launched 'Hanuman-Boy Warrior', a new game with mythological content on PlayStation2.

Multi Screen Media, formerly Sony Entertainment Television, and World Sports Group have been signed as the official broadcast partners for the DLF Indian Premier League in a fresh nine-year deal running through to 2017 for a whopping Rs 8,200 crore.

The Bombay High Court on Monday refused to give any interim relief to Sony in its row with BCCI with regard to Indian Premier League's broadcasting rights, as it would affect rights of another broadcaster WSGM.

Consumer electronics major Sony India is targetting a 20 per cent growth in digital still camera market in the 2009 fiscal, Sony India General Manager (sales) Sunil Nayyar said.

The Japanese electronics giant announced that Ryoji Chubachi would step down and chairman Howard Stringer would serve in both posts as the firm seeks to achieve a recovery in its core electronics business.

Japanese electronic major Sony on Thursday said it expects to post a whopping operating loss of 260 billion yen (about 2.92 billion dollars) for the fiscal year 2009, primarily due to plunging sales and appreciating yen.

Japan's Toshiba expects to post nearly one billion dollars in total HD DVD losses in the current business year to the end of this month, a local business daily reported Thursday.