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Wednesday, February 09, 2022 13:21:08 UTC

Disney's earnings today may recapture some momentum, with the stock down 30% from its all-time high of $202 a year ago. The Mouse is also now spending big on sports.

The rebound of post-pandemic traffic in its theme parks division has been gradual in recent quarters, while its reliance on streaming has witnessed a decrease in subscribers. The Mouse is still spending heavily on its content portfolio, particularly sports, with a budget of up to $33 billion set out for fiscal 2022.(More)

#dis #waltdisney #disney #disneyland #viacom #sports #earnings

Wednesday, January 05, 2022 14:22:48 UTC

In spring 2022 Sony will investigate entering the electric vehicle market, desiring a piece of the fast-growing green mobility market. Sony shares rose 4% in Tokyo morning trade.

Sony already has superior technology in sensors, as well as audio and entertainment systems, which are essential for autonomous driving.

The introduction of Sony Mobility follows the company's unveiling of a prototype sport utility vehicle (SUV) that is currently being tested on public roads.

The VISION-S 02 prototype is based on the same electric car chassis as the VISION-S 01 coupe, which began public road testing in Europe in December 2020.(More)

SONY ENTERING EV MARKET

Wednesday, January 05, 2022 14:22:48 UTC

In spring 2022 Sony will investigate entering the electric vehicle market, desiring a piece of the fast-growing green mobility market. Sony shares rose 4% in Tokyo morning trade.

Sony already has superior technology in sensors, as well as audio and entertainment systems, which are essential for autonomous driving.

The introduction of Sony Mobility follows the company's unveiling of a prototype sport utility vehicle (SUV) that is currently being tested on public roads.

The VISION-S 02 prototype is based on the same electric car chassis as the VISION-S 01 coupe, which began public road testing in Europe in December 2020.

#sony #tesla #disney #ev #electricvehicle #greenmobility #visions