Sony has further broken up its empire by spinning off the audio and video division. The new division will continue to produce consumer electronics, but it looks as though Sony is aiming to sell the division off in the very near future.
The same approach was taken to Sony’s PC division when it was spun off and eventually sold to Japan Industrial Partners in early 2014. In the case of VAIO, Sony held on to five percent of the wing. Also in early 2014 Sony spun off the TV manufacturing division from its core business which leaves it up to be purchased. Not only that, but the AV wing puts high quality goods, so it shouldn’t be long before it gets scooped up
It was in the spring of 2013 that an investor—Daniel Loeb of Third Point LLC—wanted Sony Entertainment to be spun off. Sony has expressed little to no interest towards selling off the movie and television division which has proven to be inconsistent.
It shouldn’t be a surprise that Sony is spinning off another wing given that PlayStation is currently the only consistent business within the company. .