• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Report: Sony Brings in Experts to Consider PlayStation Division Spin-Off

May 31, 2013 by Stephen Daly

Citigroup and Morgan Stanley hired to consider breaking up Sony.

Sony is actively considering splitting its electronics and entertainment divisions according to reports by Bloomberg which will see Sony's various media groups, including PlayStation, become a seperate company from the TV and camera making electronics division. 

The firm is believed to be in the process of Citigroup and Morgan Stanley to consider the options for the split and how it might come about.

Daniel Loeb, one of Sony's biggest investors, called for the split two weeks in discussions with the company's CEO, Kaz Hirai. Loeb believes that the true worth of the two branches of Sony would be more clearly apparent should they separate. Last Tuesday the move was first raised at board level Japan's Nikkei newspaper reported leading to a 9% surge in the company's share price.  

The spike was initally believed to be a result of Microsoft's unveiling of the Xbox One as the two events coincided but the board level discussions later emerged. 

While the PlayStation branch is under the purview of the entertainment branch it's likely that the entertainment division has contributed to the creation of PlayStation consoles, including PS4, and a split may affect future systems. It's also unclear whether Hirai would take responsibility for the new entertainment group in the event of a split; given his time at Sony Computer Entertainment it seems likely. 

It's possible that as a result of the separation the Sony name may not be carried forward by both divisions. 

Sony, Citigroup and Morgan Stanley all declined to comment on the report.

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

Top 10 NEW Games of June 2026

Top 10 NEW Games of June 2026

LEGO Batman: Legacy of The Dark Knight - Before You Buy

LEGO Batman: Legacy of The Dark Knight - Before You Buy

Assassin's Creed Black Flag DESPERATELY Wants You Back

Assassin's Creed Black Flag DESPERATELY Wants You Back

7/10 Games We PLAY MORE THAN 10s

7/10 Games We PLAY MORE THAN 10s

Subnautica 2: 10 Things The Game DOESN'T TELL YOU

Subnautica 2: 10 Things The Game DOESN'T TELL YOU

GTA6 TRAILER SOON? LEAKS & MORE

GTA6 TRAILER SOON? LEAKS & MORE

Forza Horizon 6 - Before You Buy

Forza Horizon 6 - Before You Buy

Subnautica 2 - Before You Buy

Subnautica 2 - Before You Buy

20 Legendary Games That PUSHED GRAPHICS TO THE LIMIT

20 Legendary Games That PUSHED GRAPHICS TO THE LIMIT

Category: Updates

Sidebar

Recent Posts

  • Tom Henderson: Ubisoft’s AI Project Was Used For Far Cry 7 Dev’t “And It Looks Like Shit”
  • Dataminers Find Nintendo Switch Account Manager In Genshin Impact
  • Rumor: Millie A Says “Maybe Don’t Miss” This Next State Of Play
  • Quantic Dream Claims Star Wars Eclipse Is Unaffected After Cancelling Spellcaster Chronicles
  • Rumor: Does This Mean Nintendo Will Keep Making Switch 1 Consoles In The Near Future?

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme