1 day ago · In 1971, Masaru Ibuka handed the position of president over to his co-founder Akio Morita. Sony began a life insurance company in 1979, one of its many peripheral businesses. Amid a global recession in the early 1980s, electronics sales dropped and the company was forced to cut prices. Sony's profits fell sharply.
1 day ago · Sony Pictures Television Inc. (abbreviated as SPT) is an American television production and distribution studio founded in 2002 as the successor to Columbia TriStar Television, TriStar Television, Columbia Pictures Television, Screen Gems and Pioneer Telefilms.