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Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication.
Sony has chosen long-serving finance head Hiroki Totoki as its subsequent chief government because the Japanese know-how big overhauls its management, putting in new heads of key divisions, together with its PlayStation enterprise.
Totoki will take over from Kenichiro Yoshida in April, in a well-flagged succession that has seen the brand new chief government assume a sequence of high-profile roles in recent times, together with chief working officer and chief monetary officer.
Yoshida, who has held the CEO publish since 2018, will stay as chair, Sony mentioned in an announcement on Wednesday.
The corporate has additionally appointed its first feminine chief monetary officer, with Lin Tao changing Totoki.
Sony additionally named Hideaki Nishino as the brand new head of its core video games enterprise, which incorporates its PlayStation operations, after the departure of Jim Ryan final yr.
Sony is in the course of a multibillion-dollar push into producing extra unique content material, as a part of a “creation shift” that it hopes will win it a higher share of the $3tn leisure business.
Underneath Yoshida, the group has spent $10bn over the previous six years to construct its huge portfolio of video games, movies and music — the three enterprise segments that account for 60 per cent of its annual income.
It has additionally scored some massive hits with titles reminiscent of The Final of Us, which was transformed from a PlayStation recreation right into a vastly widespread tv sequence, and Uncharted, one other online game adaptation for cinema.
It is a creating story
