Sony's stock reaches 24-year peak as shift to entertainment overtakes consumer electronics focus.

Sony's stock hits a 24-year high as the company shifts focus from consumer electronics to entertainment. Missed opportunities in mobile phones led Sony to invest in streaming and acquire companies like Crunchyroll and Bungie. Now, its entertainment division, including music, movies, and games, makes up 60% of its revenue, up from half a decade ago, helping it compete with Netflix, Disney, and Amazon.

3 months ago
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