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Sony Group Corp. ADR Underperforms Wednesday When Compared To Competitors

Sony Group Corp. ADR fell 1.85% to $25.96 on Wednesday, underperforming compared to some competitors. This marks the ADR's third consecutive day of losses, closing 14.44% below its 52-week high. The NASDAQ Composite Index fell 1.81% and the Dow Jones Industrial Average fell 0.47%.

Dow Jones·
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SONY
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Dow Jones·
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Sony Music, world’s second-largest music company, to buy 49% stake in Vietnam’s Yeah1

Sony Music will acquire a 49% stake in Vietnam's Yeah1 Group to control its music publishing and artist management subsidiaries. The deal, signed by Sony Music Entertainment Hong Kong, allows Sony to manage 1Label and 1Talents. Yeah1 aims to reduce dependence on advertising by expanding into artist management. The investment provides financial backing for Yeah1's ecosystem, which includes over 240 channels and flagship reality shows. Yeah1 posted a significant profit increase in 2024, driven by advertising revenues.

vnexpress·
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vnexpress·
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Sony and Kakao Entertainment Partner to Bring 360 Reality Audio to MMA 2025

Sony Group Corporation and Kakao Entertainment have partnered to use Sony's 360 Reality Audio technology at the 17th Melon Music Awards (MMA 2025) in Seoul. This collaboration aims to enhance the global K-pop fan experience with a multidimensional audio performance via online streaming. The partnership will explore further content production opportunities using Sony’s innovative sound technology.

Reuters·
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Reuters·
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Sony’s XM5 over-ear headphones are cheaper than ever — and they come with free wireless earbuds

Sony's WH-1000XM5 noise-canceling headphones are now available at a reduced price of $248 on Amazon, down from the bundle price of $519.98. This deal includes a free pair of Sony WF-C700N earbuds, offering a total savings of nearly $272. The XM5 headphones feature excellent noise cancellation, enhanced voice call quality, and a comfortable design. The WF-C700N earbuds provide a secure fit and are water-resistant. This promotion presents a great opportunity for holiday gifting or personal use.

The Verge·
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The Verge·
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PlayStation’s Sucker Punch Productions Boss Brian Fleming to Exit, Jason Connell and Adrian Bentley Set as Successors at ‘Ghost of Yotei’ Studio

Brian Fleming, head of PlayStation's Sucker Punch Productions, is stepping down. Jason Connell and Adrian Bentley will succeed him as studio chiefs, effective January 1. Fleming's departure was announced by Sony Interactive Entertainment, highlighting his efforts to ensure a smooth transition. Connell and Bentley have been pivotal in shaping the studio's creative and technical direction, known for franchises like "Sly Cooper," "inFAMOUS," and "Ghost." Nate Fox will continue as Co-Creative Director.

Variety·
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Variety·
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