Effective Friday, April 1, 2016, the new company Sony Interactive Entertainment joins the forces of PlayStation business units.
Sony Computer Entertainment (SCE) and Sony Network Entertainment International (SNEI) announced the formation of Sony Interactive Entertainment, a new company that joins the forces of all business units belonging to SCE and SNEI, including hardware, software, content and network services operations.
“By integrating the strengths of PlayStation’s hardware, software, content and network operations, SIE will become an even stronger entity, with a clear objective to further accelerate the growth of the PlayStation business,” said Andrew House, President and Global CEO of Sony Computer Entertainment Inc. and Group Executive in charge of Network Entertainment of Sony Corporation.
Sony Computer Entertainment, established in November 1993, first launched the original PlayStation system in Japan in December 1994, bringing a completely new market of entertainment through gaming.
Sony Network Entertainment International, established in April 2010, has been providing a portfolio of network services through the premium entertainment service brand, PlayStation Network. SNEI’s offerings include game-related services, such as PlayStation Store; PlayStation Plus, a membership service that provides exclusive gaming features and content; and PlayStation Now, a streaming game service that allows users to enjoy PlayStation3 games on various network-enabled devices. Other network services available on PSN include PlayStation Vue, a cloud-based TV service; PlayStation Video, a video-on-demand and transactional service that offers users a catalogue of movies and TV shows; and PlayStation Music, a music listening destination that offers Spotify’s music experience.
With all that going on, and market environments of hardware, software, content and network services evolving, SCE and SNEI have unified their strengths under one entity with a single focus. Through the formation of SIE, the companies combine resources across their hardware, software, content and fast-growing network businesses.
The Outline of Sony Interactive Entertainment
- Name: Sony Interactive Entertainment LLC
- Location: San Mateo, California, the United States
- Principal of Business: Research, development and sales of PlayStation(R) hardware, software, content and network services
- Capital: 2 million USD
- Date of Incorporation: Friday, April 1st of 2016
- Fiscal Year End: March 31st
Directors in Charge and Member of the Board:
- Andrew House, President and Global CEO
- Kazuo Miura, Deputy President
- John (Tsuyoshi) Kodera, Deputy President
- Kazuo Hirai
- Kenichiro Yoshida