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Source: http://www.evolvecommunity.org/?p=440

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Sony's Hirai to extend PlayStation strategy (Reuters)

TOKYO (Reuters) ? Incoming CEO Kazuo Hirai aims to re-shape Sony Corp by linking hardware and software through online networks -- a model he used at its PlayStation unit -- dismissing any suggestion the battered brand would revert to a gadget-centered strategy under his management.

In the meantime, he said, he would focus on paring costs at its TV unit and look to squeeze expenses elsewhere to return Sony to profit.

The Sony Computer Entertainment model "is a bigger concept we can grow into a bigger space," Hirai, 51, said in a group interview at the company's Tokyo headquarters. "Hardware drives software and software drives hardware," he added, referring to online sales of games and other content PlayStation owners.

Hirai oversaw the phenomenal rise of the PlayStation gaming system in the United States and since last March headed Sony's consumer products and services business.

He didn't say what changes the wider application of that strategy would have on Sony, which unlike its consumer electronics rivals such as Samsung Electronics and Apple Inc, owns significant content in movies, music and games software.

A more immediate task for Hirai, however, is to stem losses with cost savings that will add to cuts made by outgoing boss, Howard Stringer.

Hirai formally succeeds Stringer as CEO on April 1, with the once-stellar consumer electronics brand heading for what it warned last week would be a much bigger-than-expected $2.9 billion annual loss, its fourth in a row.

The surge of red ink has put Hirai under intense pressure from investors and ratings agencies to quickly staunch losses at the sprawling electronics group. Hirai pledged not to flinch from tough decisions to trim costs and renewed a promise to return the TV business to profit in two years.

"We have to make some hard decisions on where there are some redundancies and reduce the fixed costs in a variety of different areas," he said, pointing to sales units in Japan, Europe and the United States, supply chains and Tokyo headquarters functions as areas where cuts could be made.

Credit rating agency Standard and Poor's on Wednesday cut its long-term debt rating on Sony and warned it may drop it another notch within a year if Hirai fails to stem TV losses and deliver a significant boost to profitability. [ID:nL4E8D861P] Sony was also downgraded by Moody's last month.

BIG BLEED

The TV division has lost more than $11 billion over eight fiscal years. Together, Sony, Panasonic and Sharp expect to lose $17 billion this year alone, highlighting the savaging of Japan's electronics industry by foreign rivals led by Samsung, weak demand and a strong yen.

A goal for Sony to end that bleeding in two years was "tracking where we said it would be at the end of the year, or a little ahead of that," Hirai said.

Better products would, he said, add as much as 40 billion yen ($520 million) in profit, with cost improvements adding another 50 billion yen, as part of a strategy he described as "defense and offense."

As well as weak global TV demand, Sony has been hammered by last year's flooding in Thailand that ruptured supply chains, a big one-off charge for exiting a flat-panel joint venture with Samsung, and smart competition from Apple and Samsung that has squeezed market share in TVs, smartphones and other gadgets.

Hirai predicted that LCD technology would remain the main battlefield in TVs for at least three years, before next generation technology takes hold.

STRATEGY ROLE

Hirai has yet to reveal his management line-up, naming only Tadashi Saito, a former Sony chief financial officer at Sony Electronics in the United States, as the company's first chief strategy officer since 2005.

Saito will work with senior managers "to formulate strategies for group companies overall, as well as giving us a lot of input and advice on M&A activity," Hirai said.

Hiroshi Yoshioka, previously identified by Stringer as one of "Four Musketeers" who could succeed him, along with Hirai, will take Sony into the medical imaging business and head up the group's innovation center, "seeking out new business opportunities," Hirai said.

As of Thursday's close, Sony shares had gained 13 percent to a 14-week high of 1,544 yen since Hirai was named as the next CEO, outperforming a 2.1 percent gain on the benchmark Nikkei average.

The stock, which slumped more than 60 percent during Stringer's seven-year reign, was down 0.4 percent in early trading Friday.

A Sony veteran of 28 years, Hirai was credited with reviving the PlayStation gaming operations through aggressive cost-cutting, in competition with Nintendo's Wii and Microsoft's Xbox.

A year ago, Hirai, a fluent English speaker, was promoted to head the consumer products and services business, overseeing Sony's network operations. He was also at the forefront of efforts to counter hackers who accessed Sony customers' personal details.

He takes over after a period of cost-cutting by Stringer, a rare foreign CEO in Japan who sold off TV factories in Spain, Slovakia and Mexico and outsourced more than half of the group's production to outside companies, including Hon Hai Precision Industry, a Taiwanese contract electronics maker whose key customer is Apple.

($1 = 76.8950 Japanese yen)

(Editing by Jeremy Wagstaff)

This story update corrects the share movement since Hirai's appointment

Source: http://us.rd.yahoo.com/dailynews/rss/videogames/*http%3A//news.yahoo.com/s/nm/20120210/bs_nm/us_sony_hirai

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CMS ? A power tool to develop Dynamic and inventive Websites ...

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Source: http://ishopshredders.com/cms-a-power-tool-to-develop-dynamic-and-inventive-websites/638/

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A few useful tactics on the stock market binary options trading for all ...

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Source: http://www.jxlufeng.com/a-few-useful-tactics-on-the-stock-market-binary-options-trading-for-all-types-of-traders/

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Receiving a STD Check ? ArticlePlusX ? Dofollow Article Directory

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Source: http://www.articleplusx.com/2012/02/receiving-a-std-check/

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The Last Holiday: A Memoir

Music legend Gil Scott-Heron's poignant memoir.

Reviewed by Adam Bradley for The Barnes & Noble Review

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Gil Scott-Heron was not the Godfather of Rap. But when he passed away last year at the age of 62, nearly every obituary honored him as such. His posthumously published memoir,?The Last Holiday, unsurprisingly touts Scott-Heron's hip-hop connections as well, with back cover blurbs from Chuck D, Common, Eminem, and others. But never in the book's 321 pages does Scott-Heron mention the words?rap or hip-hop.

To term Scott-Heron's music as proto-rap is to misapprehend the nature of his broad influence upon the freewheeling space of American culture and the particularly liberated zone of African-American music. Scott-Heron was just as much an aggregator of influence as he was a purveyor of it. Seeing him in concert, one might hear the preacherly inflections of the Baptist pulpit, the stand-up insouciance of a young Bill Cosby, and the smoothed-out patter of a late-night radio DJ, all woven together.

Rap carries on only a part of Scott-Heron's legacy. "I've always looked at myself as a piano player from Tennessee; I play some piano and write some songs," Scott-Heron writes with characteristic humility and directness. Scott-Heron was a musical surrogate father of sorts: to hip-hop as well as to the spoken-word movement; to black rock, funk, and folk; and to a host of politically minded and soulful artists who, like the man himself, defy the tidy characterizations of genre.

On every page, "The Last Holiday" proves that to understand Gil Scott-Heron's life, you must embrace his music. His sound is polygeneric, mixing soul, blues, jazz, funk, folk, rock, and even a little reggae. "We are miscellaneous," Scott-Heron was fond of saying. On songs like "Is That Jazz?", he lampoons those frustrated by their inability to pigeonhole him. Though unclassifiable, his style was equally unmistakable: "a voice," Scott-Heron writes, "with a low end that rumbles along like a subway car with a flat wheel." What defined his aesthetic above all else was his refusal to admit barriers. A writer, a poet, a spoken-word performer, a lyricist, a musician, a singer ? Gil Scott-Heron demands to be seen as nothing less capacious than an artist. ?

For all of this, his body of work is often reduced to a single stance of protest and even a single song, the iconic "The Revolution Will Not Be Televised", which he first recorded at age 19. Even a cursory glance through his catalog, however, reveals that he and his composing partner, Brian Jackson, wrote songs about so much more than politics ? partying, loving, mourning, remembering. "I felt people who wrote about me and Brian should have looked at all that we did," Scott-Heron asserts. "It was pretty obvious that there was an entire Black experience and that it didn't relate only to protest. We dealt with all the streets that went through the Black community and not all of those streets were protesting."

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/nsHwXjpS8co/The-Last-Holiday-A-Memoir

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Bottom Line - Celeb real estate: Scarlett and Ryan list, Johnny ...

By Erika Riggs, Zillow

ScarJo's and Ryan Reynolds' former love nest for sale

Zillow

Scarlett Johannson and Ryan Reynolds' gorgeous former home.

When Scarlett Johannson and Ryan Reynolds announced their engagement in 2008, it seemed like an A-Lister match made in Hollywood heaven, akin to the beautiful pairing of Brad and Jennifer Aniston. Unfortunately, like Brad and Jen, the celebrity union didn't last and after three years of marriage, Scarlett and Ryan filed for divorce.

A little over six months after finalizing their divorce, the couple has cut another tie to their marriage and placed their Los Angeles home on the Los Feliz real estate market for $3.65 million

Named the "Wong House," Scarlett and Ryan's home is a classic mid-century modern home designed by Buff & Hensman in 1969. Perched on nearly half an acre, the glass-walled home features sprawling views of the city below. Typical of an outdoor California lifestyle, the home's enormous living areas open out to spacious decks, a salt-water pool, and grassy yard.

Tennessee home where Johnny Cash lived his final days for sale

Johnny Cash spent his final days at this ranch house.

One of the most famous homes in country music?? or any musical genre, given the reach of Johnny Cash's career ? was the home of Cash and his wife, June Carter Cash.

The property at 200 Claudill Drive in Hendersonville, Tenn. ? which figured in the award-winning Cash biopic, "Walk The Line"? ? was the Cash family's home for nearly all of their 35-year marriage. The massive, 13,880-square-foot home, runs along on Old Hickory Lake.

What is less known, however, is that Cash wound up living in the house he owned across the street at 185 Claudill Drive. The ranch home was built by the same architect, Braxton Dixon, and Cash had used it to house his own parents prior to their passing.

"He spent his last days there after it was harder for him to get around in a wheelchair in lake house,'' said Stan Peacock, whose father-in-law the ? a former Grand Ole Opry musician ? bought the house from the Cash family in 2004.

The ranch house, which was always referred to as "Mama Cash's house" because it was where Cash's mother lived, has been listed for sale on and off since 2009. It was last listed for $595,000. While it is not officially on the market right now, Peacock with Crye-Leike Realtors in Hendersonville said interested buyers could reach out to him.

In addition to being the place where Cash last stayed, the house at 185 Claudill Drive once housed some very unique Cash mementos, including the Gold Record for "I Walk The Line.''

Read more about Johnny Cash's house.

Tae Bo guru Billy Blanks sells Hidden Hills home for $7.3 million

Zillow

Billy Blanks' former home opens out to a large pool and landscaped yard.

Jazzercise, Yoga, Pilates and Zumba ? fitness crazes come and go, but none ruled the '90s more than Billy Blanks' Tae Bo home workout. Blanks' workout videos made him a household name and pop culture icon.

Blanks recently sold his home, which was listed on the Hidden Hills real estate market, pocketing close to $5.8 million in profit from the recent sale.

The home was initially listed with an asking price of $11.5 million back in October of 2008 after Blanks and his wife of 33 years divorced. Three years and several price cuts later, Blanks finally kicked free of his one-of-a -kind pad for $7.3 million.

Blanks' one-of-a-kind Mediterranean estate has more than enough room to work out in with over 16,000-square feet of living space, that includes 7 bedrooms and 12 bathrooms. True to many multimillion dollar estates, the home includes over-the-top amenities like an indoor basketball court, massive home theater, game and piano rooms. The master suite includes a stone bath, and private balcony with staircase to the pool, spa and grotto. Surprisingly, the listing doesn't include a home gym.

Read more about Billy Blanks' home

Related

Heartbreak home: Divorced celebs and their former love nests

The homes that inspire fashion week

Homes where famous American music was made

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Source: http://bottomline.msnbc.msn.com/_news/2012/02/05/10312609-celeb-real-estate-scarlett-and-ryan-list-johnny-cashs-final-home-for-sale-tae-bo-guru-billy-blanks-sells

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