Sony Corp. President and Chief Executive Officer to be Kazuo Hirai, left, listens to current CEO Howard Stringer during a press conference in Tokyo Thursday, Feb. 2, 2012. Battered by weak TV sales, a strong yen and production disruptions from flooding in Thailand, the Japanese electronics and entertainment company on Thursday reported a net loss of 159 billion yen ($2.1 billion) for the October-December quarter and projected it would lose even more money for the full fiscal year than it had expected three months ago. Sony announced Wednesday that Hirai will replace Stringer as CEO and president effective April 1. (AP Photo/Junji Kurokawa)
Sony hacked, again
Michael Jackson‘s back catalogue has allegedly been stolen from Sony Music by hackers, it has emerged.
More than 50,000 music files, most of which were by the late pop legend, are said to have been illegally downloaded.
Jackson’s estate signed the biggest recording deal in history, worth $250m (£164m) with the company in 2010, giving it the rights to sell his whole back catalogue as well as previously unreleased tracks.
Full Story: Michael Jackson back catalogue allegedly stolen by hackers