Tuesday, December 30, 2014

SONY IS OWNED BY JAPAN? YES. THIS IS WHY THEY ARE SCARED OF NORTH KOREA. OTHERWISE WE AMERICANS ARE REALLY NOT SCARED OF IDOL THREATS.... DO NOT FORGET AMERICA HAS EITHER OUT SOURCED OR IN DEBT WITH OTHER COUNTRIES..
This is how I will start my short rant. My memory is always suspect, be I seem to remember the SONY COMPANY is owned my a Japanese company.
"Sony is a member of that "synergy" club too, but unlike the others never put theseparate pieces into a whole. As one TV pundit asked on Squawk Box this week, "When is thelast time you, or anyone, bought a Sony TV?"
We thought Sony would use its pieces to build an Internet powerhouse 12 years ago when broadband started. We now think it could do that with 4K, although that's going to be a much smaller market than the Net has become.
This week, a Wall Street type and hedge-fund billionaire named Daniel Loeb who runs Third Point said his firm is now Sony's third largest shareholder and wants Sony to sell off parts of itsSony Music and Sony Pictures businesses. He presented his proposal in an accommodating, non-confrontational manner but the impact on Sony's directors and executives can only have been shocking." [The Online Reporter,May 17,2013]
http://t.co/sQXPMCZgl7
I started this rant a couple of weeks ago. Since then there has been resent conversations about this being an "inside" job. North Korea does not have the power to run the machine that would do such a hack that is this far reaching. The professional hackers that work for the Feds says North Korea cannot do this. The talk today is it is coming from Sony pictures in the United States. My humble opinion is.....what for it...this is an attempt to put a stumble in the Media Streaming Business. The fact that one now can view the film on line and gross 2 million says a lot of how much we as consumers have shifted in how we view some movies. I would pay 3 to 5 dollars to stream from my home instead of burning gas then pay $5 matinee or $10 plus concessions snacks. The powers that be know this.
It will be interesting to follow this story and the outcome. To see how many big budget  movies releases go straight to online streaming and kill the box office ticket sales. I remember the 1980's when I didn't ever go to the movies until the Star Wars frenzy and then they killed Blockbuster's and all the video rental stores.

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