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 Send to email | Report: Sony BMG Planning To Double Restructuring Charges This Year in General |  By Silicon
el 15-May-2008 |
clive davis.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
 Yesterday we noted that Sony BMG plans on spending significant money on restructuring costs, but wouldn't spell out what they were planning. Today the NY Post offers a forecast:
While Sony didn't specify how big they'd be, sources familiar with
the situation said Sony BMG's restructuring charges are expected to
almost double this year to $140 million, up from $73 million last year.
Representatives for Sony and Sony BMG declined comment.
Those charges will closely mirror the amount of restructuring costs
Sony BMG incurred in fiscal 2006, but will come in below the $186
million in charges it recorded in 2005.
The post also quotes insiders at the JV who predict that will layoffs, but they won't be drastic, and that much of the restructuring will happen on the BMG side. Which makes us think that our gut instinct was correct: Clive Davis is going to get a very nice send-off.
See Also: Sony BMG: Mediocre Q4, Unpleasant Forecast
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 | Kotaku`s The Gamers Guide |  Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Fact-Checking Sony's E3 Presser [E308] | | Sony didn't have many stats to boast about this year. But read on to double-check the four claims made during Sony's E3 08 press conference. Claim 1: 1.8 million PS3s, 1.6 million PSPs and 1.5 million PS2s sold in the this year. Not sure. Annual U.S. s [..] Read complete article | | Published 15-Jul-2008 by Noah R in E308 E3 08 fact checking Original Playstation Ps2 PS3 Sony
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| Vodafone cries out on behalf of the poor (and themselves we think) |  In a scathing response to European Commissioner Viviane Reding’s report on the mobile industry in Europe, Vodafone claims 40M million users, most of them “poor” pay as you go customers, may have to cancel their mobile service if her proposed changes to call termination charges go into effect. Termination charges are the fees mobile operators [...]
[..] Read complete article | | Published 03-Sep-2008 by Kelly Hodgkins in Vodafonebankruptcycell termination chargeEUEuropean Commissionpay as you goViviane Reding
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| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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| Sony, Double Fusion sign in-game ad deal |  Filed under: Culture, Sony PlayStation 3, Business
Clearly Sony has warmed up to the idea of garnishing gameplay with advertising, as the company has inked a new deal with in-game ad firm Double Fusion to deliver [..] Read complete article | | Published 11-Jul-2008 by Jason Dobson in double-fusiondoublefusionin-game-adsin-game-advertisingsony
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
Joystiq Joystiq |
| Double Fine: Brutal Legend is 'fine,' weevils not |  Filed under: Sony PlayStation 3, Microsoft Xbox 360, Action, Adventure, Business
In a way only they could, the mad minds at Double Fine have confirmed that Brütal Legend is not dead. (Unlike the weevils Tim Schafe [..] Read complete article | | Published 30-Jul-2008 by Randy Nelson in activision-blizzardbreakingnewsbrutal-legenddouble-finesierratim-schaferweevils
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
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Filed under: Sony PlayStation 3, Sony PSP, Action, Adventure, Casual
In an interview with MCV, Sony Europe UK's product manager, Claire Backhouse, said the company is planning to release LocoRoco 2 for PSP " [..] 
