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Text Chapter 369 The End of Sony (Part 2)

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    "Shocking news, Evan Wells, president of Naughty Dog Studios and Tim Moss, president of Santa Monica Studios, both under Sony Worldwide Studios, have recently resigned, bringing a total of more than 300 employees from the two studios to Shinhwa Group and formed  Shinhwa Group's tenth game studio, Stephen Game Studio, will create new games for the Xbox platform under Shinhwa Group. As for why Evan Wells and Tim Moss left Sony and merged Naughty Dog and Santa Monica  Most of the management employees of the studio were brought to Shinhwa Group. It is said that because Sony rejected their request for a 10% profit share, the two of them defected to China Shinhwa Group in anger. " Tim Moss and Evan Wells just broke up with China Shinhwa Group.  Not long after Shinhwa Group reached an agreement, even the nearly 300 former Naughty Dog and Santa Monica employees had not had time to sign contracts with Shinhwa Group one by one. The reporter of the Los Angeles Times got the news from nowhere.  , and was the first to disclose it.  As soon as this news came out, it caused an uproar in the gaming community and the Internet around the world. Many people couldn't believe how the presidents of Naughty Dog and Santa Monica, two of the world's top game studios, would change jobs at the drop of a hat.  They also took away most of the original employees of these two studios.  This is probably the craziest job-hopping in the world.  Not only did he change jobs, he also took away most of the people who were his boss. Now, Naughty Dog and Santa Monica Studios have gone from being the top game studios in the world to studios on the verge of bankruptcy.  China¡¯s online media reprinted the news as soon as possible. In less than a day, game players in China were talking about it.  Of course, Huaxia's domestic is happy about this matter. Many netizens also encouraged Li Haoyu to simply buy the entire Sony. Sony's products will be Huaxia domestic products in the future.  "Pu Daxi Ben, I will say that I am overjoyed when I see this news. Some people want to go abroad. Don't you see that foreigners are now coming to work in our Chinese companies." "It's really very satisfying."  "I am very much looking forward to what good games Stephen Game Studio can launch. In order to support domestic products, I bought an Xbox one after Shinhwa Group purchased the Xbox. But having said that, console games are good in terms of graphics and quality.  They are all first-class, especially when connected to a large-screen monitor. It¡¯s so cool. I found that I have fallen in love with console games.¡±  Damn it, Sony's products don't perform well and are too expensive. I think you are Apple. Damn it." "Now I only play games produced by Shinhwa Group. I found that there is no game produced by Shinhwa Group.  If the game is not fun, give full support to Shinhwa Group. It is best to become the world's number one game company, so that we Chinese people can play the game masterpieces as soon as possible, instead of waiting for people from other countries to get tired of playing them like before.  The public beta test has just started here in China. "The above mentioned it to my heart, and I will only donate to the Yuqing Charitable Foundation. I feel at ease when I donate to this foundation." "Upstairs 1, Shinhwa Group.  It is the most conscientious company in China, and such a company must be strongly supported. " A reporter from the American "Business Daily" is an old friend of Evan Wells. When he learned about this situation, he approached Evan Wells as soon as possible.  To conduct an exclusive interview, EvanWells also agreed to do so in a dignified manner.  In this exclusive interview, Evan Wells talked in detail about why he and Tim Moss chose to change jobs. If Sony had not rejected their reasonable request, they would not have chosen to jump to China Shinhwa Group at the same time. In addition, everyone who followed them to Shinhwa Group  It was their choice. They felt that working at China Shinhwa Group was more in line with their interests.  After "Business Daily" published this interview, it immediately caused an uproar in the world's gaming community. They really couldn't figure out why such a big Sony would reject the now mainstream 10% profit sharing plan for game production teams. Could it be that Sony's finances are already tight?  Is it to the point where wages can no longer be paid?  With this question in mind, "Business Daily" found a professional financial expert working on Wall Street. The expert took out Sony's financial statements for the third quarter of 2016 and pointed out that Sony had lost $1.6 billion in the third quarter of 2016. This was already  This is Sony's fourth consecutive quarter of losses. Since the last quarter of 2015, Sony has suffered consecutive losses. It spent a lot of money to withdraw from the personal computer business during the restructuring process in 2014.  In order to cope with the continuous losses, Sony has not paid bonuses to its executives for five consecutive years, and has also laid off nearly 5,000 people. This has also caused quite a lot of problems, and many executives have thereforeIt has been widely circulated, especially the news that Sony's executives have frequently resigned in the past two years, which means that Sony's top management has been in turmoil.  The news from the "Business Daily" is tantamount to adding a pinch of salt to Sony's wounds. Sony's finances were originally stretched. Now that the "Business Daily" disclosed this, Sony's stock price plummeted, from 16.85 per share.  The U.S. dollar dropped to 12.58 U.S. dollars per share in one day, and the market value suddenly shrank by nearly 5 billion U.S. dollars.  The decline in Sony's stock price has caused panic among many investors. They had always thought that Sony's restructuring plan would begin to take effect in this fiscal year. Due to consecutive years of losses, Sony has stepped up its restructuring efforts. Sony President Kazuo Hirai is leading the company to conduct a thorough overhaul.  The restructuring included the sale of Sony's headquarters building in Manhattan for US$1.1 billion to ensure asset liquidity, and the sale of the computer brand Vaio, but it still did not bring Sony back to life.  Hirai Kazuo is so depressed that he probably wants to strangle the reporter of the "Business Daily" to death.  In order to win attention, world-renowned newspapers such as "Wall Street Journal", "U.S. News", "USA Today", "Fortune" magazine, "The Times", "Guardian", etc. have reprinted the news of "Business Daily", they don't care  Will Sony suffer heavy losses as a result?  For a time, the world was talking about Sony's debt, and investors who had purchased Sony's stocks sold off these stocks. This caused Sony's stock price to plummet for the second time. Sony's market value shrank sharply again, and now it is less than 10 billion US dollars.  .  Major newspapers in the world have also sent reporters to Japan, hoping to interview Sony executives and get exclusive inside information. However, Sony refused to cooperate and warned Sony executives not to leak any information about Sony at will.  It¡¯s just that the pressure from public opinion is so great. The more Sony refuses to respond, the more others will think there is something fishy. If Sony doesn¡¯t respond positively, not only will its stock price jump for the third time, but major investors will also give up on Sony. In this way  Sony is really finished.  As a last resort, Hirai Kazuo finally agreed to hold a press conference to answer questions from major media.  In the press conference hall of Sony headquarters, Hirai Kazuo and several senior executives of the headquarters were sitting on the stage. Reporters sent by two to three hundred media in the audience were pressing the shutters frantically, and the flashes never stopped.  After the press conference officially began, countless reporters began to ask questions, making Kazuo Hirai and several Sony executives overwhelmed.  At this time, a reporter with an oriental face began to ask: "President Kazuo Hirai, I am a reporter from China's Guangming Daily. I would like to ask if the sharp decline in Sony's market value in the recent period has caused difficulties for Sony's current operations. In addition, it is facing  The stock price has fallen twice in a row. Does Sony have any countermeasures? "Sony did not expect that this reporter with an oriental face was from China. He was already very depressed. In addition, this Chinese reporter directly opened Sony's wounds.  His heart became even more irritable, and he said coldly: "No comment on this." The Chinese reporter did not intend to let Kazuo Hirai go, and continued to ask: "President Kazuo Hirai, we have already seen Sony's financial statements for this year.  I don¡¯t know if Sony¡¯s financial situation has improved in the past two months. ¡°This has completely made Kazuo Hirai angry to death. After two consecutive rounds of stock price jumps and investors selling off stocks, Sony has now.  The vitality has been severely damaged, the game department has been paralyzed, and the electronic products have been in a state of loss. Now they all rely on Sony Pictures and Sony Records to provide blood transfusions to the headquarters. Sony Pictures and Sony Records have imported most of their profits into the headquarters.  This has long aroused dissatisfaction among many people. Several powerful companies in the United States are eyeing Sony Pictures and Sony Records, hoping to take advantage of Sony's shrinking market value to acquire the world's largest film and television companies and record companies.  Sony, a giant multinational company that has been established for more than 60 years, has fallen into turmoil. Many people want to take this opportunity to take a bite out of Sony. How could Hirai not be angry when he heard the continuous questioning from Chinese reporters.  "Although Sony has encountered some difficulties, I believe it will soon overcome this difficulty and rise again to become one of the most successful companies in the world." Hirai Kazuo said forcefully.  A reporter once again added salt to Kazuo Hirai's wounds: "President Kazuo Hirai, it seems that it is difficult for Sony to hear this difficult situation. Sony's market value has shrunk by half, and there is no sign of rebound. What will you do?"  Get through it." Kazuo Hirai snorted, stood up, and turned away, without even looking at the many reporters with dull faces in the audience.
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