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Monday, January 30, 2017

Sony takes $976 million charge on movie segment as DVD market shrinks

TOKYO (Reuters) - Sony Corp said it booked an impairment charge of 112.1 billion yen ($976 million) on the goodwill value of its movie segment in the quarter ended December, as online streaming services sapped demand for movie DVDs.


from Reuters: Technology News http://ift.tt/2kizDHY

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