http://finance.yahoo.com/news/sony-buy-britains-csc-media-121741260.html
Sony to buy Britain's CSC media group in TV network push
By Sophie Knight
TOKYO (Reuters) - Sony Corp's movie and TV unit will snap up Britain's CSC media network, adding to a string of acquisitions by the Japanese company to shift its focus from movies to higher-margin television programming.
Sony Pictures Television, the company's TV programming and network unit, said on Thursday it would buy CSC for 107 million pounds, acquiring 16 channels available on cable and satellite to bring its total channels in Britain to 25.
Sony's chief executive Kazuo Hirai has pledged to strengthen its U.S.-based entertainment content business, a reliable profit driver for the Japanese firm along with its financial services, as he struggles to pull its electronics business into the black
Sony to buy Britain's CSC media group in TV network push
By Sophie Knight
TOKYO (Reuters) - Sony Corp's movie and TV unit will snap up Britain's CSC media network, adding to a string of acquisitions by the Japanese company to shift its focus from movies to higher-margin television programming.
Sony Pictures Television, the company's TV programming and network unit, said on Thursday it would buy CSC for 107 million pounds, acquiring 16 channels available on cable and satellite to bring its total channels in Britain to 25.
Sony's chief executive Kazuo Hirai has pledged to strengthen its U.S.-based entertainment content business, a reliable profit driver for the Japanese firm along with its financial services, as he struggles to pull its electronics business into the black
