Sony Consolidates Internet, Media Divisions

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Sony Corp., Tokyo, consolidated a number of its operations yesterday to ready itself for a major online push.

Sony will group three of its U.S. units under a new company, Sony Broadband Entertainment, scheduled to form in July. The new company will oversee U.S. operations of three of Sony's entertainment units -- Sony Pictures, Sony Music Entertainment and Sony Online Entertainment.

Sony is expected to expand its offerings of digital content through the Internet, broadband initiatives, and its and Web sites.

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