Sony CFO Hiroki Totoki
discussed the company's streaming stratgy during a presentation on
Monday to the Morgan Stanley Tech, Media & Telecom Conference. Totoki is set to succeed current Sony Group President Kenichiro Yoshida on April 1.
- Totoki described himself as "obsessed with growth," calling it his #1 key metric, with "profit margin" coming in at #2.
- He
referred to Sony as "sub-scale" when compared to rival media companies
like Disney and Warner Bros. Discovery, but pointed to the advantages of
not owning and managing a costly streaming platform.
- Totoki
extolled the benefits of selling Sony content "to the highest bidder,"
while also collaborating or merging with local platforms, such as the Indian streamer Zee.
- From
stage, Totoki specifically highlighted a few upcoming Sony projects
based on PlayStation games, including HBO's adaptation of "The Last of
Us" and a theatrical film based on the racing title "Gran Turismo."
- Yoshida will remain on as CEO and chairman of Sony Corp. after the 1st.
