Sony Closer to Content/Gadget Vision with MGM Deal

Blue-Ray’s down our throat now…and we can’t do anything…

NYT: Executives close to Sony said that bolstering its position in the battle of DVD formats was one of several important factors in its decision to pursue MGM. Indeed, the management of Sony of America helped sell the idea of bidding for MGM to its Japanese parent in some early internal meetings by promoting “the Blu-ray angle,” the executives said.

BusinessWeek: “History will continue to prove that technology innovations, large-capacity data-storage mediums, and higher-speed distribution networks will only boost the value of Sony’s digital-content libraries,” [Sony America CEo Howard] Stringer said in another recent speech.