Sony Names New CEO to Steer Entertainment and Games Empire.

Sony Group Corp. has appointed Hiroki Totoki as the new CEO, signaling a focus on expanding the company's entertainment offerings. Totoki, along with outgoing CEO Kenichiro Yoshida, has been instrumental in steering Sony towards growing its entertainment reach, including potential acquisitions. The company's emphasis on content, spanning PlayStation games, anime, music, and movies, has led to increased revenue and profit, with operating profit growing 76% in the September quarter. The new management structure, effective April 1, aims to secure Sony's long-term growth, with Totoki expressing gratitude for the opportunity to lead the company. [Extracted from the article]