Ken Kutaragi to retire from executive position at SCEI this June -- THE PLAYSTATION ERA OF DOMINANCE IS OVER!

http://www.forbes.com/feeds/ap/2007/...ap3658096.html

http://www.bloomberg.com/apps/news?p...hR8&refer=asia
http://www.reuters.com/article/techn...41576320070426
http://totalplaystation.com/ps3/news/7131

http://www.scei.co.jp/corporate/release/pdf/070426e.pdf


SCEI and Sony announce Executive Management Transition at Sony
Computer Entertainment Inc.

TOKYO, JAPAN, April 26, 2007 - Sony Computer Entertainment Inc. (SCEI)
and Sony Corporation (Sony) have jointly announced today that Ken
Kutaragi, Representative Director, Chairman and Group CEO, Sony
Computer Entertainment Inc., will retire from his executive position
at SCEI effective June 19, 2007, when SCEI's annual shareholders'
meeting will take place. Mr. Kutaragi will pass on the torch to the
next generation, stepping back from his executive management
responsibility of the company to serve as Honorary Chairman of SCEI.

With his deep and instinctive insight into future technology, Mr.
Kutaragi will also continue to support Sir Howard Stringer, Chairman
and CEO, Sony Corporation, as senior technology advisor.

Concurrently, Kazuo Hirai, currently President and Group COO, SCEI,
will be promoted to President and Group CEO, continuing his
responsibility as the leader of the PlayStation® business worldwide.

Mr. Kutaragi, well known as the "Father of PlayStation", invented and
launched the original PlayStation in 1994 and its successor,
PlayStation 2, in 2000. Since the introduction of PlayStation and
subsequently PlayStation 2, these platforms opened up a vast market of
computer entertainment. The two platforms combined now have an
installed base of more than 200 million units in homes around the
world, with more than 2 billion units of PlayStation and PlayStation 2
software titles shipped worldwide. The third generation of the
company's home computer entertainment system, PLAYSTATION®3, launched
in November 2006 in Japan and North America and in March 2007 in
Europe, will continue to revolutionize the computer entertainment
experience with its immense computational power connected to the
network.

After completing the launch of PLAYSTATION 3 worldwide, Mr. Kutaragi
has decided to pursue his dreams beyond PlayStation and to accelerate
his network vision.

"I am happy to graduate from Sony Computer Entertainment Inc. after
introducing four platforms to the PlayStation family," said Ken
Kutaragi, Chairman and Group CEO, Sony Computer Entertainment Inc. "It
has been an exciting experience to change the world of computer
entertainment by marrying cutting edge technologies with creative
minds from all over the world. I'm looking forward to building on this
vision in my next endeavors."

"Ken Kutaragi is a rare combination of a powerful visionary and
entrepreneur in one figure," said Howard Stringer, Chairman and CEO,
Sony Corporation. "Not only has he created a multi-billion dollar
business for the Sony Group, he has brought the industry into a new
dimension. Sony has benefited tremendously from his vision, his 2/2
creative genius, and from the very strong team he assembled and
nurtured. As Ken moves forward to pursue new opportunities, we will
encourage and support him. My support also goes to Kazuo Hirai, who is
a terrific executive with a proven track record with PlayStation
business in the US. I am confident that he will inspire and lead SCEI
to new heights."
__________________________________________________ __________________________


THAT IS JAPANESE FOR: "YOU'RE FIRED!"


the DISASTER that is PlayStation3 is the cause of it.

Pete T wrote:
> On Apr 26, 8:15 pm, AirRaid <AirRaid1...@gmail.com> wrote:
>> [PS3] will continue to revolutionize the computer entertainment
>> experience with its immense computational power connected to the
>> network.
>
> What's that supposed to mean? Who is paid to put all this waffle into
> press releases?

Nothing, PC's will overtake it etc within 3-6 months anyways. As soon
as DX10 games/entertainment apps come out, etc.

--
Skipai