Sony invests 100M in shared reality firm

Sony has invested $100 million into Cosm, a venue operator known for live sports presentations, acquiring about a 10% stake based on a $1 billion valuation. The company has opened multiple locations near major stadiums and is expanding into immersive experiences tied to popular films like "The Matrix" and "Harry Potter." Sony sees opportunities to collaborate across its entertainment, music, anime, and gaming divisions.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article