Sony to sell online gaming division to U.S. game company for $1 bil.

Economy Society

Sony Group Corp. said Tuesday an online gaming division under the wing of its U.S. unit Sony Pictures Entertainment Inc. will be sold to American mobile game company Scopely Inc. for $1 billion. Sony Pictures Entertainment decided to sell GSN Games Inc., known for its free-to-play mobile and online casino games, given that the gaming division was not expected to provide synergy effects to other Sony businesses, according to the Japanese electronics and entertainment giant. GSN Games is a part of U.S. cable television channel Game Show Network LLC, a wholly owned subsidiary of Sony Pictures Ent...

Kyodo News

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