SONY SAYS FOCUS IS ON CREATIVITY, WITH GAMES, MOVIES, MUSIC, SENSORS, IP, AND NOT GADGETS

Japanese electronics and entertainment company Sony says it's focusing on creativity in movies, animation and video games, rather than old-fashioned gadgetry.

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Its chief executive, Kenichiro Yoshida, outlined the company's strategy Thursday, saying Sony was helping creative professionals deliver what he called "kando," or a moving experience.

Yoshida did not speak about reports Tokyo-based Sony and Apollo Global Management are interested in buying Paramount Global.

Yoshida said the company is now emphasizing the creative process itself instead of prized products of the past like the Walkman portable music player and Trinitron color TVs. He said "synergies" are no longer between entertainment and electronics, but determined by intellectual property spanning animation, music, games and films.