With Kazuo Hirai Out, Sony’s Entertainment Strategy Loses Its Biggest Champion

Less than a month ago, Sony CEO Kazuo Hirai said he wanted to ensure his company was “in the driver’s seat,” one of the entertainment players able to buy, not be bought. He had once famously declared that there was no “For Sale” sign hanging on the water tower at the Sony Pictures Entertainment lot.On Friday, Hirai caught markets and Sony watchers by surprise with his decision to step down as CEO and into an advisory role as chairman beginning April 1. He will be replaced by Kenichiro Yoshida, currently Sony’s CFO and internal head of strategy.

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