CNET is reporting that according to their music industry sources, Sony has been having preliminary talks with some major recording companies about the possibility of providing downloadable music for the PSP through the PlayStation Network.

Howard Stringer has taken up the title of President to add to his already long list of titles, and under his reign Sony will be undergoing a major organizational change. The PlayStation group included.

Details after the link.

All eyes are on Sony as they prepare to announce their restructuring plans in the next few days. Word is that they'll be cutting out some products from their hardware lines. While SCEE's David Reeves is sure that the PlayStation Group is safe, the mood is definitely tense as the clock ticks down to Sony's announcement.

Sony's keynote at this year's Consumer Electronics Show at Las Vegas didn't have any big news about new software releases or hardware updates. Instead, it was filled with numbers. A lot of impressive numbers, at that.

The industry worried for Sony last week when they slashed their earnings forecast by 57%. Sony doesn't intend to let it drag them down though. Chairman Howard Stringer intends to get the company "back on target [for] 2010, which I intend to keep."

Business talk in the full article.

A lot of people have split opinions on the effectiveness of in-game advertising. However, Sony's chief executive Howard Stern expressed his doubts on the potential of that particular marketing trend. He wasn't alone in the idea either; other big names from major companies such as NBC Universal and Activision Blizzard voiced similar sentiments.

For more details, check out the full article after the jump!

Even after gaining a lot of headway in the recent holiday season, there are still some unanswered questions for Sony about bleaker issues like unemployment. The details in the full article.

The US economy has been on shaky ground lately, but Sony Corporation assures that the company's electronics line is unaffected. Chief Executive Howard Stringer cites Black Friday sales as a good indication of this, saying that PS3 and PSP sales were "very good." He's also optimistic for the arrival of PlayStation Home, which he sees as a key factor in the company's growth. Read more in the full article.

A quick search at the official website of U.S. Patent and Trademark Office will inform you about Sony Computer Entertainment's future plans for its consumers base. New patents found include those that refer to downloadable games over at the Playstation Network that will utilize the peripheral PlayStation Eye.

While we are still quite uncertain as to what exactly these are, some of their descriptions read "computer games apparatus adapted for use with an external display screen or monitor." The patents for the yet-to-be announced software include Ember, SkyBlue, Carriage Return, Race Day, and Strings Attached.

Quite interestingly, SCEJ also patented a new trademark known as the Broadcasting Engine. Reading its accompanying description, it seems that this particular engine is more for hardware rather than software. The patent mentioned that it will be dealing with cellular phones, video cameras, DVD players, and video game machines among others.

The description for the Broadcasting Engine further revealed that this product will be used for downloadable media. It should be remembered that Sony CEO Sir Howard Stringer mentioned before that they are currently devising a way that will allow all Sony products to interact with each other.

Keep checking back here at QJ.NET for the latest development on this matter!

In a recent article, the Wall Street Journal online reported that Sony might be quietly moving toward a video download service for its PlayStation 3 and PlayStation Portable platforms. Sony Chief Executive Howard Stringer is said to be behind the initiative that will compete with Apple's popular service.

The report says that those "familiar with the situation" claim that the plan involves the convergence of Sony's PS3, PSP, and Bravia high-definition TV technologies. Under the strategy, media can be downloaded and passed around via the remote viewing capabilities of the PS3 and the PSP, making material more available whether users are on the go or at home.

Movies and TV episodes are said to be in store for Sony product owners, but skeptics are already saying that Sony is entering an area which has promised more than it has delivered. Let's hope for the best if this venture ever comes to be.