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Sony shareholders approve new management

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MUMBAI: Sony shareholders approved a new management setup at the Japanese electronics and entertainment company yesterday that will center power around Chief Executive Howard Stringer and a team of younger executives.


They approved 15 directors, including Welsh-born American Stringer, the first foreigner to head Sony, who is taking on an additional title of president as well as serving as chairman and chief executive.


Ryoji Chubachi, who has resigned as president, will remain a director. He will become vice chairman overseeing product quality and environment policies and take a more supportive role.


Another part of Sony‘s new management reshuffle, which has gained public attention recently, is the appointment of Masao Morita, the son of Sony co-founder Akio Morita, as the head of the company‘s music and movies operations in Japan.


Sony has been no exception among Japan‘s export-reliant manufacturers in racking up huge losses for the fiscal year that ended in March — its first annual net loss in 14 years and its first ever caused by red ink in its core electronics business.


Sony Corp. is expecting an even bigger loss for the fiscal year through March 2010, as it gets hammered by sliding global demand, a strong yen and declining gadget prices.


At an annual shareholders meeting in Tokyo, attended by more than 8,300 investors, Stringer sought to allay investor fears about the future of the company that makes the Walkman music player and PlayStation 3 game machines.


“Adam has proven himself to be a terrific executive with a track record of having shepherded some incredibly successful films,” Grey said. “We have worked closely with Adam over the last few years and look forward to expanding his duties.”


As the new president of the Paramount Film Group, Goodman will report to Grey, while Paramount vice chairman Rob Moore will continue to oversee Goodman on business affairs matters.


Goodman becomes the third executive to oversee all of Paramount‘s film production since Grey was installed as Paramount chairman in January, 2005.

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International

Russia-India cinematic spectacle Persimmon of My Love set for grand Moscow debut

Hindi cinema style musical revives Indo-Soviet cinema ties for today

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Russia-India cinematic

MUMBAI: A new chapter in cross-border storytelling is set to unfold as Persimmon of My Love gears up for its premiere in Moscow on 1 April 2026, marking the first large-scale cinematic collaboration between Russia and India in decades.

Positioned as a modern nod to the cultural exchange that once brought Indian classics to Soviet audiences, the film blends Hindi cinema flair with Russian storytelling, aiming to rekindle a long-standing cinematic friendship.

Directed by Marius Weisberg, the musical comedy follows two brothers navigating a lively world of music, family and romance. The lead roles are played by Demis Karibidis and Mikhail Galustyan, with Karibidis also contributing as a screenwriter.

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Shot entirely in India, the production leans heavily into Hindi cinema style spectacle. Filming took place across Mumbai studios and the cities of Udaipur and Jodhpur, whose architecture was used to create the fictional setting of Khurmada. A crew of over 350 worked on the project, with large-scale sequences featuring up to 1,000 extras.

The film also brings Indian creative talent into the mix. Dance sequences are choreographed by Jay Kumar, while music by Zurab Matua features songs in both Hindi and Russian, adding to its cross-cultural appeal.

Backed by TNT channel, MyWayStudio and the Russian Cinema Fund, the project reflects a broader push to strengthen cultural ties between the two countries.

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With its mix of colour, comedy and cross-border collaboration, Persimmon of My Love is not just a film release but a reminder that cinema, much like music, travels well across borders.

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