{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Sony share price hit as major launch delayed until Spring' data-url='/boclips/videos/5c54c3cbd8eafeecae163f17' data-video-url='/boclips/videos/5c54c3cbd8eafeecae163f17' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nSony share price hit as major launch delayed until Spring\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Wide pan of Tokyo Game Show2. People playing video games3. Girls on stage4. Various of man playing driving computer game5. Wide of PlayStation 3 booth display6. Various of card game being played7. Wide of Sony Computer Entertainment...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Wide pan of Tokyo Game Show\u003cbr/\u003e2. People playing video games\u003cbr/\u003e3. Girls on stage\u003cbr/\u003e4. Various of man playing driving computer game\u003cbr/\u003e5. Wide of PlayStation 3 booth display\u003cbr/\u003e6. Various of card game being played\u003cbr/\u003e7. Wide of Sony Computer Entertainment new conference\u003cbr/\u003e8. SOUNDBITE: (Japanese) Kazuo Hirai, Chief Executive of Sony Computer Entertainment:\u003cbr/\u003e\"However, we regret to announce postponement of the launch, from later this year to next spring. We wanted to wait until we could offer what would be totally satisfying for consumers.\" \u003cbr/\u003e9. Various of people playing on Microsoft's Xbox360 \u003cbr/\u003e10. People playing Golf game on Nintendo Wii\u003cbr/\u003e11. Wide of photographers taking photograph of girls\u003cbr/\u003e12. Tilt-up of girls on stage\u003cbr/\u003eIn yet another embarrassing delay for Sony, the company is putting off the start of its \"Home\" virtual world services for the PlayStation 3, initially planned for later this year, until next spring.\u003cbr/\u003eThe announcement on Thursday came from Kazuo Hirai in his first major public appearance as the new chief executive of Sony Corporation's video game business, Sony Computer Entertainment.\u003cbr/\u003e\"We wanted to wait until we could offer what would be totally satisfying for consumers,\" Hirai said in a keynote speech at the Tokyo Game Show, an annual event where game machines and new software are shown.\u003cbr/\u003e\"Home\" is a real-time interactive online world much like Linden Lab's \"Second Life\" and other so-called \"metaverse,\" except it's designed for PlayStation 3, Sony's newest home console.\u003cbr/\u003eMillions of people now enter \"Second Life\" on personal computers, moving avatars, or computer graphics images of themselves, in a virtual universe.\u003cbr/\u003eMajor companies are also setting up shop in \"Second Life,\" and analysts see great potential for such virtual worlds as a communication tool and real-life business.\u003cbr/\u003eSony officials have shown the demonstration video of \"Home\" with much fanfare on various occasions, promising new kinds of businesses, such as advertising and electronic shopping, as well as games.\u003cbr/\u003eThe product's delay is the latest trouble Sony has had with the PlayStation3, whose European launch had to be postponed for several months due to production problems.\u003cbr/\u003eHirai, named in November as president, replacing Ken Kutaragi, the \"father of the PlayStation\", sounded apologetic in several places during his speech, acknowledging that the PlayStation 3 had failed to live up to the company's sales targets.\u003cbr/\u003eHe promised to listen more to complaints and suggestions from game software creators and game fans to improve the PlayStation 3 business.\u003cbr/\u003eDisappointed traders sent Sony's share price down 0.9 percent to 5,440 yen in Tokyo trading.\u003cbr/\u003eSony once dominated the gaming industry with PlayStation 2, predecessor for the PS3, but now faces intense competition from Microsoft Corporation, which has sold 11.6 (m) million Xbox 360 machines in the last two years, and from Nintendo Company's popular Wii, which has sold 9.3 million units since late last year.\u003cbr/\u003eHirai showed a new remote controller for the PlayStation 3, \"Dualshock 3,\" that will vibrate along with games such as the shock of impact of a sword hitting an object or a race car swerving. \u003cbr/\u003eOld games will require download upgrades.\u003cbr/\u003eHirai said the core strategy would be to position the PlayStation 3 as a game machine as well as a way to view next-generation Blu-ray disc video.\u003cbr/\u003eHirai, who formerly headed Sony Corporation's North American gaming business, has fuelled some expectations about a new strategy at the electronics maker.\u003cbr/\u003eThe departure of Kutaragi, an icon among gamers, marked the end of an era at Sony when it dominated the video game industry with its flagship PlayStation.\u003cbr/\u003eHirai became president in December, but became also chief executive in June. Kutaragi remains honorary chairman at Sony's gaming unit.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" 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id='concepts-heading'\u003eConcepts\u003c/h2\u003e\n\u003cdiv class='clearfix'\u003e\n\u003cdiv class='details-list concepts' data-identifier='Boclips::VideoDecorator' data-type='concepts'\u003evideo games, media, east asia, business, information technology, asia, japan\u003c/div\u003e\n\u003cdiv class='concepts-toggle-buttons' data-identifier='Boclips::VideoDecorator'\u003e\n\u003cbutton aria-expanded='false' class='more btn-link' type='button'\u003e\n\u003cspan\u003eShow More\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-down ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003cbutton aria-expanded='true' class='less btn-link' style='display: none;' type='button'\u003e\n\u003cspan\u003eShow Less\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-up ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='additional-tags-heading' class='rp-info-section'\u003e\n\u003ch2 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