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Sony Names Lynton as Chief Executive of U.S. Media Divisions

Sony Corp. named studio Chairman Michael Lynton as chief executive officer of the U.S. entertainment business, putting film, television and music under a single person to help unify the company’s content.

Kazuo Hirai, who on April 1 replaces Howard Stringer as Sony CEO, is consolidating oversight of units that produced more than 30 percent of Sony’s profit last year. Hirai, 51, has put himself in charge of the company’s unprofitable TV unit, staking his tenure on ending eight years of losses.