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Initially, Sony engineers resisted the power of the company's media divisions.
For many investors, those difficulties have obscured the relatively strong performance of the company's traditional media divisions.
Mr. Lewis said that advertising revenue improved in the newspaper, broadcast and digital media divisions of the company.
Another change involves the creation of the Havas Digital Group, an umbrella brand that, executives say, will operate across the Havas Creative and Havas Media divisions.
Meanwhile News Corp reported better-than-expected quarterly earnings, with increases in both revenue and operating income across all its big media divisions, even newspapers.
Most labels had "new media" divisions of one sort or another, but the predominant view was that the Internet had nothing to do with them.
Similar(41)
Claire heads up FremantleMedia's central new media division FMX.
Andrew Lack, who managed the media division for five years, will become chairman.
Mr Kuprianov says the media division needed a newspaper to complete its portfolio.
In 1994, it opened a media division that made consumer mapping and travel products.
Tribune has formed a Hispanic media division to look for other opportunities.
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