The company had only about a 20 percent share of the U.S. smartphone market in the first quarter of this year, a distant second to Research in Motion's 55 percent slice of the pie during the same period, according to IDC.
After a rather dismal period in the 1970s and '80s, Sony moved their motion picture operations to Culver City's former MGM studios in the early '90s, leading to a recently revitalized downtown area with upscale bars and quirky but user-friendly restaurants.
The Academy of Motion Picture Arts and Sciences said the move would "provide members and the public a longer period of time to see the nominated films".
What has been a sleepy period for earnings heats up this afternoon with three noteworthy tech reports: Tibco, Accenture and Research In Motion are all expected to report results.