[Philip Lelyveld comment; Andrew House speaks Japanese fluently!]
Sony Interactive Entertainment combines hardware and software with PlayStation-branded services.
Sony just announced that it's spinning off PlayStation into its own separate company, dubbed Sony Interactive Entertainment LLC. It combines Sony Computer Entertainment (basically any and all PlayStation-related hardware and software) with Sony Network Entertainment (services like PlayStation Vue and the PlayStation Store) and will be led by Andrew House as president and global CEO. Head of Worldwide Studios, Shuhei Yoshida, retains his title, but will now report to Shawn Layden.