June 13th, 2007
Las Vegas, Nevada
Sony CEO Howard Stringersells rights of the Playstation brand to the open market.
"Although Microsoft was looking intobuying the company, Microsoft agreed that thecompany was a failure and was not worth the investement. They later gave the bid to Karl Albrecht, the founder of Aldi Grocer Inc. Karl believes there is still hope to the system and hopes that he can accomplish what Ken Kutakari couldn't.
www.gameinformer.com/News/Story/200789/N08.997.L95.88453.htm
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