Sony 2000 Annual Report Download - page 12

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SONY CORPORATION ANNUAL REPORT 2000
10
Regarding the world of network businesses represented by the Internet, it can be said that the
network revolution started when existing businesses were challenged by new network businesses
in the mid-1990s. If this is considered to be the first phase, then the second phase of the network
revolution began when existing large corporations started to enter into network business areas
themselves. Now, at the dawn of the broadband network era, we are entering phase three, in
which we are seeing existing businesses and network businesses cooperating and merging to
create new business models.
LEVERAGING SONY’S STRENGTHS IN THE BROADBAND NETWORK ERA
Presently, music distribution services and e-commerce are readily available on the Internet.
However, in the broadband network era, reams of data, including images and music, will be
smoothly exchanged over high-capacity, high-speed commu-
nications infrastructures based on ADSL, cable, fiber optics,
digital broadcasting, and other technologies. The day may
not be far off when people can listen to a concert or watch a
movie on the Internet. Also on the horizon is personal
message
chief executive
officer
from the