Well here is some late night news for you. Sony Computer Entertainment and Sony Network Entertainment are being fused together under a new company called Sony Interactive Entertainment LLC that will

 power the next 20 years of PlayStation innovation 

according to Shawn Layden, President and CEO, SCEA. More after the jump.

According to Layden:

We are announcing the formation of a new company called Sony Interactive Entertainment LLC (SIE) that will serve as the headquarters for everything PlayStation. This new company, headquartered out of the United States in San Mateo, California, joins the forces of both Sony Computer Entertainment Inc. and Sony Network Entertainment LLC, combining the strengths and talents of both companies.

The formation of SIE will create an even stronger PlayStation. That means an even bigger emphasis on developing pioneering platforms like PS4 and PlayStation VR, world-class games from our World Wide Studios development teams, and innovative network services such as PlayStation Vue.

It also means a renewed commitment to making PlayStation the best place to play.

Thank you for joining us on this important step in PlayStation history. And as always, we are deeply grateful for your continued support and feedback. We’re excited to undertake this next step in PlayStation history with you!

I’ll have more on this tomorrow.

Update: 

A follow up to this piece can be read here – Why the Future of PlayStation is in the US and Not Japan

Discuss:

What’s your take on this?

[Via PlayStation]