Sony, Dentsu to launch joint broadband businesses

TOKYO, Japan - Sony Corp. Chairman and CEO Nobuyuki Idei, Intervision Inc. President Ikuya Tanaka and Dentsu Inc. President Yutaka Narita pose at a news conference in Tokyo on Jan. 30. Sony and Dentsu agreed to jointly engage in ''new communications businesses for the broadband network era,'' with Dentsu acquiring a 40% equity stake in Intervision Inc., a Sony subsidiary, on April 1. Intervision will be renamed upon Dentsu's capital participation.