In this July 25, 2018, file photo, Sony CEO Kazuo Hirai, left, speaks with executives of the Japanese entertainment company Disney and Japanese broadcaster NHK as they walk through the lobby of the Tokyo Marriott Hotel in Tokyo, Japan.

The two companies announced Monday, Sept. 25, 2019 that they will combine their entertainment and sports businesses, known as SONIC, into one unit.

It will become the world’s largest entertainment company with global reach and reach across all media platforms.

(AP Photo/Joji Asahara, File) The Associated Press