Cool flat cap/hat from Sony.  
The top is embroidered with "SONY".  The back is embroidered with "MPEG IMX".
MPEG IMX is a 2000 development of the Digital Betacam format.

 The front has a sturdy snap to hold the top and brim together.   Unsnapped, it looks like a Super Mario Brothers hat.

Tag has "MADE IN USA" but does not say what it is made of.  Appears to be a wool cap/hat.