U.K. publisher Pearson has sold the Financial Times Group to Japan’s Nikkei Inc. for £844 million (approximately $1.3 billion) in cash. Pearson said on Thursday that it will now be completely focused…
Calling him an “activist” who “knows nothing about our business,” George Clooney had some harsh words for Sony investor Daniel Loeb. Loeb, who runs New York-based hedge fund Third Point Capital, has…
Sony Corp. headed back to black in the first quarter of the fiscal year, with $35.5 million in net profit, compared with a loss of $250 million. The movie segment was helped by disposal of the music…
Sony Corp. is leaning toward rejecting a proposal from investor Third Point Capital to spin off its entertainment assets, according to a report Wednesday in Nikkei. Sony’s board is meeting today in…
Variety's annual Power of Youth event is like the block party of your dreams, where everything is big and colorful and where adults enjoy themselves as much as the youngsters.
Hasbro will guarantee an additional $80 million in royalty payments to Walt Disney Co. to extend Marvel licensing pact for two years, to 2020, and also will pay Mouse House up to $225 million extra…
CBS starting Thursday is launching a TV ad campaign warning Time Warner Cable customers that the operator is “threatening to hold your favorite TV shows hostage and drop CBS,” after the two sides…
News Corp. completed the spinoff of its publishing assets Friday, setting the stage for both companies to prove themselves on the open market. Shares for both companies began early trading on June…
TOKYO — Sony prexy Kazuo Hirai told a presser Wednesday that the company's board will "thoroughly discuss" the proposal by Third Point investment fund manager and major Sony stockholder Daniel Loeb…
Shares in Sony Corp. jumped more than 9% in early Tokyo trading on Wednesday after a Japanese paper reported that the Sony board will consider a proposal from major shareholder Daniel Loeb’s Third…
Japanese ad shop Asatsu-DK (ADK) is partnering with the China Animation Group to enter Chinese market.
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