Third Point CEO Daniel Loeb has sent a second letter to Sony CEO Kazuo Hirai, raising its stake in the electronics giant and reiterating a proposal to spinoff as much as 20% of the company’s…
The news that Sony is at least considering Third Point founder and CEO Daniel Loeb's proposal to partially spin off the company's entertainment assets seems to have unleashed a bevy of what-ifs.
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…
Hedge fund manager Daniel Loeb is calling on Sony Corp. to sell its entertainment division in an effort to boost the stock price of the struggling Japanese electronics giant. Loeb, an American…
Tinatin Gurchiani's accomplished first feature "The Machine Which Makes Everything Disappear" offers an impressionistic, somewhat poetical view of current life in her native former Soviet territory.
Relativity Media has closed a deal with "Snitch" helmer Ric Roman Waugh to direct and rewrite sci-fi thriller "Tipping Point."
Paramount Pictures has come on board to co-produce the MGM action movie "Hercules" starring Dwayne Johnson.
JERUSALEM -- Three Israeli film projects were awarded cash to move into production on Monday thanks to the 7th Pitch Point, an international co-production contest at the 29th Jerusalem Film Festival.