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Sony retains Blackstone

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Sony Corp. of Japan put investment bank the Blackstone Group on retainer, Sony said Thursday, formalizing a "long-standing relationship" in which Blackstone will "advise it on financial and strategic…

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Jackson in action

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The Rev. Jesse Jackson's civil rights group has purchased shares in five entertainment companies this week as part of a campaign against what he regards as substantial race and sex discrimination in…

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Video pirate gets 9 years

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Hoping to send a stern warning to homevideo pirates, a New Jersey judge has sentenced video distributor Morris Walker to nine years in state prison. The sentence follows Walker's recent conviction on…

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