Daniel Loeb

Sony reaffirms plans to keep entertainment

Sony has reiterated its previously stated plans to keep its entertainment business as part of the wider corporation. Investors, notably the Third Point hedge fund boss Daniel Loeb, have put pressure on Sony to separate its consumer electronics and entertainment business, which includes Sony Pictures Television division. Company CEO Kazuo Hirai told investors at a […]

Sony goes on the offensive, shifts focus to TV

Sony reacted to calls to split its technology and entertainment operations yesterday with the company’s top executives emphatic that TV and movies are a core part of the business and critical to its wider success. Within the entertainment segment, the studio’s TV and movie bosses were clear that the emphasis will shift from features to […]