Sony tells Loeb key units stay with firm

Aug 6, 2013

Sony tells Loeb key units stay with firm

Sony rejects billionaire Daniel Loeb's call to sell a portion of its entertainment business, saying 100 percent ownership of the film and music units is crucial to the company's success.

Loeb presses Sony on IPO, blasts film flops

Jul 30, 2013

Loeb presses Sony on IPO, blasts film flops

Sony Corp. investor Daniel Loeb, pressing the case for an initial public offering of the company’s entertainment unit, has leveled new criticism at management of the company’s film and television studio. Sony Pictures Entertainment “is characterized by a complete lack of accountability and poor ...