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Solange announces her own label, Saint Records
After switching from a major label to go independent, Solange Knowles is returning to a traditional label -- sorta. The singer-songwriter-model has announced that she is starting her own imprint called Saint Records. It will be distributed through Sony....
Tags: Google Inc., Kendrick Lamar, Music Industry, Music, Entertainment
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Will Smith Sets Sights on 'Wild Bunch' Reboot at Warner Bros. (Exclusive)
ReutersMay 14 (TheWrap.com) - Will Smith is in talks to star in and produce Warner Bros.' reboot of Sam Peckinpah's classic 1969 Western "The Wild Bunch," individuals familiar with the project have told TheWrap. Smith would produce through his Overbrook...Tags: The Karate Kid (movie, 2010), Mexico, Warner Bros. Entertainment, Inc., The Wild Bunch (movie), L.A. Confidential (movie)
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A Sony entertainment spinoff would provide opening for CBS
New York hedge fund manager Daniel Loeb wants Japanese electronics giant Sony Corp. to spin off its Culver City entertainment business. CBS Corp. might like that, too. Loeb, whose Third Point funds own more than $1 billion in Sony stock, sent a letter...Tags: Television Industry, Photography Supplies and Services, Bewitched (tv program), All in the Family (tv program) , NBC (tv network)
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Big Sony options action before Loeb stake raises eyebrows
Reuters* Sony option and share volume far above normal on Monday * Trades include June $19 call buy and June $16, $17 put sales By Doris Frankel May 14 (Reuters) - A surge in option market bets on Sony Corp just before a large hedge fund investor announced...Tags: U.S. Securities and Exchange Commission, Mutual Funds, Photography Supplies and Services, Photography and Video, Electronics
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Wall Street cierra al alza, acciones de bancos llevan a índices a nuevos máximos
ReutersNUEVA YORK (Reuters) - Las acciones de Estados Unidos treparon a nuevos máximos el martes, ya que inversores apostaron por papeles de compañías de gran capitalización por expectativas de que los estímulos de la Reserva Federal ayudarán a extender el...Tags: Stock Market, Nokia Corp., S&P 500, BB&T Corp., Nasdaq Composite
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Google inks music service deals with Sony, Universal -report
ReutersSAN FRANCISCO, May 14 (Reuters) - Google Inc has signed licensing deals with Universal Music Group and Sony Music Entertainment to launch a subscription music service that would compete with fast-growing start-up Spotify, according to a report on...Tags: Google Inc., Apple iTunes, Google Play, Bob Dylan, Music Industry
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ANALYSIS-For investor Loeb, Sony a likely winner even if spinoff fails
ReutersBy Svea Herbst-Bayliss May 14 (Reuters) - Billionaire investor Daniel Loeb likely faces an uphill battle to convince Sony Corp to embrace his proposal to spin off its entertainment arm, but he likely already holds a winning hand in his bet on the...Tags: Marissa Mayer, Stock Market, Activism, Mutual Funds, Google Inc.
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Nikkei set to break above 15,000; Sony likely to surge
ReutersTOKYO, May 15 (Reuters) - Japan's Nikkei share average is expected break above 15,000 and hit fresh 5-1/2 year highs on Wednesday, with Sony Corp likely to surge after a proposal from an activist fund to list its entertainment unit sent its U.S.-listed...Tags: China, Samsung Group, Foreign Exchange Market, Petroleum Industry, Apple iPhone
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Sony climbs 14 percent after U.S. fund proposes listing of entertainment unit
ReutersTOKYO (Reuters) - Shares of Sony Corp climbed 14 percent on Wednesday in Tokyo trade after hedge fund investor Daniel Loeb on Tuesday called on the electronics company to list its entertainment unit. Sony jumped 14 percent to 2,146 yen and was the...Tags: Mutual Funds, Entertainment
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Indonesia - Market factors to watch on May 15
ReutersJAKARTA, May 15 (Reuters) - Following is some company-related and market news that could have affect the local market. ----------------------MARKET SNAPSHOT @ 0027 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1650.34 1.01% 16.570 USD/...Tags: Stock Market, Economy, Business and Finance, Finance, Petroleum Industry, Nikkei
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Loeb's Third Point proposes IPO for Sony Entertainment
ReutersTOKYO, May 14 (Reuters) - New York-based hedge fund Third Point said it has proposed to Sony Corp's Chief Executive Kazuo Hirai that the Japanese electronics maker conduct an initial public offering for its entertainment division. Third Point, a $13...Tags: Mutual Funds, Entertainment, Financing and Stock Offerings
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Sony says entertainment businesses not for sale
ReutersTOKYO, May 14 (Reuters) - Sony Corp, responding to a shareholder's call for it to spin off its entertainment operations, said its entertainment businesses were important to its growth strategy and "are not for sale". The statement from a Sony spokesman...Tags: Business, Entertainment
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