Friday, June 21, 2013

Sony says it needs more time to consider entertainment spinoff - latimes.com

Sony says it needs more time to consider entertainment spinoff - latimes.com: ""Many casual observers would be surprised to learn that while Sony is electronics, much of its current value is derived from a hidden gem — Sony's Entertainment division," Loeb said.

That unit, Sony Entertainment Inc., includes film and television studio Sony Pictures Entertainment, Sony/ATV Music Publishing and Sony Music Entertainment."
"Today, Entertainment is a sleeping giant, a multi-platform content business with a global footprint, encompassing leading film and television production, cable networks and music interests," Loeb wrote Monday.
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