The head of hedge fund Third Point, who has been pushing for an IPO of the conglomerate's entertainment business, highlights that the film unit would not have profitable in the latest quarter without an asset sale. | Read More
Research from U.K. media regulator Ofcom shows local families are gathering around the TV more, but also "media meshing" while they watch, tweeting or engaging related content on smart phones and tablets. | Read More
The conglomerate, led by CEO Kaz Hirai, said lower theatrical revenue due to the Will Smith film's "underperformance" and fewer home entertainment releases was offset by a music catalog sale. | Read More
The company cited the success of "The Voice of Germany" and "The Voice Kids" as production arm Red Arrow contributed to the growth with improved financials. | Read More