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Daniel Loeb

Sony's logo outside the company's headquarters in Tokyo. (AP Photo/Itsuo Inouye)

Sony rejects Loeb proposal for entertainment sale

  TOKYO (AP) — Sony’s board has unanimously rejected a U.S. hedge fund manager’s proposal that it sell part of its entertainment business, sending the Japanese company’s shares down more than 5 percent. In a […]

08/05/2013

Penske Media, owner of Deadline site, buys Variety

LOS ANGELES (AP) – Penske Media Corp., the owner of the snarky entertainment website Deadline, has purchased venerable show business publication Variety for $25 million. Reed Elsevier Group PLC announced its sale of the publication […]

10/09/2012

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