Wednesday, September 18, 2019

REPORT: SONY’S STRINGER TO NAME NEW SECOND-IN-COMMAND

November 25, 2010 by · Leave a Comment 

Sony Corp. is planning to create a new office of the president, a position discontinued when Chairman and CEO Howard Stringer ousted the former president, Ryoji Chubachi in 2009, Bloomberg news reported today, citing people familiar with the matter. Chubachi had been considered part of the old guard at Sony, executives who, in particular, had […]

MGM — GOING OUT LIKE A LAMB?

October 8, 2010 by · Leave a Comment 

MGM would appear to be the latest media company to fall into bankruptcy after being sold to owners who paid too much for it in a leveraged buyout ($4.8 billion) and then discovered that they weren’t earning enough to pay interest on the debt. Published reports said today (Friday) that the studio is attempting to […]