Activist investor Daniel Loeb said in an investor letter that he has sold his shares in Sony, months after his push for a partial spinoff of its entertainment units and improvement in its bottom line led to thousands of layoffs at its entertainment, TV and PC units. Despite Sony’s continued challenges after the…

There’s less than meets the eye to a regulatory filing in Japan that seemed to show that hedge fund Third Point is no longer one of the top 10 investors in Sony. The filing, first reported by Reuters, appeared to indicate that fund manager Daniel Loeb is retreating after the company in August rebuffed his proposal urgi…

The movie, TV and music operation plans to tell investors on Thursday that it has hired Bain & Co to find ways to cut $100M, a sum that “would almost assuredly result in layoffs,” The New York Times <a…

The CEO of Third Point says that George Clooney was “a little hyperbolic” in August when the actor — in an interview with my colleague Mike Fleming Jr — defended Sony Entertainment execs from the hedge fund manager’s attacks. Daniel Loeb just told The New York Times’ DealBook's Opportunities for Tomorrow Conference…

The company is telling analysts and investors to hold November 21 for a “Sony Entertainment Investor Day” to be held at the Sony Pictures Entertainment lot in Culver City. No word on why — or who’ll be there. But this appears to be a follow up to a promise that CEO Kazuo Hirai made last month to Third Point CEO Daniel…

The hedge fund run by CEO Daniel Loeb has revealed a stake in Disney worth $115M, as disclosed in a filing on his holdings as of June 30. Third Point‘s stake amount to less than 1 percent of Disney, or 1.8M shares. This adds to Third Point’s Hollywood holdings in Sony and MGM. Related: <a title="Daniel Loeb In…

Related: Deadline’s 10 Best TV Stories Of The Week The fallout from the box office flop of The Lone Ranger continues for Disney with a big expected write down in the offering while stars Johnny Depp and Armie Hammer complain that it was the critics that killed the film…

In an interview with Deadline last Friday, George Clooney expressed ire for Third Point hedge fund chief Daniel Loeb‘s criticism of Sony Pictures management, claiming Loeb didn’t know the first thing about the movie business. I didn’t have room for it in the article–George covered a lot of ground–but Clooney even…

Nikki Finke who is on vacation will have a fuller Loeb vs Sony report soon. Apparently, The Most Hated Man In Hollywood just wasn’t comfortable being labeled “The Most Dangerous Man To Our Industry” by George Clooney for all the world to read (via Mike Fleming’s exclusive Deadline interview and carried by Yahoo this…

The actor spoke to CNBC as part of the run-up to the opening of Jobs, where he plays late Apple CEO Steve Jobs. Ashton Kutcher discussed his philosophy as an investor, with $100M in tech start-ups. But the interesting part comes about 4:20 in, where he says that neither hedge fund manager Dan Loeb, who has vigorously c…

UPDATE: The battling continues in this war of words. Daniel Loeb’s hedge fund Third Point tonight made clear it won’t stop destabilizing Sony and its entertainment division after the Japanese parent company rejected Daniel Loeb’s pressure to spinoff its showbiz unit. Third Point said it will "explore further options…

EXCLUSIVE: George Clooney, who yesterday sent his Smokehouse Pictures partner Grant Heslov to Hollywood to show Sony and Fox a first cut of their Oscar-season period film The Monuments Men, has spent most of his career navigating the challenge of making provocative movies at studios obsessed with tentpoles. While he's…