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BUSINESS
January 17, 2002 | A Times Staff Writer
Sony Corp. of America named Rob Wiesenthal as executive vice president and chief financial officer. He will remain executive vice president and chief strategy officer of Sony Broadband Entertainment. Before joining Sony last year, Wiesenthal was a managing director of Credit Suisse First Boston.
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BUSINESS
March 7, 2005 | Jon Healey, Times Staff Writer
Sony Corp. broke with convention and picked the Welsh-born head of its U.S. operations to replace Chairman and Chief Executive Nobuyuki Idei, marking the first time the Japanese electronics giant has named a foreigner to the top job. In a hastily called meeting early today in Tokyo, the board of directors elevated Sir Howard Stringer, 63, to chief executive of Sony Corp. of America and head of Sony's music and movie businesses.
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BUSINESS
December 9, 1995 | Times Staff and Wire Reports
Sony Chief Specifies Role for Sagansky: Sony President Nobuyuki Idei said in a memo that Jeffrey Sagansky will continue to coordinate, under Idei's direction, Sony Corp. of America's strategic efforts as well as oversee Sony Retail Entertainment, Sony New Technologies and the SW Networks, a syndicated radio network. The memo is the first word from Idei on the future role of Sagansky, a former senior CBS executive, after Sony's domestic chief, Michael P. Schulhof, was ousted this week.
BUSINESS
April 18, 2003 | Claudia Eller, Times Staff Writer
In an internal memo, Sony Corp. of America Chairman Howard Stringer told employees of the company's Culver City-based entertainment unit that a new operating committee had been formed to help manage the division's financial activities. The move followed Stringer's promotion two weeks ago to a position as corporate vice chairman, head of all Sony operations in the Americas region and head of the newly organized entertainment group.
BUSINESS
August 9, 1994 | From Bloomberg Business News
Two Turner Broadcasting System Inc. units agreed to a worldwide home movie and video distribution pact with two units of Sony Corp. of America. Castle Rock Entertainment and Turner Pictures Worldwide Distribution said they will distribute movies and other programming through Sony's Columbia TriStar Film Distributors International and Columbia TriStar Home Video. Terms of the agreement were not disclosed.
BUSINESS
September 8, 1995 | Times Staff and Wire Reports
Sony Halts Satellite TV Receiver Shipments: Sony Corp. of America halted shipments of its direct satellite TV receiver systems after receiving complaints that picture signals would sometimes contain a mysterious line or freeze momentarily. But Sony said that it would not stop retailers from selling devices already in stock or recall ones that have already been sold since they became available in June.
BUSINESS
October 15, 1992 | CARLA LAZZARESCHI
Another piece in Hughes Aircraft Co.'s bold plan to launch a 150-channel satellite TV service in 1994 is expected to fall into place today with the announcement that the Los Angeles aerospace company has signed a $50-million contract with Sony Corp. of America for broadcast equipment and services. Hughes' satellite project, which has received $500 million in backing from its corporate parent, General Motors Corp.
BUSINESS
March 7, 1990 | JOHN LIPPMAN
Michael P. Schulhof, vice chairman of Sony Corp. of America and the man who spearheaded Sony Corp.'s expansion into the U.S. entertainment business, is expected today to be named president of Sony USA Inc., the holding company for all of Sony's U.S. interests. He will relinquish his title at Sony Corp. of America but remain on the subsidiary's board of directors. Schulhof previously was deputy president of Sony USA.
BUSINESS
January 17, 2002 | A Times Staff Writer
Sony Corp. of America named Rob Wiesenthal as executive vice president and chief financial officer. He will remain executive vice president and chief strategy officer of Sony Broadband Entertainment. Before joining Sony last year, Wiesenthal was a managing director of Credit Suisse First Boston.
BUSINESS
August 10, 2001 | CLAUDIA ELLER, TIMES STAFF WRITER
Sony Pictures Entertainment Chairman John Calley, who at 71 was expected to retire at the end of this year, will instead remain head of the studio until early 2003. The contract extension from Calley's boss, Sony Corp. of America chief Howard Stringer--expected to be announced today--is a stop-gap measure that does little to alleviate uncertainty and instability at the studio caused by the nagging question of succession that has plagued Sony for more than a year.
BUSINESS
November 3, 2000 | CLAUDIA ELLER and SALLIE HOFMEISTER
In the New York/Hollywood media world, few executives are wittier or more charming than Howard--make that Sir Howard--Stringer, chairman of Sony Corp. of America. Three years into his stewardship, the affable, Oxford-educated Welshman is leaning heavily on his legendary personal skills as he struggles to turn the Japanese electronics and entertainment company from a perennial straggler into a media giant.
BUSINESS
December 23, 1999 | Bloomberg News
Columbia House, the music business jointly owned by Sony Corp. of America and Time Warner Inc., won European Union approval to buy a stake in CDNow Inc., an online seller of compact discs and videos. The European Commission, the EU's executive agency, said the combination won't threaten fair competition in European markets. Sony and Time Warner will each own 37% of the company and CDNow shareholders will own the remaining 26%. Columbia House, the largest music and video club in the U.S.
BUSINESS
August 4, 1999 | MICHAEL P. LUCAS, TIMES STAFF WRITER
Sony Corp. of America's Sony Development design center in Burbank had a lot of help from Hollywood in its first production: the $85-million Metreon entertainment-retail center in San Francisco, the first of several high-tech dine-and-play venues on the company's drawing board.
BUSINESS
January 30, 1999 | From Bloomberg News
Former Sony Corp. of America Chief Executive Michael Schulhof is being sued by World Online International of the Netherlands, an Internet service company he chaired until being fired Jan. 11. The lawsuit, filed Friday in Manhattan by World Online and its majority holders, claims that Schulhof and a company he controlled tried to steal business from World Online and that Schulhof used his World Online credit card to pay for a prostitute.
BUSINESS
April 18, 2003 | Claudia Eller, Times Staff Writer
In an internal memo, Sony Corp. of America Chairman Howard Stringer told employees of the company's Culver City-based entertainment unit that a new operating committee had been formed to help manage the division's financial activities. The move followed Stringer's promotion two weeks ago to a position as corporate vice chairman, head of all Sony operations in the Americas region and head of the newly organized entertainment group.
BUSINESS
January 25, 1997 | Times Staff and Wire Reports
Time Warner Inc., Sony Corp. of America, EMI Music Inc., Bertelsmann Inc. and PolyGram Holding Inc. must turn over documents about their foreign activities to investigators looking into possible price fixing for music video licenses, a federal judge ruled. The ruling, issued this week by U.S. District Judge Harold Greene in Washington, could jump-start a Justice Department antitrust investigation that has been on hold for more than two years.
BUSINESS
August 3, 1996 | KAREN KAPLAN, SPECIAL TO THE TIMES
In a development that could delay the introduction of a long-awaited consumer electronics technology, Philips Electronics and Sony Corp. on Friday broke ranks with a consortium of eight other electronics giants and announced they will begin licensing their patents for digital video disc systems on their own.
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