The Madison Avenue property went to the Chetrit Group for a reported $1.1 billion
U.S. Bankruptcy Judge awards the Rhode Island Economic Development Corp. and Bank of New York Mellon Trust the rights to the studio’s IP
In the wake of a ¥856 billion (approx. $10.75 billion) loss over the past four years, Sony Corp. is instituting pay cuts across many of its high ranking executive class, including CEO Kazuo Hirai. No exact reduction figures were announced. In a statement made to shareholders earlier today, Sony confirmed ¥799 million (approx. $10 million) […]
After a rumor of an Electronic Arts buyout by South Korean free-to-play publisher Nexon began circulating early this morning (via Bloomberg video report), shares in EA spiked $1.22 (8.1%). Coming up from a year-long low, Electronic Arts evened out at $16.23 after closing bell.