Sony Pictures Sues Wanda for $49 Million Over Stymied ‘Octonauts' Deal [Yahoo! Finance]
Sony Group Corporation American Depositary Shares (SONY)
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Source: Yahoo! Finance
fought by each company's subsidiaries, Columbia Pictures Corporation Limited and Wanda Kids Cultural Development Co., Limited respectively. More from Variety Titan OS Announces Partnership With Sony Pictures Entertainment for the Launch of Sony One Channels: 'Big Step for Us' The Fixer: How Variety Vanguard Honoree Tony Vinciquerra Reimagined Sony Pictures Entertainment for the Streaming Era Sony Pictures Entertainment Sets CEO Shuffle: Tony Vinciquerra to Step Down, Ravi Ahuja Takes Reins in January The legal battle dates back to an agreement struck between Silvergate Group Holdings and Wanda Hong Kong in 2017. Sony bought Silvergate in 2019. The lawsuit alleges that another one of Wanda's subsidiaries, Wanda Hong Kong, agreed to buy a 51% stake in Silvergate-owned Vampire Squid Productions for $38,250,000 in 2017. Vampire Squid is a holding company for some of Silvergate's most successful properties including long-running animated series “Octonauts.” The agreement
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SONY
News
- Tom Hanks And Robin Wright's ‘Here' Gets Digital Streaming Date [Forbes]Forbes
- A decades-old cassette revealed an unreleased Luther Vandross cover of a Beatles classic [CNN]CNN
- KKR-Bain Brawl Worth $4 Billion Shows Japan Private Equity Boom [Yahoo! Finance Canada]Yahoo! Finance Canada
- Announcing the 2025 Shortlist for the Sony Women in Technology Award with Nature [Yahoo! Finance]Yahoo! Finance
- eSports Market to Be Worth $9.1 Billion by 2031--Exclusive Report by Meticulous Research® [Yahoo! Finance]Yahoo! Finance
SONY
Earnings
- 5/15/24 - Beat
SONY
Sec Filings
- 11/15/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/14/24 - Form 6-K
- SONY's page on the SEC website