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Sony to Shed its Stake in Elisabeth Murdoch’s Shine

Oct 9, 2009  •  Post A Comment

Sony Pictures Entertainment plans to sell off its stake in Shine, Elisabeth Murdoch’s drama and reality production company, reports The Hollywood Reporter.

Sony owns 21% of Shine, the fast-growing parent of Reveille and Kudos. In a statement, Shine said it had become too much of a competitor to Sony. JP Morgan will look at the sale options.

–Elizabeth Jensen

2 Comments

  1. Thank you for a great post

  2. We will be Cheese burger California king, anyone become Mc’Donalds: I will practice it my way — and you will probably end up being loving the idea;)

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