A hedge fund manager whose company owns a notable 6.5% stake in Sony is pushing the company to spin off part of its entertainment operations and focus on its electronics division, according to the New York Times. The holding, made up of stock and derivatives, is valued at about $1.1 billion. Daniel Loeb leads the hedge fund Third Point and successfully spurred corporate changes at Yahoo.
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XYQ Artist Management will host Q It Up Live, a star-studded concert series at Jimmy Buffett’s Margaritaville in downtown Nashville. Concerts will be held once every other month through the end of the year. The series kicks off this Wednesday, May 15 at 7 p.m. CDT featuring Darryl Worley and supporting acts Danielle Peck, Sarah Darling, Mo Pitney and Friends of Lola. Adam Wurtzel from WSMV Channel 4 News’ More at Midday will host, and a silent auction and raffle will benefit the American Red Cross and local non-profit for the hearing impaired, Songs For Sound.
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