Word: nobuyuki
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Eisner was already angry, having discovered that Ovitz had been secretly negotiating with Sony to take over its troubled entertainment operations. Those talks went off track because of Ovitz's extravagant demands, says an insider. Coincidentally, Sony boss Nobuyuki Idei was also in New York City, and thus his presence fanned the flames of speculation. Eisner arrived around 11 p.m., and was soon closeted with Ovitz. In a meeting that extended deep into the night, the two agreed to call it quits. "I can't imagine anybody having taken a greater fall in this industry," marveled a former entertainment-company...
...Rifkin hire would help him hold on to his own job. "Arnold was the horse that Levine was riding," says a source sympathetic to Rifkin. "Arnold got to the starting gate and found out his jockey was dead." Early Thursday morning, Rifkin attended a chilly meeting with Sony chief Nobuyuki Idei. After an hour punctuated with awkward silences, it was clear that Sony wouldn't make Rifkin's deal...
...NOBUYUKI IDEI Executive turmoil, box-office flops, poor profits; movie headaches won't let up for Sony prez...
...until last week, however, that Sony finally removed Schulhof, the architect of its Hollywood dreams and the only American ever to sit on its board. With Morita sidelined since his 1993 stroke and unable to protect him, and new president Nobuyuki Idei, 57, clearly ascendant, Schulhof, 53, resigned after conferring with Sony chairman Norio Ohga, his remaining Tokyo mentor. Ohga "felt he had no choice but to support Mr. Idei," Schulhof told Time in an interview. "Therefore I could not stay here...
Sony Corp. chose a 57-year-old dark horse with a strong reputation as a problem solver as its next president. Nobuyuki Idei, who leapfrogged over two management levels to the top spot, is passionately committed to the company's entertainment businesses, despite $3.2 billion in losses and write-offs at its Hollywood studio last year...