SONY MUSIC, SONY/ATV COULD BE UNDER PRESSURE AS SONY HIRES BAIN FOR $100M COST CUTS

Sony Entertainment has hired Bain & Company to look for at least $100 million in cost-savings, the New York Times reported. 
But early speculation about the move is that it will impact Sony Pictures more than Sony Music Entertainment or Sony/ATV Music Publishing, which fall under the Sony Entertainment umbrella.