Daniel Loeb Wants to Meet With George Clooney: 'We Both Want the Same Thing'
The activist investor says Clooney was "a little hyperbolic" when he criticized Loeb earlier this year and says he thinks the two would "agree more than we'd disagree" about Sony Entertainment.
Activist investor Daniel Loeb on Tuesday said he wants to sit down and talk with George Clooney about Sony Entertainment, which Loeb has publicly slammed.
Speaking at The New York Times' annual DealBook Conference, the founder of hedge fund Third Point responded to remarks Clooney made a few months ago that were critical of Loeb.
"That sounds a little hyperbolic," Loeb said after moderator Andrew Ross Sorkin read some of Clooney's comments. "Look, I get where George is coming from … actually I'd love to meet him sometime. We'd actually agree more than we'd disagree about the company. … I think we both want the same thing. We want less money spent on overhead and more money spent on making money."
He also insisted he wasn't "going after" Sony.
"I don't think of us as going against Sony," Loeb said, according to Business Insider. "I would think of our model as much more like a private equity investor. … We have a role. It's expressed as a shareholder, not as a director. So far, we've had a very good relationship with Sony."
Loeb also was also the subject of a recent Vanity Fair expose, in which it was revealed that he allegedly once hit a young Cuban kid with his car and was unable to leave the country. The piece also quotes competitors who describe him as "Napoleonic" and "Machiavellian."
"I haven't read it," Loeb insisted. When Sorkin questioned whether that was true, Loeb replied: "There have been a few snippets."