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...BMG is the world’s fourth-largest music label — but lags far behind the top three “majors”, Universal, Sony and Warner. The company earned revenues of €905mn in 2023, up 4.5 per cent year on year....
...Apollo is still studying the structure of its bid and whether it will involve Legendary Entertainment, the movie studio it bought a partial interest in early 2022....
...Eric Lempel, head of global business at Sony Interactive Entertainment, said that with supply issues “solved”, its latest console was now on track to outsell PlayStation 4, which was first released in 2013...
...Sony and Apollo Group have approached Paramount about their intent to make a $26bn cash offer for the entertainment company, just one day before an exclusivity window is set to expire for a competing bid...
...Sony and private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company, just one day before an exclusivity window is set to expire for a competing...
...Indian media company Zee’s share price fell 27 per cent on Tuesday after Sony called off a merger between the two groups, ending two years of talks aimed at creating a market-leading entertainment conglomerate...
...on entertainment....
...The battle for Paramount Global is entertainment worthy of Hollywood....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...The end of the exclusive window came just a day after Sony and private equity group Apollo submitted a $26bn offer for Paramount....
...Sony has sent a termination letter to Zee Entertainment, ending its merger agreement with the Indian media group two years after striking an ambitious deal to create a $10bn entertainment powerhouse in the...
...Sony and private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company....
...Challenged by shrinking CD sales and online piracy, Sony had merged with BMG Music, then owned by Germany’s Bertelsmann, in 2004, leaving the two management teams almost immediately in conflict....
...Sony has called off its merger with Zee Entertainment, ending its agreement with the Indian media group two years after striking an ambitious deal to create a $10bn entertainment powerhouse in the world’...
...Three directors also left Zee Entertainment last month. The Sony-Zee problems come as India’s competitive entertainment industry is in flux....
...Sony executives were optimistic that the deal between its Indian business and Zee would create a $10bn media powerhouse in one of the world’s most promising entertainment markets....
...As the Berlin-based music group BMG was bargaining over the terms of the sale of its record label to Sony 15 years ago, executives at the New York-headquartered entertainment giant could not understand why...
...The entertainment and technology conglomerate logged ¥200bn ($1.3bn) in net profits for the quarter....
...The major record labels — Universal, Sony and Warner — earn money by taking a cut of revenue from streams and album sales from a stable of thousands of musicians....
...Hardware sales are slowing, with Sony cutting its forecast for PlayStation 5 sales this week....
...Honda’s tie-up with Sony generated much excitement when it was announced, but it remains unclear how committed the entertainment group is....
...But with the world’s biggest population, a rapidly growing middle class and an insatiable appetite for entertainment, India to Sony is now worth much more....
...It will extend Sony’s footprint in one of the world’s fastest-growing entertainment markets and present a formidable challenge to Disney Star, India’s largest TV network with more than 60 television channels...
...About two decades ago, I had a sneak peek at the PlayStation 3 before it was released at the former Sony Computer Entertainment headquarters in Aoyama, Tokyo....
...Profits are weakening at the Japanese entertainment group. Meeting PlayStation targets for this year will be tough. Ryan will be hard to replace. He oversaw the launch of PlayStation 5....
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