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...Beyoncé, who is signed with Universal’s rival Sony, seems to have benefited from the stand-off....
...Warner in 2021 agreed to buy hip-hop label 300 Entertainment for more than $400mn, as well as Russian indie label Zhara Music. Sony Music in 2021 paid $430mn to buy independent music company AWAL....
...“Streaming has really globalised the business — in the rest of Europe, going into Asia and into Africa, there’s so much happening in terms of culture, media, fashion, music, sports,” he said in an interview...
...Now, the Department of Justice is reportedly preparing to sue Ticketmaster’s parent company Live Nation Entertainment over anti-competitive practices....
...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....
..., movie and music divisions....
...“We are trying to expand our portfolio and create a system based on strong IPs like Universal Music, Warner Music and Sony to compete better on the global stage,” said Park....
...They were recruited in 2019 by Sony Music to provide spin-off songs to short stories posted on a social media site....
...“[Blavatnik] has a real love of the arts and the entertainment industry.”...
...On behalf of 17 music publishers including Sony Music Group and Universal Music Publishing Group, the National Music Publishers’ Association filed a suit in the federal district court of Nashville alleging...
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...The allure of the streaming entertainment era is the opportunity to consume shows and music à la carte. Media mergers and acquisitions should proceed similarly....
...Sony, which is now more famous for its entertainment business and PlayStation games than the Walkman portable music player, is ranked third while semiconductor equipment maker Tokyo Electron is fifth....
...We think of companies like Toyota, of course, in the auto sector, you think of SoftBank in tech and Sony obviously in entertainment....
...Jason Iley, chair and chief executive of Sony Music UK, pokes his head around the door to issue congratulations....
...In the past five years, Sony has gone on an acquisition spree to expand its entertainment assets, buying EMI Music Publishing for $2.3bn and spending $1.2bn to acquire AT&T’s anime streaming service Crunchyroll...
...Having been turned down for a box at the exclusive Academy of Music, assertive arriviste Bertha Russell (Carrie Coon) decides to lead a campaign to turn the upstart Met into the place to see and be seen....
...When he first showed off the iPhone, Jobs pitched it as the perfect device for three things: making phone calls, browsing the web and listening to music: an App Store did not figure in the equation....
...Two years ago Vivendi split its most valuable business, Universal Music Group, via a listing....
...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...
...Sony aims for high note on music business with Bruce Springsteen catalogue (Nikkei Asia) 10....
...A hit to sales in Sony’s gaming division, the largest contributor to group revenue, would offset gains in its music and films businesses. The profits outlook would weaken further....
...At present, however, Meta dominates the market for consumer VR headsets, with a 71.8 per cent share, followed by Sony with 8.8 per cent, and Valve with 2.9 per cent....
...Importantly, the live music renaissance will boost artists’ income just as other clouds gather....
...has a packed-out Prom under her belt, a forthcoming album on Sony Classical, and half a million followers on TikTok....
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