Firm’s remaining bulk of shares are currently worth in the region of $862m
The post Confirmed: Sony cashed in 50% of its Spotify shares for $768m in Q1 this year appeared first on Music Business Worldwide.
Category archives: Sony Music
Sony Music revenues topped $1.9bn in the first half of 2018, up 11% year-on-year
Streaming revenues hit $944m in the six month period, up 39.1% on 2017
The post Sony Music revenues topped $1.9bn in the first half of 2018, up 11% year-on-year appeared first on Music Business Worldwide.
Latest Industry: Arista, Boston Symphony Orchestra, Jay-Z vs. Spotify, Elvis Costello, iHeartMedia, More…
Sony revives Arista. Sony Music Entertainment has relaunched Arista Records. Former Island President and CEO David Massey will lead the company. Based in New York, he’ll report directly to Sony Music CEO Rob Stringer. Sony Music and Massey have also…
Sony Music relaunches Arista as frontline label, headed up by David Massey
Massey also launches publishing and management JVs with Sony
The post Sony Music relaunches Arista as frontline label, headed up by David Massey appeared first on Music Business Worldwide.
Sony Music signs exclusive distribution deal with the Prince Estate
Deal covers 35 previously released album titles from the late star’s catalogue
The post Sony Music signs exclusive distribution deal with the Prince Estate appeared first on Music Business Worldwide.
Sony Music acquires stake in classical music promoter Raymond Gubbay
DEAG buy-back deal triggers Sony’s acquisition of shares
The post Sony Music acquires stake in classical music promoter Raymond Gubbay appeared first on Music Business Worldwide.
Sony Music isn’t Robin Hood – it’s being much smarter than that
Why Sony’s generosity is a strategic play in light of growing artist power
The post Sony Music isn’t Robin Hood – it’s being much smarter than that appeared first on Music Business Worldwide.
Revealed: How Sony’s $750m Spotify equity cash will be shared with artists and indie labels
Sony Music has set out exactly how it will share profits from its Spotify equity with artists and distributed labels – and it’s better news than some might have expected. MBW can reveal all of the details – obtained in the past few hours fr…
Columbia Records hires Shahendra Ohneswere as SVP, Content Development
Exec was previously Vice President, Creative Marketing at Roc Nation
The post Columbia Records hires Shahendra Ohneswere as SVP, Content Development appeared first on Music Business Worldwide.
Sony Music strikes global JV deal with ex-Empire exec Jonathan Master
‘Jonathan Master is a forward-thinking entrepreneur, talent developer and marketer with a strong vision for building artist careers’
The post Sony Music strikes global JV deal with ex-Empire exec Jonathan Master appeared first on Music Business Worldwi…