Sony Music Entertainment is going shopping (again)! After gaining full-blown ownership over The Orchard and Sony/ATV Music Publishing, the Tokyo-based label is ready to drop some serious cash on Believe. With streaming exploding, what’s a major music label to do with all its cash? Thankfully for Sony Music Entertainment, there’s Believe Digital, which is rumored […]
The post Sony Music Made $677 Million In Profit Last Year. Now, They’re Spending $400 Million of That on Believe appeared first on Digital Music News.