Class action lawsuits filed in New York against Sony and Universal

The suits seek damages for copyright infringement and declaratory relief
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Sony Music Powered Sony Corp To Record Q3, But Don’t Expect That To Happen In Q4

UPDATED: Global entertainment and electronics giant Sony reported a record $3.78B net profit in Q3. Sony’s film division grew and gaming struggled. The real star driving profits was music, but here were warning signs that Sony Music Entertainment is struggling, even as the overall music sector is soaring. Operating profits…

These might be the 5 most powerful people in the music business – despite none of them working in the music business

Who are the bosses of the music industry’s bosses?
The post These might be the 5 most powerful people in the music business – despite none of them working in the music business appeared first on Music Business Worldwide.

Sony Music Severs Ties With R. Kelly, But Continues To Profit From His Recordings

R. Kelly and Sony have parted ways, according to multiple sources who characterized the split as everything from mutually agreeable to the controversial rapper being shown the door. The split finally comes after months of pressure over the rapper’s alleged predatory behavior. and sexual abuse of women, including several minors….

WED. BRIEF: Sony Embraces Reality 360 Audio • SiriusXM Passes 34M • Pitchfork Founder Exits • More

WEDNESDAY 1.9.19
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Rob Stringer: Sony Music is ‘rolling out titles across our vast catalog’ for 360 Reality Audio experience

The 360 Reality Audio content is planned to be provided via Deezer, nugs.net, Qobuz and TIDAL
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Sony Adds New Streaming Music Format ‘360 Reality Audio’

Sony has announced a new music format called “360 Reality Audio” that gives listeners the feeling of being immersed in sound from all directions. It is delivered by Sony’s object-based spatial audio technology and makes it possible for artists to create a 360-degree musical experience by mapping sound sources such…

Why has Sony Music just launched a streaming service (and Spotify rival) in Japan?

Streaming has overtaken downloads in revenue terms for first time this year in the market
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SoundCloud Names Lisa Ellis To Head Music, Artist Relations

SoundCloud has hired former Sony Music exec Lisa Ellis to head Global Head of Music & Artist Relations. She will work alongside SoundCloud’s artist and label services team based in New York. Ellis joins SoundCloud from Provenance Ventures, a holding company for Provenance Media, where she will continue to serve…