Tag: sony music
Streaming generated $1.3bn for major music labels in Q2 2017
The three major labels – Universal Music, Sony Music and Warner Music – saw their collective recorded-music revenue from streaming grow to just under $1.3bn in the second quarter of 2017. That represents 38.5% growth...
September 1, 2017
Goldman Sachs predicts $41bn recorded-music industry by 2030
At our NY:LON Connect conference in January this year, Dot Blockchain boss Benji Rogers caused a stir by making the confident prediction that “we’ll be at $100bn a year as an industry in two years” – albeit with the...
August 30, 2017
Carlos Vives surprises fans with new video… and phone calls
Colombian artist Carlos Vives has been giving fans a treat this month with a new music video, but also with surprise phone calls. Fans visiting his website were asked to enter their name and phone number, and were then...
August 7, 2017
Sony puts Pritam / Diplo track behind streaming paywalls
Spotify will soon be testing out making some albums only available for its paying subscribers for a week or two. But Sony Music is embarking on a separate experiment in India to see whether keeping individual tracks behind...
August 2, 2017
Sony Music growth fuelled by streams and physical sales
Sony Music reported strong financial results for the second quarter of 2017 – its fiscal Q1 – with revenues up 18.8% year-on-year to $1.52bn. The label’s operating profit jumped by 57.6% to $225.2m in the same period....
August 2, 2017
Believe Digital boss says Sony Music acquisition isn’t a done deal
This weekend’s report in the Nikkei Asian Review that Sony Music was on the verge of buying Believe Digital has sparked a response from the distributor’s CEO Denis Ladegaillerie. In what was flagged as an exclusive...
July 18, 2017
MelodyVR signs Sony Music deal; 2017 launch still possible
British virtual-reality startup MelodyVR has completed its set of major-label licensing deals, with Sony Music joining Warner Music and Universal Music on its partnerships slate. The deal brings MelodyVR a step closer...
July 17, 2017
Sony Music tipped for up-to-$444m acquisition of Believe Digital
Sony Music appears to be in pole position to acquire independent digital distributor Believe Digital. Japanese site Nikkei Asian Review reported over the weekend that the deal could be worth between $355m and $444m if...
July 17, 2017
How Metaverse and Sony Music created a ‘Pokémon Go for country music’
Augmented reality (AR) startup Metaverse has been blogging about its recent partnership with Sony Music to create “a game like Pokémon Go, but for country music”. This happened at the 2017 CMA Fest in Nashville, with...
June 28, 2017
Kasabian play Fantasy Football with Spotify stream counts
Kasabian love football: if you didn't already know the band were keen fans of Leicester City, their recent launch of a branded fashion line for the club made it clear. Now label Sony Music is getting all footbally with...
June 21, 2017
Messaging, bots and AI’s music evolution in 2017 (#midem)
Hundreds of thousands of music fans are already interacting with their favourite artists through bots on messaging apps like Facebook Messenger. So how might this trend develop in 2017 and beyond? A panel at Midem today...
June 8, 2017
Will music fans want to ‘stream the studio’ with hi-res audio? (#midem)
Major labels, a number of prominent artists, audio hardware firms and some streaming services are excited about the potential for ‘hi-res audio’. But will more than a niche of fans agree? A panel session during Midem...
June 6, 2017