Sony Music Archives - Digital Music News

Sony Music's Q1 2019 — $1.02 Billion in Recorded Music Revenue and $348.5 Million in Operating Income

Streaming Saves: Sony Music’s Q1 Recorded Music Revenue Jumps 11.5% to $1.02 Billion

July 30, 2019

Sony Music Entertainment has published the earnings for its Q1 2019 fiscal year. Earlier this year, in its Q4 2018 (our calendar Q1 2019) report ending March 31st, 2019, Sony Music brought in ¥104.4 billion ... Read More...

Sony Music Inks Distribution Deal With Two Hip-Hop Indie Labels – Selfmade and Divine

Daniel Sanchez

May 28, 2019

Sony Music has just made a major deal in Germany. The major record label has signed a deal to distribute two hip-hop indie labels' respective catalogs. Selfmade Records and Division’s catalogs include nin... Read More...

Sony Music Unveils Joint Venture With Two Podcast Veterans

As Podcasting Explodes, Sony Music Unveils a Joint Venture With Two Podcasting Veterans

Daniel Sanchez

May 17, 2019

As the podcasting industry continues to explode, Sony Music now wants in. Sony Music Entertainment has just unveiled a new joint venture. Partnering with podcast developers Laura Mayer and Adam Davidson, ... Read More...

Universal Music Is Battling to Nullify the 35-Year Copyright Termination Right

Daniel Sanchez

May 7, 2019

Universal Music Group headquarters in Santa Monica, CA. Under the Copyright Act, authors have the option to terminate a grant following a 35-year wait, allowing them to claim ownership over their works. Univ... Read More...

Sony Music’s 2018 Sales Fall Flat as Revenue Drops Nearly 9% Over Last Year

Daniel Sanchez

April 26, 2019

Sony Music has published its full-year earnings report for its 2018 fiscal year. For the fiscal year ending March 31st, 2019, the company brought in ¥427 billion ($3.8 billion) in recorded music revenue. Th... Read More...

Five Artists File Two Class-Action Lawsuits Against Sony Music and UMG

Daniel Sanchez

February 6, 2019

Will Sony Music and Universal Music Group willingly return copyrights to artists? Two major labels have now come under fire in a New York courtroom. Five musicians have filed two separate class-action law... Read More...

Sony Music Brought in Over $2 Billion in Streaming Revenue in 2018

Daniel Sanchez

February 1, 2019

Streaming music continues to boost Sony Music’s bottom line. Sony has released its financials for its third fiscal quarter (FY Q3) of 2018, the three months ended December 31st, 2018. Breaking down its 20... Read More...

Sony Officially Acquired EMI Music Publishing. Officially.

Sony Has Officially Acquired EMI Music Publishing. Officially.

Daniel Sanchez

November 15, 2018

Officially, Sony has completed its acquisition of EMI Music Publishing. Unofficially, expect the Japanese conglomerate to dwarf the competition – including indies – in the music publishing space. You probab... Read More...

Sony’s Mixed Q2 2018 — Operating Income Down, Streaming Music Revenue Up

Daniel Sanchez

October 30, 2018

Sony Music had some great results (streaming revenue, licensing revenue), and some bad ones (operating income, downloads, and physical revenue). Sony has released its financial report for the second quarter ... Read More...

European Union Approves Sony's EMI Music Publishing Acquisition

European Commission Approves Sony’s EMI Music Publishing Acquisition — Without Conditions

Daniel Sanchez

October 26, 2018

Meet the world’s largest music publisher – Sony ATV/EMI Music Publishing. European Union regulators have approved Sony’s takeover of EMI Music Publishing. Several months ago, Sony revealed its intentions ... Read More...

BASCA Warns European Regulators to Shut Down ‘Major Superpower’ Sony

Daniel Sanchez

October 1, 2018

Will Sony become a ‘major superpower’ once its EMI Music Publishing deal finalizes? Over a week and a half ago, Sony officially filed for an approval with the European Union over its acquisition of EMI Music... Read More...

Tencent Music Has Reportedly Set the Date for its IPO Launch in the US

Tencent Music’s $30 Billion IPO Is Reportedly Arriving In a Matter of Weeks

Daniel Sanchez

August 27, 2018

Andy Ma, Vice President of Tencent Music Entertainment Expect Spotify to earn a massive windfall from Tencent Music’s upcoming IPO launch. According to a new report, Tencent Music has already set a date for ... Read More...

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