Sony Music Entertainment

Slip.stream music library platform raises $7.5M Series financing; Sony Music involved

Posted on May 26, 2022 by Brad Hill

Music library platform Slip.stream, which contains over 100,000 tracks and sound effects, has obtained $7.5-million in Series A financing led by Sony Music Entertainment, Third Prime, and Lightshed Ventures. Slip.stream joins an industry segment of music libraries in an addressable market of 22-million YouTube creators and 30-million independent creators who need audio assets for their creations. Continue Reading →

Sony Music makes another podcast investment

Posted on December 13, 2019 by Anna Washenko

Sony Music Entertainment announced yet another partnership in the podcast space. The major label has invested in Neon Hum, a production house founded by Jonathan Hirsch. The amount of Sony’s investment was not disclosed. Continue Reading →

Sony raids Entercom, Pandora, Megaphone, and Stitcher for executive podcast team

Posted on December 5, 2019 by Anna Washenko

Sony has been making deals in the podcast space, and it has spent the past several months assembling a team to help drive those partnerships. A leaked internal memo introduced four executives for the Sony Music Entertainment offices in New York who will focus on the company’s efforts in podcasting. Continue Reading →

African music platform Boomplay lands licensing deal with Sony

Posted on November 19, 2019 by Anna Washenko

Sony has secured a licensing deal with Boomplay Music, a Chinese-owned music platform operating in Africa. This means that Boomplay now has agreements with all three of the major labels to bring their catalogs to its streaming and download platform. Continue Reading →

Sony partners with The Onion for daily news podcast spoof

Posted on November 5, 2019 by Anna Washenko

Sony Music Entertainment is entering another partnership for original podcast creation. The label has teamed with satirical news brand The Onion to make podcasts. The first show under this collaboration is called The Topical. Continue Reading →

Rhapsody and Sony Music Entertainment Japan launch high-res streaming service

Posted on October 25, 2019 by Anna Washenko

Rhapsody and Sony Music Entertainment Japan have officially launched their mora qualitas streaming service in Japan. The platform, initially unveiled in December 2018, offers high-resolution music from the Sony catalog, as well as libraries from other labels and distributors. Continue Reading →

Sony enters second podcast venture with Renay Richardson

Posted on October 24, 2019 by Anna Washenko

Sony Music Entertainment is launching a new podcast joint venture. The company is collaborating with UK-based podcast producer Renay Richardson for a business called Broccoli Content. Continue Reading →

Sony to add real-time royalties and cash out features to its artist portal

Posted on May 23, 2019 by Anna Washenko

Sony Music will roll out two new features for royalty payments on its artist portal this autumn. First is Real-Time Royalties, which will provide immediate updates about a performer’s global earnings and account balances. The second feature is Cash Out. Continue Reading →

Major label Sony Music steps into podcasting with new joint venture

Posted on May 17, 2019 by Anna Washenko

Sony Music Entertainment is making a new move into podcasting. The major label has entered a joint venture with two podcast veterans — Laura Mayer and Adam Davidson — to find and develop original programming and talent. The as-yet-unnamed company will create and distribute original podcasts. Continue Reading →

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Sony and Rhapsody launch a new hi-rez streaming service in Japan

Posted on December 10, 2018 by Anna Washenko

Sony Music Entertainment and Rhapsody International have partnered to launch a streaming service in Japan. The platform, called mora qualitas, will offer high-resolution lossless FLAC audio at CD quality. It is built on Rhapsody’s Powered By Napster platform. Continue Reading →

Sony shares quarterly results, confirms Spotify stock sale windfall

Posted on July 31, 2018 by Anna Washenko

Sony has released its latest quarterly earnings. In its fiscal Q1 (calendar Q2), Sony’s revenue from recorded music and music publishing reached 121.3 billion yen ($1.11 billion), with operating income of 32.1 billion yen ($294.3 million). Continue Reading →

Sony aims to pay artists/labels for Spotify stock sale by August

Posted on June 15, 2018 by RAIN News Staff

Sony has made yet another move toward transparency in how it is distributing the proceeds from its sale of Spotify stock. Sony Music Entertainment has informed indie labels by email that it intends to make payments to eligible artists and participants as soon as possible. There is one interesting and revealing point. Continue Reading →

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