Sony Music has announced two developments related to the digital music space. First, its Swedish office has created an app for streaming royalty management. Second, it is also currently seeking to hire a director of global playlisting strategy. Continue Reading
Sony Entertainment CEO Michael Lynton spoke at the Code/Media conference, sharing the major label perspective on streaming and where it’s headed. He endorsed the concept of windowing, where fans can pay more for quicker access to content. Continue Reading
Sony Music’s Q4 financial results broke out the numbers by format and revealed a big role for streaming. Digital secured a 43% portion of the company’s music income, with streaming at 24% outperforming download revenues at 19%. Continue Reading
Brief news items and worthy reads about the latest happenings from CES 2016. Sony debuts a turntable; New Google Cast partners; and new products from Pioneer. Continue Reading
Many video game consoles are offering apps from streaming services, and iHeartRadio is the latest to join the music options on Sony’s PlayStation hardware. The new native apps will give listeners access to their live radio, as well as custom and recommended stations. Continue Reading
Facebook has allegedly had early discussions about working with the major music labels. According to a report by The Verge, the social network has expressed an interest in getting involved with the music industry, but it is still unsure what form that interest might take. It has reportedly spoken with Sony Music Entertainment, Universal Music Group, and Warner Music Group. Continue Reading
Announced in January, launched in March, the alliance of Spotify and Sony PlayStation game consoles is due for an update. We got one today, with success metrics that show gaming as an important venue for streaming audio. Continue Reading
L.A. Reid may be making a bid for shares of Rhapsody. The chairman and CEO of Epic Records, a division of Sony Music Entertainment, is allegedly working with a private equity investment group to purchase a large share of the streaming platform. Continue Reading
Brief news items and worthy reads from around the web: YouTube’s Kyncl says all’s well with Music Key; who could Apple buy next?; Potential Sony class action following contract leak. Continue Reading
Yesterday, we briefly reported on the contract between Sony and Spotify that was leaked online earlier in the week. We learned today that the International Music Managers Forum used the contract lead as a catalyst for an open letter to the European Commission in an effort to demand more transparency in digital deals. Continue Reading
Brief news items and worthy reads from around the web: Sony/Spotify contract leaked (then removed); another songwriting exec critiques safe harbor laws. Continue Reading
Sony has launched its new music service for PlayStation video game consoles, completing a previously announced integration of Spotify into the gaming console. The so-called PlayStation Music platform is a close collaboration between Sony and Spotify. Continue Reading