Sony In The News

News

Spotify to launch ‘Music Pro’ service with superfan perks like early-access tickets and AI remix tool… for up to $5.99 more per month (report)

Spotify's long-touted $18 per month superfan tier could be launched this year

Analysis News

From the ‘fair use’ win for Reuters to ByteDance building an AI music beast… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

Analysis News

Sony’s music rights business generated over $10bn for the first ever year in 2024; firm’s outgoing CEO, Kenichiro Yoshida, applauds EMI buy as best of his tenure

As MBW reported earlier today, Sony's global music rights operation generated USD $2.7 billion in calendar Q4 2024

Analysis News

Sony generated $2.70 billion from recorded music and publishing in calendar Q4, as ATEEZ topped firm’s global sales chart

Sony’s global music rights operation – across recorded music and music publishing – generated USD $2.70 billion in the three months to end of December 2024. That’s according to MBW’s calculations based on Sony Group Corp’s calendar Q4 2024 (fiscal Q3) results, as announced by the Japanese firm today (February 13). The $2.70 billion figure … Continued

News

Tiara Hargrave named General Manager at Influence Media’s frontline label SLANG

Hargrave previously served as Executive Vice President and General Manager at Sony Music-owned Alamo Records

News

UK court rejects Sony’s bid to throw out case over ownership of Jimi Hendrix’s music

The estates of Jimi Hendrix Experience bandmembers Noel Redding and Mitch Mitchell are suing for copyright infringement

News

Daniel Ek cashed out another $37.3m in Spotify shares as stock hit new high

Spotify’s stock surged to a new all-time high of $626 this week, boosting the company's market cap to $125.71 billion

News

FireAid concerts drew 50m viewers, raised $100m for wildfire relief efforts

The money will be used for immediate and long-term recovery needs as California picks up the pieces from the recent wildfires