Sony In The News

‘Super-Premium’ music subscription tiers coming in 2025, and 3 other things we learned from Universal Music’s Boyd Muir at the Morgan Stanley conference

UMG has 1,300 stores in its direct-to-consumer business, and the profit margins are huge

Sony Music settles Whitney Houston biopic lawsuit over alleged unpaid song licenses

Sony accused the film's producers of failing to pay sync licensing fees for 24 tracks used in 'Whitney Houston: I Wanna Dance With Somebody'

Universal Music Group’s stake in Spotify is now worth $3 billion. Is it time to sell?

With Spotify's share price at an all time high, UMG and Sony jointly own more than $5 billion in stock

Turntable Labs’ social music platform Hangout launches with Sony, Universal and Warner deals

Hangout launches with a catalog of over 100 million tracks

Darina Connolly appointed General Manager of Warner Music’s Rhino UK

Connolly was most recently Head of Music Partnerships at TikTok

Sony generated $2.55bn from recorded music and publishing in Q3, up 9.6% YoY

Company's global recorded music revenues were up over 10% YoY

Freddie Gibbs signs with AWAL, drops new album ‘You Only Die 1nce’

With the AWAL partnership, Gibbs will be able to retain ownership and control of his music

UMG sues Believe and TuneCore for $500 million, alleging ‘industrial-scale copyright infringement’

Lawsuit focuses on so-called 'manipulated' audio remixes of copyrighted tracks