Sony Music Entertainment In The News

Virtual reality music startup MelodyVR raises $30m, launches app

Funds to be used for global expansion

Sony has cashed in 50% of its Spotify shares, generating around $750m

Company's remaining 50% haul is worth over $800m at current stock price

More music is played on YouTube than on Spotify, Apple Music and every other audio streaming platform combined

Yet YouTube throws doubt on IFPI figure regarding total video service payout in 2017

Tencent Music takes first steps towards IPO – report

Investment banks reportedly invited to pitch for a role

Spotify backs Lanco, Jorja Smith, Karol G and Rex Orange County with second wave of RISE initiative

Streaming platform to highlight one of four emerging artists every two weeks

‘A golden age for music is dawning – with the old gatekeepers all but gone’

WIN chief Alison Wenham analyzes the music industry figures from the past two weeks

Can Sony break another major new British artist out of Europe?

After going platinum in France in Italy, will Tom Walker follow in the footsteps of George Ezra and Rag N Bone Man?

In Rob Stringer’s first year in charge, Sony Music revenues jumped 12% to top $4bn

Overall revenues surpassed $1bn in Q1 this year, with streaming up 40%