Sony Music Entertainment In The News

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

Bell Partners was founded by veteran writer, producer and executive Hayden Bell

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'

The company has also hired Jack Brody, formerly of Snap, as its Chief Product Officer

Ken Robold also named President and Chief Operating Officer of Sony Music Nashville

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

Company says the move aims to highlight the country’s "dynamic and evolving" hip hop scene

The Toronto-headquartered company is looking to bolster its presence in the Latin music space