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Industry Moves
Industry Moves: Sony Music’s Hesse, Sky’s Jonesco, Capgemini, RBI, O2

Nov 30, 2011 6:33 AM

—Bertelsmann: Sony (NYSE: SNE) Music’s global digital head Thomas Hesse is leaving to join Bertelsmann in February, tasked with its digital transformation, MusicWeek writes. Hesse previously led digital at SonyBMG.

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Posted In: Industry Moves, Industry Moves Roundup, Companies, News Corp., BSkyB, Reed Elsevier, Sony, SonyBMG

Sony’s Hesse More Positive on Spotify’s US Chances

Feb 24, 2010 10:38 PM

At the Digital Music Forum East in New York today, Thomas Hesse, President of Global Digital Bus., US Sales & Corp. Strategy at Sony (NYSE: SNE) Music Entertainment was the keynote interview, and he gave a lot of details on the company, state of the industry, and how he sees…

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Posted In: Entertainment, Music, Companies, Best Buy, Cablevision, Comcast, Disney, ABC, Playdom, Microsoft, MSN, NBC Universal, CNBC, Playboy, Sony, SonyBMG, Spotify, thomas hesse

Vevo Not Global Until 2010, Strains On First Day

Dec 9, 2009 2:21 PM

Music labels’ YouTube-powered music video site Vevo may have had a glitzy launch in New York on Tuesday - but on Wednesday many who hit the site for the first time found it crashing under traffic weight, and everyone outside the U.S. and Canada who hits Vevo.com is getting the…

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Posted In: Entertainment, Music, Companies, EMI, Google, YouTube, Sony, SonyBMG, Vivendi, Universal Music Group

Google’s Music Search Will Be Wrapped Up With MySpace Branding

Oct 28, 2009 6:30 PM

At the famed Capitol Records building in Hollywood, Google (NSDQ: GOOG) officially unveiled its OneBox music search service. First news tidbit to emerge is that MySpace will be the brand powering the streaming music, videos and track purchases—not new acquisition iLike, as was initially reported. Google’s Marissa Mayer demoed what…

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Posted In: Entertainment, Music, Companies, Google, News Corp., MySpace, Sony, SonyBMG, Vivendi, Universal Music Group, ilike, lala.com

Earnings
Earnings: Sony Down On Falling Gadget Sales, High Yen

Jul 30, 2009 6:12 AM

Sony (NYSE: SNE) has announced a loss for the third consecutive quarter, two months after posting its first full-year loss in 14 years. The troubled tech giant made a net loss of 37.1 billion yen ($386 million) for the three months to June 30, its Q109—compared to a 35 billion…

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Posted In: Gadgets, Money, Earnings, Companies, Sony, Sony Ericsson, SonyBMG, Countries, Asia, Japan

Play.com Steps Up Music Download Battle With 3 Million DRM-free Tracks From All Four Majors

Oct 10, 2008 5:13 AM

Play.com has signed up with all four major music labels to offer more than 3 million DRM-free tracks on its PlayDigital music download site, in a direct challenge to iTunes and Nokia’s (NYSE: NOK) Comes with Music. Consumers can now get tracks from Sony (NYSE: SNE) BMG, Warner (NYSE:WMG), Universal…

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Posted In: Entertainment, Music, Companies, EMI, Sony, SonyBMG, play.com

Bertelsmann Wants $1.5 Billion For Sony BMG Stake, Talks ‘Advanced’: Report

Jun 11, 2008 4:08 AM

Finally, some meat on the bone of the “Bertelsmann wants to quit music” story. An unnamed source tells FT Deutschland the German media group wants to sell its 50 percent stake in Sony (NYSE: SNE) BMG to its JV partner for $1.5 billion within four to six weeks. It may…

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Posted In: Entertainment, Music, Companies, Sony, SonyBMG, Countries, Europe, Germany, bertelsmann

SonyBMG Merger Likely To Win EC Approval Again - Report

Sep 10, 2007 12:04 PM

The European Commission is likely to give a final, final approval to the merger of Sony Music Entertainment and BMG Entertainment, which is on hiatus after a court last year overturned the 2004 deal on appeal from independent labels, FT.com reports. Anonymous sources told the paper competition regulators would clear…

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Posted In: Entertainment, Music, Legal, Regulatory, EC, Companies, Sony, SonyBMG, Countries, Europe

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