For the first time in five years, the media and entertainment industry is expected to outperform the major stock market indices in 2013, according to a report from EY, formerly known as Ernst & Young. Unfortunately, the music industry was not responsible for this achievement, having turned in the lowest margin growth of all 10 media and entertainment sectors examined, worst even than the sector that includes newspapers.
Sonos lowers its prices. Online video company Magisto signs a promotional deal with Brad Paisley and looks to do more licensing deals. And San Francisco start-up WillCall lets buyers transfer their electronic ticket purchases to their friends.