Sony Corp.

  1. IMPALA Calls For European Commission To Intervene In EMI Sale

    November 09, 2011 6:00 PM EST IMPALA, the Brussels-based Independent Music Companies Association, has called on the European Commission to intervene on its behalf should Universal or Sony attempt to buy EMI. The news follows recent reports that Universal Music Group (UMG) has ...

  2. Is Renewed Interest In EMI Auction Real, or Just Smoke?

    November 08, 2011 8:04 PM EST A frenzy of news stories Tuesday would have you believe that the Citigroup run auction for EMI's recorded music operation is not only heating up, but could soon come to a head. Whether that's true or simply just smoke and mirrors remains ...

  3. Sony Headed for Fourth Straight Year in the Red, Reports $346 Mil. Quarterly Loss

    November 02, 2011 8:16 AM EDT TOKYO (AP) - Sony reported a 27 billion yen ($346 million) loss for the latest quarter and downgraded its annual earnings forecast Wednesday to stay in the red for the fourth year straight, battered by the strong yen and poor sales of flat panel T ...

  4. EMI: Access/Warner Pulls Out of Auction

    October 30, 2011 9:28 PM EDT In an apparent game of brinkmanship, Len Blavatnik's Access Industries has pulled out of the auction for EMI's recorded music operation, sources confirmed to Billboard.biz, even though the company was said to be the front-runner in the b ...

  5. EMI: With Bids Low, Company Considers Whether to Split Up or Postpone Sale

    October 17, 2011 4:05 PM EDT While Citigroup is keeping all five known EMI bidders on the hook, it isn't yet actually conducting a formal third round of bidding with a deadline, sources tell Billboard.biz. Instead, they have been in touch with all bidders, asking them to ...

  6. Steve Jobs Set Course Forward for Music, Movies, Books

    October 07, 2011 8:21 AM EDT LOS ANGELES (AP) - Steve Jobs made it easy for people to entertain themselves on high-tech devices, and he unveiled gadget after gadget with an effortless touch. But away from the bright lights of the stage, Jobs was a tough negotiator who took tu ...

  7. Amazon Expected to Launch Tablet Today

    September 28, 2011 7:30 AM EDT NEW YORK (AP) - Amazon is expected to unveil a tablet computer Wednesday, picking a fight with Apple Inc. and its iPad. The iPad has many challengers, but analysts say Amazon's could be different - it has a chance to be more than a wannabe. A ...

  8. Arizona Student Charged in LulzSec Sony Hacking Case

    September 23, 2011 8:58 AM EDT LOS ANGELES (AP) - An Arizona college student was arrested and charged Thursday in a breach of computers at Sony Pictures Entertainment early this summer where more than 37,000 customers had their information stolen. An indictment unsealed in Los ...

  9. Gracenote Names Stephen White President

    August 11, 2011 12:39 PM EDT Music technology and information firm Gracenote has named Stephen White as its new president. Former president Craig Palmer quietly left the company back in May. White has been with the company since 2001, most recently serving as senior VP of pro ...

  10. Business Matters: Walmart Shutters MP3 Store

    August 09, 2011 9:15 PM EDT Walmart Shutters MP3 Store -- Need more evidence that the digital music world is moving to an access-over-ownership future? Walmart is shuttering its seven-year-old MP3 store, according to a report in the New York Times . The store's last day ...

  11. Business Matters: Dark Monday for Music and Entertainment Stocks

    August 08, 2011 10:03 PM EDT Dark Monday for Music and Entertainment Stocks -- A number of investment bank stocks declined sharply Monday after S&P downgraded the U.S. late Friday. The Dow Jones index dropped 5.55% to 10.809.85. The S&P 500 sank an ominous 6.66% to 1, ...

  12. Music Stocks End Dismal Week in Negative Territory

    August 05, 2011 5:20 PM EDT U.S. stock markets posted mixed gains Friday after a miserable week. The Dow fell as much as 245 points and finished the day up 61 and posting a 0.54% gain. The technology-heavy Nasdaq dropped 0.94% and the New York Stock Exchange composite fell 1 ...

  13. Higher-Than-Expected Bids for EMI Group Could Favor Strategic Buyers--Including the Other Majors

    August 05, 2011 11:42 AM EDT With the first round of bids in for Citigroup's auction of EMI Group, the higher-than-expected levels of the bids suggest that strategic suitors--including the other major-label groups--may have a leg up on other bidders. Sources say at lea ...

  14. EMI: High Bids Put Strategic Buyers -- Including Other Majors -- in the Lead

    August 05, 2011 10:53 AM EDT With the first round of bids in for Citigroup's auction of EMI Group , the higher-than-expected levels of the bids suggest that strategic suitors-including the other major-label groups-may have a leg up on other bidders. Sources say at least ...

  15. Sony Shares Hit 52-Week Low Amid Global Market Sell-Off

    August 05, 2011 7:56 AM EDT UPDATED: The stocks of entertainment conglomerates Walt Disney and Time Warner are now down for the year-to-date period, News Corp. closed at the same price as at the end of 2010, while CBS Corp. and Viacom remain ahead of their 2010 closing price ...

  16. EMI: Who's Bidding? Nearly Everyone Who Bid for Warner Music Group

    July 28, 2011 6:00 PM EDT With the deadline for first-round bids in the EMI auction looming this weekend, sources say that many of the suitors who bid on Warner Music Group have also bid on the British major. While nearly a dozen suitors made bids for WMG, in an auction wo ...

  17. Sony Corp Announces $199 Million Quarterly Loss on Disasters

    July 28, 2011 7:00 AM EDT TOKYO (AP) - Sony Corp. sank to a 15.5 billion yen ($199 million) quarterly loss, hurt by the disasters in northeastern Japan, a massive online security breach and plunging TV prices. The Tokyo-based electronics and entertainment company said Thur ...

  18. Sony CEO Howard Stringer Sees 16% Pay Cut

    June 29, 2011 8:12 AM EDT NEW YORK - Sony Corp. chairman and CEO Howard Stringer's compensation for the fiscal year ended in March declined 16 percent to 345 million yen ($4.27 million) as the entertainment and electronics conglomerate posted its third straight year o ...

  19. Sony Faces Jittery Shareholders at Annual Meeting

    June 28, 2011 7:30 AM EDT TOKYO (AP) - Sony Corp. Chief Executive Howard Stringer credited "very loyal" PlayStation Network gamers for flocking back to the service in big numbers, as he sought Tuesday to reassure shareholders following a series of embarrassing ha ...

  20. Apple's iCloud Could Finally Make Music Pirates Pay

    June 07, 2011 7:48 AM EDT LOS ANGELES - Apple Inc. CEO Steve Jobs on Monday introduced more than just a cloud storage system for songs that fans buy legitimately through iTunes. He unveiled a system that might finally get music lovers to pay for the songs they got through ...

  21. Sony Unveils PlayStation 'Vita' at E3

    June 07, 2011 7:35 AM EDT LOS ANGELES - Sony Corp. on Monday took the wraps off its next generation portable gaming machine, PlayStation Vita, a touch-interface and motion-sensitive handheld that outdoes its workhorse PlayStation Portable and will go on sale before the win ...

  22. E3 2011 Kicks Off In Los Angeles This Week

    June 06, 2011 7:00 AM EDT LOS ANGELES - Almost six years ago at the annual Electronic Entertainment Expo, Nintendo unveiled what would eventually become known as the Wii. But the Japanese gaming giant didn't show off the new console's distinctive motion-sensing c ...

  23. Sony PlayStation Network Restored in US, Europe

    June 02, 2011 6:11 AM EDT TOKYO - Sony Corp. is fully restoring its PlayStation Network in the U.S., Europe and parts of Asia on Thursday after hackers stole customer data and sent services offline in April. The Tokyo-based company said in a statement that services are set ...

  24. Business Matters: Are Consumers Ready to Spend This Summer?

    May 31, 2011 7:30 PM EDT Are Consumers Ready to Spend This Summer? -- While economic indicators are mixed, it appears investors may be feeling better about this summer's concert season. Live Nation shares rose 4.44% on twice the average daily trading volume Tuesday. ...

  25. Sony Forecasts $975 Million Profit Despite Hacking, Earthquake, $3.2 Billion Loss

    May 26, 2011 7:26 AM EDT TOKYO - Sony forecast a return to profit for this fiscal year after sinking into its third straight year of red ink, hammered by the costs of massive online security breaches and the damage from a March quake and tsunami in northeastern Japan. Tok ...

  26. Sony Says Greece Music Site Security Breached

    May 24, 2011 7:22 AM EDT TOKYO -- Sony said it discovered a security breach affecting 8,500 user accounts in a music entertainment website in Greece that comes on the heels of a hacker attack which forced its flagship gaming site offline. Sony Corp. spokesman Shigenori Yo ...

  27. U.S. Lays Out International Policies on Cyberspace

    May 17, 2011 7:44 AM EDT WASHINGTON (Reuters) - The United States launched a new initiative Monday designed to stamp the Internet with U.S. values such as freedom of expression, saying cyberspace must remain open, secure and reliable. U.S. Secretary of State Hillary Clint ...

  28. Is Flat the New Up? Universal Music Group Revenue 'Grew' in First Quarter of 2011

    May 16, 2011 11:54 AM EDT With flat being the new up, Universal Music Group's first quarter revenue is somewhat of a success story. Revenue for the world's largest music company was down 0.9% to €881 million (US $1.15 billion) compared to the prior-year quarter. ...

  29. Sony PlayStation Begins Network Operations Following Massive Security Breach

    May 16, 2011 7:49 AM EDT Sony began restoring its PlayStation Network service in the United States and Europe on Sunday after shutting down the service almost a month ago due to a massive security breach affecting over 100 million online accounts. Restored operations are ...

  30. Warner Music Group Auction In Final Stretch; One New Bidder Since Last Week

    May 03, 2011 7:33 PM EDT As the Warner Music Group (WMG) auction comes into the final stretch, there appears to be three bidders still in the running -- but only two of them are the same as last week. Ron Burkle's Yucaipa Companies dropped out of the bidding, Bloombe ...

  31. Sony Says 25 Million More Accounts Hacked

    May 03, 2011 7:17 AM EDT Sony Corp. said Monday that hackers may have taken personal information from an additional 24.6 million user accounts after a review of the recent PlayStation Network breach found an intrusion at a division that makes multiplayer online games. The ...

  32. Sony Execs Apologize for Network Security Breach, Promise to Improve Security

    May 01, 2011 12:38 PM EDT Sony executives apologized Sunday for a security breach in the company's PlayStation Network that caused the loss of personal data of some 77 million accounts on the online service. "We deeply apologize for the inconvenience we have caus ...

  33. Big Entertainment Stocks Post First-Quarter Gains

    April 01, 2011 7:35 AM EDT The opening quarter of 2011 saw the shares of a range of entertainment conglomerates hit new multiyear highs as double-digit gains for all sector biggies except Sony Corp. outpaced the broad-based S&P 500 stock index. The gains, led again by C ...

  34. Top Warner Execs 2010 Pay Increased Despite Revenue Losses

    January 20, 2011 12:00 AM EST Warner Music Group's top two executives took home more money in 2010 than they did the year before, according to details in a recent SEC filing . Judging from the amounts of their bonuses, Warner's leadership exceeded their 2010 goals. C ...

  35. Sony Lays Off 300 In Pitman Plant Closure

    January 12, 2011 12:00 AM EST Sony DADC announced Tuesday that it's closing its CD manufacturing plant in southern New Jersey and laying off about 300 employees by March 31. Another 50 or so employees could be transferred to nearby jobs with Sony, according to The Glouces ...

  36. Supreme Court: Antitrust Case Against Record Labels Can Proceed

    January 10, 2011 12:00 AM EST The U.S. Supreme Court opted on Monday not to review an appeals court decision in an antitrust price-fixing lawsuit against record labels over the sale of digital downloads. In passing on the case, the Supreme Court has opened the door for a revie ...

  37. Amazon to Launch Rival to Netflix

    December 06, 2010 12:00 AM EST Entertainment and technology companies are exploring new online services that would offer film and TV content to rival Netflix's streaming service, the Wall Street Journal reported Monday. The moves come amid concern that Netflix could end up ...

  38. Smartphones Boost Sony Ericsson Q2

    July 16, 2010 12:00 AM EDT Mobile phone maker Sony Ericsson posted a second consecutive quarterly profit on Friday (July 16) as sales of more expensive smartphones ramped up but it stuck to its view of only slight market growth this year. After a dismal 2009, when consumers ...

  39. Business Matters: Sony, Jonas Bros, 'Idol,' HMV and more

    July 06, 2010 12:00 AM EDT A LOOK AT SONY'S STRATEGY, REVENUE AND PROFIT -- The 360 deal is on a publicity tour. A week after Fast Company highlighted Warner Music Group ’s adaptation to a changed music industry through multi-rights deals, the New York Times does the s ...

  40. Web Trends: Miley Cyrus, Sam Cooke, Katy Perry and more

    June 22, 2010 12:00 AM EDT Google Trends (as of 4pm) 8. Rolling Stone A profile on General McChrystal published in Rolling Stone Magazine is generating interest online. Youtube Most Viewed Today 1. Miley Cyrus - Party In The U.S.A. MuchMusic Awards 2010 2. Dunga xinga jorna ...

  41. Web Trends: Vanessa Carlton, Lady Gaga, Eminem, K'naan and more

    June 21, 2010 12:00 AM EDT Google Trends (as of 4pm) 4. Vanessa Carlton Singer Vanessa Carlton reportedly declared herself a "proud bisexual woman" for the first time in front of a crowd at the Nashville Pride Festival at which she was headlining. 11. Lady Gaga Ya ...

  42. Web Trends: Justin Bieber, Orange Caramel, Lady Gaga and more

    June 18, 2010 12:00 AM EDT Music terms on Google Trends (as of 4pm) *No trending music search terms at this time* Youtube Most Viewed Today 1. Justin Bieber - Somebody To Love Remix ft. Usher 2. Sing Talk (Tik Tok Parody) 3. Orange Caramel - Magic Girl MV 4. Somebody To Lov ...

  43. Web Trends: Katy Perry, 2Pac, Shakira, Roger Waters and more

    June 17, 2010 12:00 AM EDT Google Trends (as of 5pm) *No trending music search terms at this time* Youtube Most Viewed Today 1. Katy Perry ft. Snoop Dogg "California Gurls" Official Music Video HD 2. Toyz Noize 3. SEOTAIJI - HUMAN DREAM "SEOTAIJI VERSION" ...

  44. Web Trends: Tupac, Eminem, OK Go, Lil Wayne and more

    June 16, 2010 12:00 AM EDT Google Trends (as of 4pm) 17. Tupac Quotes Today marks the birthday of the late Tupac Shakur. Youtube Most Viewed Today 1. Eminem Feat. Rihanna - Love The Way You Lie *Blocked by UMG on copyright grounds* 2. T.O.P - Turn It Up 3. Eminem x Rihanna ...

  45. Web Trends: Drake, John Fogerty, Miley Cyrus, Lady Gaga and more

    June 15, 2010 12:00 AM EDT Google Trends (as of 4pm) *No trending music search terms at this time* Youtube Music Most Viewed Today 1. Here Comes My Baby 2. The "Lemonade" Slumber Party 3. Szajka CeZika i polska muzyka 4. Eminem Feat. Rihanna - Love The Way You Lie ...

  46. Web Trends: Bank Atlantic, Jimmy Dean, Pink Floyd and more

    June 14, 2010 12:00 AM EDT Music terms on Google Trends (as of 4pm) 4. Bank Atlantic Roger Waters "The Wall Live" has added an additional night due to high demand, now performing back to back at the BankAtlantic Center on Nov. 13 and 14. 5. Jimmy Dean Donna Meade ...

  47. Web Trends: Justin Bieber, Usher, Jason Derulo and more

    June 11, 2010 12:00 AM EDT Google Trends (as of 4pm) *No trending music search terms at this time* Youtube Music Most Viewed Today 1. Eminem Feat. Rihanna - Love The Way You Lie 2. Eminem - Love The Way You Lie feat. Rihanna 3. Usher 'OMG' Live at SummerTime Ball ...

  48. Web Trends: Eminem, Miley Cyrus, Lloyd Banks, Gorillaz and more

    June 10, 2010 12:00 AM EDT Music terms on Google Trends (as of 11am) *No trending music search terms at this time* Youtube Music Most Viewed Today 1. Eminem Feat. Rihanna - Love The Way You Lie 2. Miley Cyrus Can't Be Tamed 3D Katy Perry California Girls Music Video Ly ...

  49. Web Trends: Shania Twain, Paramore, Waka Waka and More

    June 09, 2010 12:00 AM EDT Music terms on Google Trends (as of 4pm) 3. Frédéric Thiébaud Shania Twain, whose divorce from Robert "Mutt" Lange finalizes this week, was seen with Frédéric Thiébaud at the Swiss Red Cross Ball on May 29. Youtube Music Most Viewed Toda ...

  50. Web Trends: Lollapalooza, Lady Gaga, Marvin Isley and More

    June 08, 2010 12:00 AM EDT Music terms on Google Trends (as of 4pm) 2. Lollapalooza 2010 Lineup The 2010 Lollapalooza Lineup was announced today with headliners Lady Gaga, Green Day and Soundgarden as well as Cypress Hill, Erykah Badu, Devo, Drive-By Truckers, Blues Travele ...

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