Sony Corp.

  1. France Poised To Soften iTunes Bill

    June 21, 2006 12:00 AM EDT Leading lawmakers have agreed to water down a draft law that could have threatened the future of the iPod in France. Leading lawmakers have agreed to water down a draft law that could have threatened the future of the iPod in France. The National ...

  2. Ienner, Anthony Exit Sony BMG

    June 01, 2006 12:00 AM EDT The apparent power struggle between new Sony BMG Music Entertainment CEO Rolf Schmidt-Holtz and Sony Music’s two highest ranking creative executives has reached its breaking point. Don Ienner, the S The apparent power struggle between new Sony BMG ...

  3. Judge Approves Settlement On Sony BMG Case

    May 23, 2006 12:00 AM EDT Class action lawsuit over copy-protection software. A federal judge on Monday (May 22) granted final approval of a settlement between Sony BMG Music Entertainment and consumers who filed a class action lawsuit over copy-protection software install ...

  4. Sony BMG Reveals Q1 Financials

    April 27, 2006 12:00 AM EDT Posts net income of $95 million. Sony BMG Music Entertainment posted net income of $95 million on sales of $4.3 billion for Sony Corp.’s fiscal year ended March 31. Income before taxes totaled $150 million—a figure that includes $186 million in re ...

  5. Music Phones Triple Sony/Ericsson Earnings

    April 13, 2006 12:00 AM EDT Driven by strong sales of Walkman line. Driven largely by strong sales of its Walkman line of music phone, mobile phone manufacturer Sony-Ericsson beat analyst expectations by more than tripling its net profit for the quarter ending March 31. The ...

  6. Report-Bertelsmann To Sell Music Division

    March 27, 2006 12:00 AM EST German group plans to buy back GBL shares. German media group Bertelsmann is planning to sell its 50 percent stake in music company Sony BMG, which it owns together with Japanese electronics group Sony Corp., to avoid a stock market listing, the F ...

  7. Cost Cutting Improves Bertelsmann's Music Profits

    March 22, 2006 12:00 AM EST Cost cutting at Sony BMG helped improve Bertelsmann's music profits in 2005, but the media giant's music sales for the year were dragged down by softness in the overall music market. Cost cutting at Sony BMG helped improve Bertelsmann’s ...

  8. Schmidt-Holtz Appointed Sony BMG CEO

    February 10, 2006 12:00 AM EST As anticipated, Bertelsmann confirmed today (Feb. 10) the appointment of Rolf Schmidt-Holtz as the new chief executive officer of Sony BMG Music Entertainment, effective immediately. As anticipated, Bertelsmann confirmed today (Feb. 10) the appoin ...

  9. Sony BMG Net Income Jumps In Q3

    January 26, 2006 12:00 AM EST Company posted $178M on sales of $1.49B. Sony BMG Music Entertainment reported a seven-fold jump in third quarter net income thanks to increased cost savings and reduced restructuring charges. The company posted net income of $178 million on sales ...

  10. SFR To Launch New Mobile Subs Service

    January 19, 2006 12:00 AM EST It will propose unlimited downloads to handsets. French mobile telephone operator SFR is about to announce imminently the launch of an unlimited music download subscription service for mobile phones, Billboard.biz has learned. According to sources ...

  11. Sony BMG Signs Up To iTunes Oz

    January 18, 2006 12:00 AM EST Sony BMG Music Entertainment today (Jan. 18) became the final major record company to license its repertoire to Apple Computer's iTunes Music Store in Australia. An initial 100,000 tracks made availab Sony BMG Music Entertainment today (Jan. ...

  12. Sony BMG Ends Holdout With iTunes Oz

    January 18, 2006 12:00 AM EST Sony BMG Music Entertainment today (Jan. 18) became the final major record company to license its repertoire to Apple Computer's iTunes Music Store in Australia. An initial 100,000 tracks made availab Sony BMG Music Entertainment today (Jan. ...

  13. Vodafone Unveils Personalized Radio Service

    January 09, 2006 12:00 AM EST 'Vodafone Radio DJ' to roll out in 20 markets. Mobile phone giant Vodafone is entering the international wireless streamed-radio sector with the introduction of a new service accessible via handsets and home computers. Vodafone Radio DJ ...

  14. Vodafone Unveils Personalized Radio Service

    January 09, 2006 12:00 AM EST Mobile phone giant Vodafone is entering the international wireless streamed-radio sector with the introduction of a new service accessible via handsets and home computers. Mobile phone giant Vodafone is entering the international wireless streamed ...

  15. Analyst: Media Stocks To Rebound

    December 30, 2005 12:00 AM EST 'The radio industry is poised for an upswing.' Media stocks should pick up the pace in 2006, many Wall Street analysts said. Considering their performance in 2005, though, it is an easy comparison. Of the major entertainment conglomerate ...

  16. Report: Jackson In Talks To Avoid Loan Default

    December 20, 2005 12:00 AM EST Lawyers for Michael Jackson and a key creditor are in talks to keep the pop star from defaulting on $200 million in loans secured by his prized stake in the Beatles' song catalog, an attorney for the Lawyers for Michael Jackson and a key cred ...

  17. Report: Jackson In Talks To Avoid Loan Default

    December 20, 2005 12:00 AM EST Default on Sony/ATV could come Tuesday. Lawyers for Michael Jackson and a key creditor are in talks to keep the pop star from defaulting on $200 million in loans secured by his prized stake in the Beatles' song catalog, an attorney for the si ...

  18. Sony, NEC Join For Optical Disc Drive Creation

    November 29, 2005 12:00 AM EST In what observers consider an unlikely alliance, Sony Corp. and NEC Electronics Corp. have agreed to establish a joint venture that will plan, design, manufacture and market DVD and CD drives. (The Hollywood Reporter) -- In what observers consider ...

  19. Sony BMG Recalls Copy-Protected CDs

    November 16, 2005 12:00 AM EST Sony BMG, yielding to consumer concern, said on Wednesday (Nov. 16) it was recalling music CDs containing copy-protection software that acts like virus software and hides deep inside a computer. Sony BMG, yielding to consumer concern, said on Wedn ...

  20. Bertelsmann Reports 3Q Gains

    November 09, 2005 12:00 AM EST German group anticipates big Q4 record sked. Bertelsmann AG today (Nov. 9) reported gains in third-quarter operating profit on the back of solid contributions across its portfolio of interests. According to a Bertelsmann statement, all of the grou ...

  21. Bertelsmann Reports 3Q Gains

    November 09, 2005 12:00 AM EST Bertelsmann AG today (Nov. 9) reported gains in third-quarter operating profit on the back of solid contributions across its portfolio of interests. Bertelsmann AG today (Nov. 9) reported gains in third-quarter operating profit on the back of soli ...

  22. Sony BMG Loses $60 Million In Q2

    October 27, 2005 12:00 AM EDT Attributes loss to restructuring, 'harsh' market. Sony BMG posted a net loss of $60 million on sales of $936 million for the fiscal second quarter ended Sept. 30. Sony Corp., which reported the music giant’s results with its second quart ...

  23. Aussie Court: PlayStation 'Mod Chips' Are Legal

    October 11, 2005 12:00 AM EDT Australia's High Court ruled unanimously Oct. 6 that modifying Sony PlayStation consoles so that they can play cheaper overseas versions of the company's games does not violate Australian copyright la SYDNEY (AP) -- Australia's High ...

  24. Report: Bertelsmann Wants Lack Out At Sony BMG

    October 10, 2005 12:00 AM EDT Does not want to renew CEO's contract. Germany's Bertelsmann has told its music business partner Sony Corp. it does not want to renew the contract of CEO Andrew Lack to run the unit, according to a Monday report in The New York Times cit ...

  25. Report - Microsoft Ends Talks With Labels

    October 04, 2005 12:00 AM EDT Sofware giant planned subscription music service. Microsoft Corp. has broken off licensing talks with the four global music companies, raising questions about the software giant's plans to start a subscription-based music service, the Wall St ...

  26. Chinese Get Tough On Big Media

    September 27, 2005 12:00 AM EDT News Corp. chairman/CEO Rupert Murdoch is expressing frustration with Chinese regulators' recent steps to put tighter controls on foreign media companies doing business in China. NEW YORK (The Hollywood Reporter) -- News Corp. chairman/CEO Ru ...

  27. Sony Cuts Global Workforce

    September 22, 2005 12:00 AM EDT ,000 jobs lost. Sony Corp. unveiled a series of restructuring moves today (Sept. 22) including a 7% reduction, or 10,000 jobs, of its global workforce aimed at reversing the Japanese electronic giant's poor results in recent years. Sir Howa ...

  28. Sony Cuts Global Workforce

    September 22, 2005 12:00 AM EDT ,000 jobs lost. Sony Corp. unveiled a series of restructuring moves today (Sept. 22) including a 7% reduction, or 10,000 jobs, of its global workforce aimed at reversing the Japanese electronic giant's poor results in recent years. Sir Howa ...

  29. Court To Rule On Sony BMG Merger

    September 22, 2005 12:00 AM EDT The Court of First Instance in Luxembourg is hearing today (Sept. 22) the appeal case brought by indie labels' organization Impala against the European competition watchdog over the Sony BMG merger. The Court of First Instance in Luxembourg i ...

  30. Sony Slumps to Loss

    July 28, 2005 12:00 AM EDT Slashes Profit Outlook on Falling Sales, Restructuring Costs Sony Corp. announced its second quarterly loss in a row Thursday and slashed its profit outlook, highlighting the challenges Sony's new chairman faces as he tries to revive the comp ...

  31. Sony BMG Near Radio Tactics Settlement

    July 24, 2005 12:00 AM EDT Company expected to admit misconduct. New York state's attorney general and Sony BMG Music Entertainment are close to a settlement over accusations that the record company giant used improper tactics to influence radio programmers to play its ...

  32. Senator Targets 'Cop Killer' Videogame

    June 28, 2005 12:00 AM EDT A new videogame that lets players join crime gangs and kill police officers has become the target of a proposed boycott by a U.S. senator. SAN FRANCISCO (Reuters) -- A new videogame that lets players join crime gangs and kill police officers has b ...

  33. MTV Networks Buys Neopets

    June 28, 2005 12:00 AM EDT As it continues to expand and strengthen its Web business, Viacom unit MTV Networks said June 20 it has acquired NeoPets, the operator of a fast-growing youth community on the Internet. NEW YORK (The Hollywood Reporter) -- As it continues to expan ...

  34. Shareholders Approve Stringer As New Sony CEO

    June 28, 2005 12:00 AM EDT Sony Corp. shareholders on June 22 approved the appointment of Howard Stringer as the new chief executive, making him the first foreigner to head the Japanese electronics and entertainment company. TOKYO (AP) -- Sony Corp. shareholders on June 22 ...

  35. Sony To Pay $7 Million To Ousted Bosses

    June 07, 2005 12:00 AM EDT Struggling electronics maker Sony Corp. will give chief executive Nobuyuki Idei and three other outgoing executives a retirement package worth a total of about $7 million. TOKYO (Reuters) -- Struggling electronics maker Sony Corp. will give chief ...

  36. Sony Cutting Management

    June 07, 2005 12:00 AM EDT Entertainment and electronics giant Sony Corp. on June 2 unveiled a pared-down management structure as Howard Stringer, who is set to take over as group chairman/CEO on June 22, starts to streamline o NEW YORK (The Hollywood Reporter) -- Entertain ...

  37. Sony BMG's Lack Expects More Cost Savings

    May 27, 2005 12:00 AM EDT Sony BMG plans to wring more cost savings than it originally expected from the merger that created the record company 10 months ago, but meaningful revenue gains for both itself and the industry are s Sony BMG plans to wring more cost savings than ...

  38. Sony BMG Posts Fourth Quarter Numbers

    May 03, 2005 12:00 AM EDT Sony Corp. reports that Sony BMG Music Entertainment posted a fourth quarter net loss of $61.8 million on sales of $962 million for the three months ended March 31. Results for the joint venture inclu NEW YORK -- Sony Corp. reports that Sony BMG M ...

  39. Sony BMG Posts Fourth Quarter Numbers

    April 28, 2005 12:00 AM EDT Net Loss Of $61.8 Million Sony Corp. reports that Sony BMG posted a fourth quarter net loss of $61.8 million on sales of $962 million for the three months ended March 31. Results for the joint venture include $92 million in restructuring charges b ...

  40. More Electronics Firms Join Debate To End DVD War

    April 26, 2005 12:00 AM EDT More electronics companies have joined talks between Japan's Sony Corp. and Toshiba Corp. to develop a common format for next-generation DVDs and end a fierce battle, industry sources said on April 22 AMSTERDAM (Reuters) -- More electronics c ...

  41. GameStop To Buy Electronics Boutique For $1.44 Bil

    April 26, 2005 12:00 AM EDT Videogame retailer GameStop Corp. said on April 18 it would buy competitor Electronics Boutique Holdings Corp. for $1.44 billion in cash and stock, creating a company that would rival Wal-Mart in game (Reuters) -- Videogame retailer GameStop Corp. ...

  42. Sony Liable For Patent Infringement

    April 05, 2005 12:00 AM EDT Sony Corp. has been ordered to pay $90.7 million in damages for infringing two patents used in videogame controllers but will be allowed to continue selling the popular PlayStation console in the Unit LOS ANGELES (The Hollywood Reporter) -- Sony C ...

  43. NBA Tosses Ball Around Via 5 Vid Game Deals

    March 29, 2005 12:00 AM EST The National Basketball Assn. signed long-term videogame licensing deals with five publishers on March 22, bucking the trend of sports leagues making exclusive arrangements with a single company. (Reuters) -- The National Basketball Assn. signed l ...

  44. Sony Ordered To Pay In PlayStation Case

    March 28, 2005 12:00 AM EST Immersion to get $90.7M. TOKYO (AP) -- Japanese electronics giant Sony Corp.'s video game unit has been ordered to pay $90.7 million in damages to Immersion Corp. over a patent infringement lawsuit related to a controller for Sony's Play ...

  45. Sony Corp. Taps Stringer As Chairman/CEO

    March 15, 2005 12:00 AM EST Sony Corp. has appointed Sir Howard Stringer to succeed Nobuyuki Idei as chairman/CEO. Welsh-born Stringer, who holds dual British and American citizenship, will become the first non-Japanese executiv LONDON -- Sony Corp. has appointed Sir Howard ...

  46. Apple Backing Blu-ray

    March 15, 2005 12:00 AM EST Apple Computer has thrown its support behind the Blu-Ray camp for next-generation DVD technology. The company has joined the Blu-ray Disc Assn.'s board of directors. LOS ANGELES -- Apple Computer has thrown its support behind the Blu-ray camp ...

  47. Apple Backing Blu-Ray

    March 10, 2005 12:00 AM EST Computer company joins board. Apple Computer has thrown its support behind the Blu-Ray camp for next-generation DVD technology. The company has joined the Blu-ray Disc Assn.'s board of directors. Apple joins Sony Corp., HP, Dell Panasonic, Tw ...

  48. Sony To Bow Flash-Memory Audio Players

    March 08, 2005 12:00 AM EST Hoping to regain some of its luster in a market dominated by the iPod, the company that brought us the Walkman is coming out with a big lineup of portable music players. SAN JOSE, Calif. (AP) -- Hoping to regain some of its luster in a market domi ...

  49. Lack: Sony BMG Exploring Film/TV Biz For Artists

    March 08, 2005 12:00 AM EST Sony BMG is getting into the film and television business, CEO Andrew Lack told attendees of the daylong <i>Billboard</i> Music &amp; Money Symposium on March 3 in New York. NEW YORK -- Sony BMG is getting into the film and televis ...

  50. Sony Corp. Taps Stringer As Chairman/CEO

    March 07, 2005 12:00 AM EST Sony Corp. has appointed Sir Howard Stringer to succeed Nobuyuki Idei as chairman/CEO. Welsh-born Stringer, who holds dual British and American citizenship, will become the first non-Japanese executiv Sony Corp. has appointed Sir Howard Stringer t ...

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