Sony corp

  1. Sony Corp's Music Revenues Inch Up

    February 04, 2010 12:00 AM EST Sony Corp has issued third quarter results showing the first profit in five quarters at the Tokyo-based company, following its restructuring. The electronics company's music arm, including Sony Music Entertainment, Sony Music Entertainment Ja ...

  2. Nintendo Q3 Profit Down 23%

    January 28, 2010 12:00 AM EST Nintendo Co Ltd posted a 23% fall in quarterly profit as software sales for its DS handheld game player slowed and it cut the price of its Wii console, keeping its forecast for the first annual profit decline in four years. Nintendo has ridden whi ...

  3. Q3 Earnings: Industry Financial Snapshot

    December 07, 2009 12:00 AM EST Dour financial results have never looked so good. With a few exceptions, Q3's earnings results offered a snapshot of repeated losses and turnaround plans bearing little fruit. But in today’s environment, survival is a marker of success. Music ...

  4. Sony Corp Slides To 4-Month Low

    November 20, 2009 12:00 AM EST Shares of Sony Corp fell to their lowest in nearly four months on Friday (Nov. 20) after the electronics maker's new business strategy failed to convince investors it could deliver strong profit growth. Sony, which is heading for its second s ...

  5. Sony To Launch New Online Service In 2010

    November 20, 2009 12:00 AM EST Sony Corp said on Friday (Nov. 20) that its planned entertainment content distribution service for network-compatible TVs and other devices will be launched next year. Sony plans to launch a new online service to distribute movies, music, books an ...

  6. U.S. Video Game Sales Down 19%: NPD

    November 13, 2009 12:00 AM EST Sales of video game equipment and software in the United States tumbled 19% in October to $1.07 billion, research group NPD said, troubling figures as the industry heads into the most important selling weeks of the year. Once thought to be relativ ...

  7. Jackson's 'This Is It' Passes $200 Million Worldwide

    November 13, 2009 12:00 AM EST Michael Jackson's concert movie "This Is It" has taken more than $200 million at box offices worldwide in the first two weeks of release. Sony Pictures Entertainment said the movie had grossed $61 million in North America and more t ...

  8. Business Matters: Sony, RealNetworks, Google, Warner Music Nashville and More

    October 30, 2009 12:00 AM EDT Business Matters is a daily column that offers insight, analysis and opinion on the day's news. -- Sony Music reported revenue of $1.38 billion and an operating income of $96 million in Sony Corp’s fiscal Q2 ending September 30. That was a 3% ...

  9. Sony Ericsson Q3 Loss Narrows On Cost Cuts, Margin

    October 16, 2009 12:00 AM EDT Mobile phone maker Sony Ericsson posted a smaller than expected third-quarter pretax loss on Friday, boosted by big cost cuts, but said it expected the market to remain tough for the rest of the year. The global handset market has been slammed by ...

  10. Jackson Film Scores Sellouts Galore Before Opening

    October 15, 2009 12:00 AM EDT Advance sales for "This Is It" look set to make the concert movie starring the late Michael Jackson into one of the hottest tickets of the year. Two weeks ahead of its opening, the singer's concert movie "This Is It" has g ...

  11. 'New' Michael Jackson Single Written In 1983

    October 13, 2009 12:00 AM EDT Michael Jackson didn't do it his way after all. Hours after the pop singer's first posthumous single "This Is It" was released amid great hype on Monday, it emerged that the tune had been recorded 18 years ago by an obscure P ...

  12. Sony Rolling Out New, Cheaper PlayStation 3

    August 19, 2009 12:00 AM EDT Sony Corp will launch a slimmer, cheaper version of its PlayStation 3 game console next month, hoping to jumpstart sales and win back market share from rivals Microsoft and Nintendo. Starting in September, the latest, less bulky version of the PS3 ...

  13. Judge OKs Jackson Deal, Burial Planned

    August 18, 2009 12:00 AM EDT A judge has approved a deal for the sale of Michael Jackson merchandise, but delayed making a decision on a traveling exhibition dedicated to the King of Pop, amid objections from the singer's mother. Los Angeles Superior Court Judge Mitchell ...

  14. U.S. Regulators Open Probe Into Music Royalties

    August 10, 2009 12:00 AM EDT U.S. regulators have launched an inquiry into whether certain broadcasters are refusing to air the music of artists who demand to be paid when their songs are played on the radio. The Federal Communications Commission reviewed a June petition by a ...

  15. Michael Jackson Leaves Hefty Debts, Unrealized Comeback

    June 25, 2009 12:00 AM EDT Along with a vast musical legacy and legions of adoring fans, pop superstar Michael Jackson leaves behind a mountain of debt and an unfulfilled comeback many hoped would rake in millions and erase his financial troubles. The King of Pop died sudde ...

  16. Report: Bertelsmann Targets EMI Masters

    June 24, 2009 12:00 AM EDT German media group Bertelsmann wants to become a major player in the music business once again, according to a report in Hamburg's Manager Magazin. U.S. private equity firm KKR and several banks are said to be ready to act as co-investors for ...

  17. Sony Corp Reports Loss

    May 14, 2009 12:00 AM EDT Sony Corp reported a second straight quarterly loss hurt by a firmer yen, sluggish sales and restructuring costs, and it projected another year of red ink during which it will close eight factories worldwide. Consumer electronics makers around the ...

  18. Ericsson Q1 Core Profit Weak

    April 30, 2009 12:00 AM EDT Swedish telecom gear maker Ericsson posted weaker-than-expected underlying earnings, hit by a slumping global mobile phone market and cutbacks in investments by operators. The world's top mobile equipment maker, however, took a more optimisti ...

  19. Sony Ericsson Posts Heavy Q1 Loss

    April 17, 2009 12:00 AM EDT Mobile phone maker Sony Ericsson said on Friday it plans to cut one in five jobs this year in its battle to return to profit as a sluggish market brought a hefty first-quarter loss, as expected. The world no.4 handset manufacturer, owned by Sweden ...

  20. Amazon Starts Game Trades

    March 06, 2009 12:00 AM EST Amazon.com Inc will allow shoppers to trade in used video games for store credit, a move that may challenge a core driver of profitability for No. 1 U.S. game retailer GameStop Corp. GameStop shares fell 13% on Thursday, after Amazon set the trial ...

  21. Sony Swings To Q3 Operating Loss As Demand Wilts

    January 29, 2009 12:00 AM EST Sony Corp swung to a quarterly operating loss and reiterated a forecast for its first annual loss in 14 years, battered by a firmer yen and weaker demand while highlighting deepening woes at the electronics conglomerate. The loss announcement was ...

  22. Sony May Post $1.1 Billion Operating Loss

    January 13, 2009 12:00 AM EST Japan's Sony Corp will likely suffer an annual operating loss of about $1.1 billion, its first such loss in 14 years, due to sluggish sales and a stronger yen, a person with knowledge of the matter said. Shares of Sony tumbled 9%, slicing $2 ...

  23. Sony Ericsson CEO Preparing For Tough '09

    January 08, 2009 12:00 AM EST The chief executive of Sony Ericsson, a venture of Sony Corp and Ericsson, sees a tough cell phone market through the end of 2009, with unit sales down by about 5-6% as consumer demand slows in the weak global economy. But Hideki Komiyama, who pla ...

  24. US Sues Sony Music Over Children's Online Privacy

    December 10, 2008 12:00 AM EST Sony Music Entertainment was sued on Wednesday by the U.S. government, which claimed the music company violated federal rules aimed at protecting the online privacy of children. Sony Music improperly accepted registrations on its music Web sites f ...

  25. Sony Ericsson, Vodafone Back Google's Android

    December 10, 2008 12:00 AM EST Fourteen of the world's largest mobile phone and chip makers, including Sony Ericsson, Vodafone Group Plc and ARM Holdings Plc, joined the Open Handset Alliance to support the Android mobile device platform developed by Google Inc. The new me ...

  26. Dell Tests Music Player To Renew iPod Battle: Report

    July 30, 2008 12:00 AM EDT In recent months, personal computer maker Dell Inc., has been testing a digital music player that could go on sale as early as September, the Wall Street Journal newspaper said, citing several Dell officials. Dell's new foray would put it int ...

  27. Sony BMG Joint Venture Divide On The Cards

    July 11, 2008 12:00 AM EDT The split of the Sony BMG merger is virtually a done deal, Billboard.biz has learned. Well-placed sources say a Bertelsmann supervisory board meeting has been convened today to examine the sale of the German media giant's 50% stake, with a fi ...

  28. Impala Renews Appeal Against Sony BMG Merger OK

    June 16, 2008 12:00 AM EDT European independent music companies trade association Impala has launched another appeal with the European Commission contesting regulators' clearance of the Sony BMG merger. Brussels-based Impala said today it had lodged an appeal last Frid ...

  29. Report: Bertelsmann Wants $1.5bn for Sony BMG Stake

    June 12, 2008 12:00 AM EDT Bertelsmann is valuing its stake in Sony BMG at $1.2 billion to $1.5 billion as the German media group escalates its efforts to pull out of the record music joint venture with Sony Corp, the Financial Times reported on Thursday. According to the r ...

  30. Steinkamp Leaves Sony BMG

    June 03, 2008 12:00 AM EDT Maarten Steinkamp, president of Continental Europe for Sony BMG, is leaving the company, Billboard.biz can confirm. Although representatives for Sony BMG would not response to calls from Billboard, insiders confirmed speculation which has been cir ...

  31. Bertelsmann Shopping Sony BMG Stake, Reports Claim

    March 04, 2008 12:00 AM EST Bertelsmann has declined to comment on reports which claim the media giant is sounding out buyers for its stake in the Sony BMG joint venture. The German firm's chief financial officer Thomas Rabe has met with at least two private equity comp ...

  32. New Guitar Hero Gives Sweet Emotion To Aerosmith Fans

    February 15, 2008 12:00 AM EST Activision Inc on Friday unveiled a new "Guitar Hero" video game focusing on the rock band Aerosmith, taking the billion-dollar franchise in a new direction. Called "Guitar Hero: Aerosmith," the new game will arrive in stores t ...

  33. Dept. of Justice Questions Sony BMG, UMG

    February 07, 2008 12:00 AM EST The U.S. Department of Justice has requested information from Sony BMG and Universal Music Group about their talks to launch an online music subscription service, said a record company executive on Thursday. The person, who wished to remain unname ...

  34. Sony BMG Merger Ruling Scrutinized In EU Court 'Opinion'

    December 13, 2007 12:00 AM EST A leading EU judge today said its lower court was correct to annul the 2004 clearance of the merger of the recorded music units of Sony Corp and German media company Bertelsmann AG. Juliane Kokott, the advocate general of the European Court of Jus ...

  35. Europe's Court Of Justice Hears Sony BMG Case

    November 07, 2007 12:00 AM EST The European Court of Justice has heard Sony and Bertelsmann's appeal against a ruling last year to annul the original 2004 Sony BMG merger. Representatives from Bertelsmann, Sony Corp and Europe's independent music community met yesterd ...

  36. Zomba Sues Blogger Over Britney Leaks

    October 11, 2007 12:00 AM EDT Zomba sued PerezHilton.com for copyright infringement on Thursday, saying the gossip Web site illegally posted recordings by pop singer Britney Spears. The suit, filed in U.S. District Court in Los Angeles Thursday, accused the Web site and its pr ...

  37. BMG Drags As Bertelsmann Posts Bumper Financials

    March 21, 2007 12:00 AM EDT German media giant Bertelsmann achieved its "most successful" financial result in 2006, despite a considerable decline in revenue and profit from its recorded music business. During a press-conference today in Berlin, Bertelsmann chairma ...

  38. Impala Reacts To EC's Sony BMG Probe

    February 02, 2007 12:00 AM EST Impala has welcomed the European Commission's re-examination of Sony Corp and Bertelsmann's music merger as an opportunity to resolve the issue once and for all. The European independent labels trade association, by way of a statement is ...

  39. EC Starts Sony BMG Review

    February 01, 2007 12:00 AM EST The European Commission has opened its re-examination of the merger between Sony Corp and Bertelsmann's music units, seven months after an EU court threw out their approval. The Commission -- the EU's anti-trust authority -- said it woul ...

  40. Apple Works On Labor Issue At iPod Plant

    August 31, 2006 12:00 AM EDT More than 50 million iPods have been sold since 2001. Apple Computer Inc. said Wednesday (Aug. 30) it was working to resolve a dispute over alleged labor abuses by an iPod manufacturer in China. Hongfujin Precision Industry Co., a major exporter o ...

  41. Report: Bertelsmann To Optimize Sony BMG Stake

    July 03, 2006 12:00 AM EDT Bertelsmann wants to structure its 50% share in the Sony BMG joint-venture more flexibly over the next few months, Bertelsmann CFO Thomas Rabe told German daily newspaper Frankfurter Allgemeine Zeitun Bertelsmann wants to structure its 50% share i ...

  42. Report: Bertelsmann To Optimize Sony BMG Stake

    July 03, 2006 12:00 AM EDT Bertelsmann wants to structure its 50% share in the Sony BMG joint-venture more flexibly over the next few months, Bertelsmann CFO Thomas Rabe told German daily newspaper Frankfurter Allgemeine Zeitun Bertelsmann wants to structure its 50% share i ...

  43. Smellie Takes Bertelsmann Asia Pac Role

    April 18, 2006 12:00 AM EDT Exec will drive growth in Asian future markets. Michael Smellie, one of the major architects of the Sony BMG merger, has taken an executive post with the company's joint-parent Bertelsmann AG. The Australian-born executive, who controversiall ...

  44. Smellie Takes Bertelsmann Asia Pac Role

    April 18, 2006 12:00 AM EDT Michael Smellie, one of the major architects of the Sony BMG merger, has taken an executive post with the company's joint-parent Bertelsmann AG. Michael Smellie, one of the major architects of the Sony BMG merger, has taken an executive post ...

  45. Michael Jackson Restructures Finances

    April 14, 2006 12:00 AM EDT No terms of the deal disclosed. Michael Jackson has restructured his finances in a deal with Sony Corp, which shares ownership of his valuable music catalog that includes the Beatles' hits, attorneys said in a statement. No terms of the deal ...

  46. Mashboxx Names Bebel As President/CEO

    September 27, 2005 12:00 AM EDT Mashboxx appointed Mike Bebel as its president/CEO. He will take on the role immediately, replacing Wayne Rosso, who will remain chairman of Mashboxx. (Reuters) -- Mashboxx appointed Mike Bebel as its president/CEO. He will take on the role immedi ...

  47. Palm, Microsoft To Launch New Smart Phone

    September 26, 2005 12:00 AM EDT New Treo 700 to be offered through Verizon. Palm Inc. is teaming up with Microsoft Corp. to launch a Windows-based version of the Treo smart phone, marking the first time the handheld computer pioneer will sell a device based on its former rival&# ...

  48. Mashboxx Names Bebel As President/CEO

    September 23, 2005 12:00 AM EDT Industry veteran was chief executive of Pressplay. Mashboxx LLC, a company formed to establish a legal peer-to-peer music service, appointed yesterday (Sept. 22) Mike Bebel as its president and chief executive officer. Music industry veteran Bebel ...

  49. Legendary Whitfield Studios Looking For A Buyer

    September 15, 2005 12:00 AM EDT Recording unit placed in administration. Whitfield Street Studios, the famous London recording facility once owned by Sony Corp, has been placed in administration. Acquired by current owner music entrepreneur Robin Millar in February 2004 via his ...

  50. Sony BMG Agrees to $10M 'Payola' Settlement

    July 25, 2005 12:00 AM EDT One of the nation's biggest music companies, Sony BMG Music Entertainment, agreed Monday to pay $10 million and to stop paying radio station employees to feature its artists to settle an investigation One of the nation's biggest music co ...

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