Sony

  1. Breyon Prescott Heads Urban A&R at Epic

    February 26, 2015 10:40 PM EST Music industry veteran Breyon Prescott has joined Epic Records as head of urban A&R. In addition to developing new and existing talent, Prescott will house his Chameleon Entertainment imprint at Epic. Prescott is among the executive producer ...

  2. Tween Rockers Unlocking the Truth Sign Seven-Figure Deal with Sony (Report)

    July 13, 2014 2:30 PM EDT Brooklyn-based tween rock band Unlocking the Truth has reportedly signed a seven-figure album deal with Sony. Unlocking the Truth — comprising 13-year-old guitarist Malcolm Brickhouse, bassist Alec Atkins (13) and drummer Jarad Dawkin (12) — made ...

  3. Record Labels Seek to Punish SiriusXM Over Pre-1972 Music

    February 06, 2014 8:09 PM EST A lawsuit brought by record labels -- Sony, Universal, Warner and ABKCO* -- against SiriusXM has barely begun, and yet the case is skipping ahead to the issue of jury instruction. This is a dispute that is four decades in the making, ever since s ...

  4. Sony Music, Sony/ATV Could Be Under Pressure As Sony Hires Bain for $100M Cost Cuts

    November 18, 2013 9:50 PM EST Sony Entertainment has hired Bain & Company to look for at least $100 million in cost-savings, the New York Times reported . But early speculation about the move is that it will impact Sony Pictures more than Sony Music Entertainment or Sony ...

  5. Sony Sells Over 1 Million PlayStation 4s On First Day

    November 18, 2013 10:26 AM EST Sony says it sold more than 1 million of its PlayStation 4 video game consoles during their first 24 hours on the market. The consoles went on sale Friday in the U.S. and Canada. Andrew House, president and group CEO for Sony Computer Entertainm ...

  6. Daniel Loeb's Third Point Appears on Sony's Japanese Shareholder Register for First Time

    November 11, 2013 10:54 AM EST Third Point, the hedge fund run by Daniel Loeb that has been pressuring Sony to spin off part of its entertainment arm, was listed as holding 1.64 percent of the Japanese corporation's stock in a filing with authorities in Tokyo on Monday. ...

  7. Sony Posts $196 Million Quarterly Loss

    October 31, 2013 10:18 AM EDT The "White House Down" flop added to earnings woes at Sony Corp. in the latest quarter, dragging the entertainment and electronics giant to a 19.3 billion yen ($196 million) loss. The action movie's lackluster box office, especial ...

  8. Quincy Jones Files $10M Lawsuit Over Michael Jackson Music

    October 25, 2013 9:14 PM EDT Quincy Jones has filed a $10 million breach-of-contract lawsuit in connection with Michael Jackson projects released after the singer's death. The legendary producer who has won 27 Grammy Awards and produced the King of Pop's best-sell ...

  9. YouTube Close to Launching Subscription Music Service (Breaking)

    October 23, 2013 6:51 PM EDT YouTube is preparing a premium on-demand music service -- akin to a Spotify, but with video -- to launch later this year, according to several sources familiar with the plans. The service, designed with mobile listening in mind, will have ...

  10. I.R.S. Nashville Imprint Names John Grady President

    October 22, 2013 7:45 PM EDT Veteran Nashville music executive John Grady has been named the president of I.R.S. Nashville, a new label based on the imprint started 34 years ago and revived by EMI two years ago. Grady will continue serving as partner at Crush Management.   ...

  11. Former Music Industry Veteran Polly Anthony Dies

    September 29, 2013 7:59 PM EDT Music industry veteran Polly Anthony, who served in executive roles at such record labels as Epic and Geffen, has died after a long battle with pancreatic cancer, according to All Access. Read Billboard.biz's updated and in-depth Polly A ...

  12. Sony CEO on Calls for An Entertainment Spin-Off: 'It Needs To Be Examined'

    June 20, 2013 4:56 AM EDT Sony CEO Kaz Hirai told shareholders at their annual meeting that entertainment is a vital part of the company, but that the board will consider the proposal from hedge fund Third Point to sell a 15 to 20% stake in the profit-making division. De ...

  13. Daniel Loeb Ups Sony Stake, Presses On for Entertainment IPO

    June 18, 2013 6:43 AM EDT Activist investor Daniel Loeb's hedge fund Third Point has slightly increased its stake in Sony Corp. as it continues to push for an IPO of the conglomerate's entertainment business. Loeb has sent a second letter to Sony CEO Kaz Hirai ...

  14. Sony's Music Unlimited Service Expands to Brazil

    May 15, 2013 3:30 PM EDT Sony Network Entertainment International’s Music Unlimited service is live in Brazil, according to a statement released today by the company. The cloud-based digital music subscription service is now available in 19 countries worldwide. The on-d ...

  15. Sony Entertainment Spinout ‘Inevitable,’ Despite Claims to Contrary: Source

    May 14, 2013 1:48 PM EDT The idea of spinning out Sony Corp’s entertainment assets isn’t a new one. It’s been in the air at 550 Madison Avenue for several years, as the once-proud electronics giant lost market and mind share in the consumer electronics market to Sams ...

  16. Lauryn Hill Confirms Sony Deal, Calls Reports ‘Inaccurate’

    April 26, 2013 8:51 AM EDT Lauryn Hill took to her Tumblr page to comment on recent media reports that she’d inked a new deal with Sony Music in order to help her avoid prison time for three years' worth of missed tax returns. She wrote that she will be launching a n ...

  17. Clive Davis Talks Pre-Grammy Party, Says Whitney Houston ‘Will Be Remembered’

    February 08, 2013 5:44 PM EST A year after her death, Whitney Houston will be remembered at Feb. 9’s Pre-Grammy Gala, her mentor Clive Davis tells billboard.biz. Houston died the afternoon of last year’s Feb. 11 event. “I’m working it out in my own head,” Davis said Thursday ...

  18. Aretha Franklin’s Next LP: ‘Great Diva Songs’ With Danger Mouse, Babyface, Clive Davis Says

    February 08, 2013 2:44 AM EST 1 2.966 k 49 0 The original diva, Aretha Franklin, will tackle music from other divas on her next album, Clive Davis told Billboard.biz on Thursday. “[We’re going] to do an album of great diva signature songs and hear that voice, that incredible national ...

  19. Sony Corp. of America Sells New York HQ for $1.1 Billion

    January 20, 2013 1:49 PM EST In a move to bolster its balance sheet and cash position, Sony Corp. of America has agreed to sell its 550 Madison headquarters building in New York City for $1.1 billion to a consortium of investors led by the Chetrit Group. Sony companies, inc ...

  20. Sony Music Boosts Digital Team With Ole Obermann and Mark Piibe

    January 16, 2013 4:06 PM EST Sony Music Entertainment's president of global digital business and U.S. sales Dennis Kooker announced the creation and appointment of two new, digitally focused positions; current Sony Music executive Ole Obermann has been named executive vi ...

  21. Hackers Sentenced for Stealing Unreleased Material From Michael Jackson, Other Sony Artists

    January 13, 2013 5:05 PM EST British court sentenced two hackers to 100 hours of community service on Friday for stealing a treasure trove of unreleased music - including Michael Jackson tracks - from the U.S. servers of Sony Music Entertainment. Officials said that music a ...

  22. What Really Happened to Sony and Universal's 2 Billion Missing YouTube Views

    December 21, 2012 5:12 PM EST On Thursday, when YouTube sent out its regular reports on view counts, one data company, SocialBlade, noticed that the channel views for Sony Music Entertainment and Universal Music Group saw its channel count sliced by about 2 billion views. That ...

  23. 2013 Grammy Awards: R&B Album, Song Nominations

    December 21, 2012 11:15 AM EST veterans and next-generation crooners go head to head best contemporary r&b album Fortune Chris Brown LABEL: RCA Records EXECUTIVE PRODUCERS: Chris Brown, Tina Davis, Mark Pitts, Team Breezy PRODUCERS: The Underdogs, Fuego, Andrew "Pop&qu ...

  24. Exclusive: Rob Wiesenthal Out at Sony/ATV, Heading to Warner Music

    December 20, 2012 10:38 AM EST Rob Wiesenthal, President of Sony/ATV's international business, is leaving the world's no.1 music publisher to join Len Blavatnik's Warner Music Group as chief operating officer/corporate, WMG said on Thursday. Wiesenthal, a Sony Co ...

  25. L.A. Reid to Be Honored at Pre-Grammy Gala; Quincy Jones and Al Schmitt at P&E Wing Event

    December 18, 2012 11:30 AM EST Clive Davis and the Recording Academy will present the annual Pre-Grammy Gala on Saturday, Feb. 9, at The Beverly Hilton in Beverly Hills, Calif., the evening before the 55th Annual Grammy Awards, the Academy announced this morning. As part of the ...

  26. L.A. Reid's Career Timeline: From Deele to 'X-Factor,' LaFace to Epic, TLC to Bieber

    December 14, 2012 5:40 PM EST - May 1988 The R&B group with Ken "Babyface" Edmonds, Antonio "L.A." Reid has his first top big hit with "Two Occassions" as a member of the Deele, which peaks at No. 10 on the Billboard Hot 100 on May 21. . - 198 ...

  27. Deals to Watch in 2013: AEG, Live Nation, EMI Divestments, More

    December 14, 2012 7:00 AM EST As the year comes to a close, some big deals are still up in the air; and others appear to be waiting in the wings. • The auction for AEG, Anschutz Entertainment Group, which owns more than 100 arenas including Los Angeles' Staples Center and ...

  28. Olly Murs Tops UK Album Chart, Gabrielle Aplin Has Top Single With Frankie Goes To Hollywood Cover

    December 10, 2012 7:16 AM EST Olly Murs has the U.K.'s No. 1 artist album for a second week, after "Right Place Right Time" (Epic/Sony Music Entertainment) was confirmed at the summit again by the Official Charts Company on Sunday (12/9). On the singles chart, P ...

  29. Lia Vollack

    November 29, 2012 3:50 PM EST President of Worldwide Music/Executive VP of Theatrical at Sony Pictures Entertainment (Photo: Joseph Llanes) Forging A Bond More than 18 months ago, Lia Vollack suggested Adele as a vocalist for the next James Bond film, a perfect stylistic fit f ...

  30. Joe Riccitelli Named EVP/GM of RCA Records

    November 28, 2012 12:08 PM EST Joe Riccitelli has been named executive vice president/GM of RCA Records, the label announced today. He was previously EVP, Promotion, RCA Records. Riccitelli will now oversee the Music Licensing and Brand Partnership departments which will contin ...

  31. Rihanna Tops UK Album Chart; 'Now! That's What I Call Music 83' Has 2012's Best Sales Week

    November 26, 2012 6:36 AM EST Rihanna's "Unapologetic" (Def Jam/Universal) sold nearly 100,000 copies last week to debut at No. 1 on yesterday's new U.K. album chart. But the real sales story of the week, and the year, came in the less-publicized compilatio ...

  32. Moody's Cuts Sony's Credit Rating Again, But Calls Music 'Generally Stable'

    November 09, 2012 1:08 PM EST Moody's Investors Service has downgraded the long-term senior unsecured bond ratings of Sony Corporation. A new report issued by Moody's on Friday moves a rating from "Baa2" to "Baa3" and gives a negative outlook for ...

  33. Tim Schaaff, Sony's President of Network Entertainment Int'l, Stepping Down

    November 08, 2012 10:05 AM EST The head of Sony Corp.'s Sony Network Entertainment International unit, Tim Schaaff, will step down at the end of the year, with Andy House taking on oversight of Sony's online platforms, which Schaaff has overseen, the company said Thur ...

  34. Morning Fix: WMG Realignment; Elections' Impact on Music Biz; Tim Schaaf Leaving Sony; Azoff Speaks Out

    November 08, 2012 8:20 AM EST Head HERE to subscribe to Billboard's Morning Fix and other free music-business news letters WARNER MUSIC REALIGNS STRUCTURE; CAMERON STRANG GETS BIG BOOST: Warner Music is restructuring and dividing itself into 3 divisions: frontline recorde ...

  35. Michael Paull Leaves Sony Music, Takes New Role at Amazon

    October 27, 2012 9:23 PM EDT Michael Paull, EVP of Sony Music's global digital business, has left the company for Amazon, a source confirmed to Billboard.biz. The source said Paull has already left the company and added that the parting was amicable. A report in All Thin ...

  36. Spotify Planning Launches in Italy, Poland and (Reportedly) Japan: What Are the Challenges?

    October 12, 2012 1:31 PM EDT Spotify is planning launches in Italy and Poland, judging from job postings at its web site, and according to a report Friday it's considering a launch in Japan in early 2013. The company has recently posted job openings for growth managers i ...

  37. Jerrod Niemann is 'Shinin'' bright

    October 08, 2012 5:59 AM EDT Niemann's new single rises as his sophomore set arrives. Jerrod Niemann's "Shinin' on Me" rises 18-17 on Billboard's Top Country Songs chart as sophomore set "Free the Music" arrives on Sea Gayle Records/A ...

  38. REO Speedwagon, Boz Scaggs Latest To Sue Sony Music Over Digital Downloads

    September 24, 2012 3:06 PM EDT Sony Music has been hit with more litigation over the way artists are compensated whenever consumers buy songs on iTunes and other digital outlets. Late last week, separate lawsuits were filed in New York federal court by REO Speedwagon and Willia ...

  39. Universal Music-EMI Deal Approved by European Union

    September 21, 2012 6:19 AM EDT European Union regulators today formally approved Universal Music Group's $1.9 billion acquisition of the recorded music unit of EMI Music. As expected, the approval is contingent upon divestments to limit the combined companies' market ...

  40. Clive Davis Autobiography Set For February Release

    September 12, 2012 11:22 AM EDT NEW YORK (AP) -- Music mogul Clive Davis will release an autobiography in February that will include "the excitements, the disappointments and the triumphs" of his career. Billboard Power 100: Clive Davis The untitled book will be releas ...

  41. Sony Introduces Inexpensive Tier for Music Unlimited Service

    August 29, 2012 4:22 PM EDT On Wednesday Sony Network Entertainment International announced a €4.99/US $4.99 per month tier, called "Access," to its Music Unlimited subscription service. Sony is employing a familiar marketing strategy by placing a premium on mobili ...

  42. Men in Black: The Musical? Sony Pictures Partners With Scott Sanders Theatrical Productions

    August 23, 2012 3:39 PM EDT Sony Pictures Entertainment Worldwide Music president Lia Vollack will oversee the new deal with Scott Sanders Theatrical Productions and has been given the added title of Executive VP, Theatrical. "Men in Black: The Musical," anyone? So ...

  43. L.A. Reid's Battle to Sign Britney Spears

    August 08, 2012 9:06 AM EDT A battle for Britney Spears is brewing. The pop star's recording contract with the former Jive Records (now RCA, a division of Sony Music) has one album left, and among those courting the chart-topper are L.A. Reid, chairman of Sony's Ep ...

  44. Inside EMI's Financials: A Healthy Core Business

    August 08, 2012 8:26 AM EDT The financial results released yesterday by EMI showed a company with healthy core businesses but hit hard by goodwill impairment charges triggered by the market valuations it received from the winning bids in the auction to sell the company. On N ...

  45. Whitney Hill Named SVP, Strategic Parnerships, Global Digital Business for Sony Music Entertainment

    August 07, 2012 12:52 PM EDT Whitney Hill has been promoted to Senior VP Strategic Partnerships, Global Digital Business for Sony Music Entertainment. The announcement was made by Sony Music's Michael Paull, Executive VP, Global Digital Business, who Hill will report to. ...

  46. Sony Music Names Jenifer Mallory VP International Marketing

    August 06, 2012 5:32 PM EDT Sony Music today announced that Jenifer Mallory has been promoted to Vice President, International Marketing, Sony Music Entertainment. In her new capacity Mallory will lead international marketing campaigns for Sony's U.S.-signed artists, co ...

  47. Sony Music's Quarter: A Closer Look

    August 02, 2012 6:22 PM EDT Sony Corp.'s music operations -- which consist of three separate companies, Sony Music Entertainment, Sony/ATV Music Publishing and Sony Music Entertainment (Japan) -- experienced a drop in sales and income as the music category posted 7.3 bi ...

  48. Sony Corp's Losses Grow, Cuts Earnings Forecast

    August 02, 2012 8:41 AM EDT TOKYO (AP) -- Sony's red ink worsened in the April-June quarter and it lowered its full-year earnings forecast as it battles a strong yen and declining sales of liquid crystal display TVs and video game machines. The Japanese electronics and ...

  49. Sony, Warner Music Settle $50 Million Bankruptcy Claims With Beyond Oblivion

    August 01, 2012 6:56 PM EDT The bankruptcy process doesn't get much more exciting than what's been happening with Beyond Oblivion, the ambitious digital music business that was backed by Rupert Murdoch's News Corp. and other investors to the tune of $87 millio ...

  50. Universal Music to Submit Divestment Package Within 24 Hours; May Offer to Sell Virgin, EMI Classics in Certain Territories

    July 16, 2012 2:17 PM EDT Within the next 24 hours, the Universal Music Group will submit a package of assets it expects to sell beyond the publishing assets (including the Koch and Brentwood Benson Christian catalogs) already announced earlier this year. According to mult ...

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