Sony

  1. Exclusive: Martin Bandier Names New Sony/ATV-EMI Executive Team

    July 10, 2012 5:59 PM EDT In the second week of its ownership stake in EMI Music Publishing, Sony/ATV has begun integrating the EMI staff into the Sony/ATV structure. As part of that, Sony/ATV Music Publishing chairman & CEO Martin Bandier announced his executive team ...

  2. Universal Music Group Tops Sony To Lead 2012 Mid-Year Market Share

    July 05, 2012 5:42 PM EDT The Universal Music Group continues its reign as the top U.S. distributor of albums and track-equivalent albums, finishing the first half with 30.15% share, which edges out Sony Music Entertainment's 29.93% share, according to Nielsen SoundSc ...

  3. Business Matters: Will Japan Warm Up To Sony Music Unlimited?

    July 03, 2012 4:56 PM EDT Will Japan Warm Up To Sony Music Unlimited? -- Subscription services haven't had much success in Japan. Napster Japan, a joint venture between Napster and Tower Records, failed to grow subscribers to a profitable in three and a half years of ...

  4. Updated: Sony-Led Group Closes Purchase of EMI Music Publishing

    June 29, 2012 10:54 AM EDT The Sony Corp. of America led investor consortium completed its acquisition of EMI Music Publishing today, just hours after the Federal Trade Commission issued a statement saying it closed its antitrust investigation of the $2.2 billion deal -- wh ...

  5. Kazuo Hirai, New Sony CEO/President, Meets Fear, Hope at Shareholder Meeting

    June 29, 2012 9:01 AM EDT TOKYO (AP) -- The record 9,000 shareholders that packed Sony's annual meeting was no cause for celebration. After four years of losses and a halving of the share price, some angry investors doubt even a new CEO can pull the entertainment and ...

  6. Sony Music Entertainment Appoints Adam Block As President, Legacy Recordings

    June 26, 2012 12:27 PM EDT Sony Music Entertainment named Adam Block as president, Legacy Recordings today, a promotion from his previous position as EVP and general manager of the imprint. He will report to Richard Story, president of Commercial Music Group, Sony Music Ent ...

  7. Sony Stock Dips Below 1,000 Yen, First Time Since 1980

    June 04, 2012 8:14 AM EDT TOKYO (AP) -- Sony's stock price fell below 1,000 yen Monday for the first time since 1980 in a symptom of weak global markets and the company's decline after huge success with the Walkman three decades ago. Battered by competition from ...

  8. Sony Overtaking Universal in Market Share? It Already Happened in March

    May 24, 2012 6:25 PM EDT If the media wants to write about the possibility of Sony Music Entertainment overtaking Universal Music Group in U.S. market-share rankings , maybe they should have done so when Sony actually accomplished that feat back in March , as detailed in ...

  9. Sony Music Unlimited, More Open Than Ever, Takes the iOS Plunge on Friday

    May 22, 2012 3:08 PM EDT Sony Music Unlimited for iOS, not pictured here, will likely have the same "offline mode" that allows this Android version to store music for playback without a data connection. When Sony Entertainment Network chief Tim Schaaf told Evolv ...

  10. Business Matters: Triton Media Helping Pandora Seem More Like a Radio Company

    May 21, 2012 5:48 PM EDT By Acting More Like Radio, Pandora Can Sell Advertising Pandora Media will become a successful Internet radio service by acting more and more like a radio company. In order to be a radio company, you need to use metrics common in the radio busines ...

  11. Columbia, Interscope, Universal Republic Artists Top Billboard Music Award Winners List

    May 21, 2012 12:00 AM EDT The label competition to rack up wins at the Billboard Music Award Show tonight turned out to be a two-horse race between Sony Music Entertainment and the Universal Music Group. Check Out All Our Coverage of the Billboard Music Awards Right Here S ...

  12. Barry Manilow On Highest Charting Since the 1970s, Dick Clark's Friendship, How to Write Hits

    May 16, 2012 11:30 AM EDT (Photo: Denise Truscello) "My life has been one big miracle." Reflecting on a career in which he been a regular presence on Billboard charts for close to 40 years, Barry Manilow has never taken his extraordinary success for granted. Two ...

  13. Sony Closes Indiana Distribution Center, Lays Off 226

    May 15, 2012 1:23 PM EDT Sony's layoffs keep piling up, as the company has plans to cut 226 jobs from its closing Fishers, Ind. distribution center, according to the Indianapolis Star . Sony CEO Confirms 10,000 Job Cuts, Reorganization The center is scheduled to shut ...

  14. Sony Sued as Songwriter Alleges Alabama Stole His Song, Label Didn't Collect Royalties

    May 14, 2012 4:30 PM EDT Australian singer-songwriter Allan Caswell is alleging in a lawsuit that the band Alabama stole its 1982 chart-topping hit, "Christmas in Dixie," from the song he penned as the theme for the 1980s Australian television soap, "The Pr ...

  15. Music Attorney Paul Marshall, Who Repped EMI, PolyGram, Atlantic & More, Dies

    May 14, 2012 1:16 PM EDT Paul Marshall, the legendary music attorney who brokered some of the most significant transactions the music industry has ever seen over his fifty-plus years in the entertainment law business, died May 10 in Aventura, Florida. He was 83. Marshall& ...

  16. Sony Reports $463 Million Music Profit While Parent Corp. Posts Record $5.7 Billion Loss

    May 10, 2012 7:53 AM EDT TOKYO (AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new president. Sony, h ...

  17. It's Official: Sony-Led Acquisition of EMI Music Publishing Approved by EU

    April 19, 2012 12:06 PM EDT Despite vigorous protests from independent label groups , the Warner Music Group and digerati organizations, the Sony Corporation of America-led consortium's acquisition of EMI Music Publishing sailed through the European regulatory process, ...

  18. Sony's Acquisition of EMI to Be Approved Today, Sources Say

    April 19, 2012 12:05 AM EDT According to multiple sources, the European Commission is expected to announce Thursday its approval of the purchase of EMI Music Publishing by the Sony Corp. of America-led consortium. The news was first reported in the Financial Times. That acqu ...

  19. Sony Plans To Cut 326 EMI Music Publishing Jobs Over Two Years

    April 18, 2012 1:03 PM EDT If the consortium led by Sony Corp. of America gets approval to acquire EMI Music Publishing, it would cut 326 positions over two years to achieve $70 million in net cost savings, according to a story by Ben Sisario published in the New York Times ...

  20. Business Matters: Is Music Still Core to Sony Corp's Mission?

    April 12, 2012 5:25 PM EDT Music May Be Losing Significance to Sony Sony Corp. wants to revitalize its electronics business, but how will it use music to get there? The company announced a transformation plan Thursday that includes shedding 10,000 jobs , or 6% of its global ...

  21. Sony CEO Confirms 10,000 Job Cuts, Reorganization

    April 12, 2012 8:06 AM EDT Faced with mounting losses, Sony Corp. said Thursday it will slash 10,000 jobs , or about 6 percent of its global workforce, and try to turn around its money-losing TV business over the next two years. New CEO and President Kazuo Hirai outlined hi ...

  22. Sony Doubles Red Ink Forecast to $6.4 Billion, Worst Loss Ever

    April 10, 2012 7:56 AM EDT TOKYO (AP) - Sony Corp. more than doubled its projected annual loss to 520 billion yen ($6.4 billion), its worst red ink ever, due to a massive tax charge. With new CEO Kazuo Hirai at its helm, the Japanese electronics company said Tuesday it expe ...

  23. Margeaux Rawson Appointed SVP of Operations for Sylvia Rhone's New Label, Audacious Music

    April 09, 2012 5:01 PM EDT Margeaux Rawson has been appointed senior vice president of operations for Sylvia Rhone's new label through Epic , which sources say will be called Audacious Music. Rawson was formerly SVP of media relations for Universal Motown, a post she h ...

  24. Sony to Cut 10,000 Jobs Worldwide: Report

    April 09, 2012 7:51 AM EDT Sony Corp. will cut about 10,000 jobs worldwide over the next year as it tries to return to profit, Japanese news reports said Monday. The Nikkei business daily and other media said Sony's decision to slash 6 percent of its work force comes a ...

  25. Exclusive: Timothy Xu Named Sony Music's CEO, Greater China

    April 04, 2012 7:44 AM EDT Sony Music has appointed former EMI exec Timothy Xu to helm its activities in the Greater China region, Billboard.biz can reveal. Xu has been named CEO of Sony Music Entertainment, Greater China, with responsibilities for China, Taiwan and Hong Ko ...

  26. Exclusive: Front Line's Irving Azoff Talks Fair, Palmese Hires; Insists 'We're Not a Record Label'

    April 03, 2012 3:29 PM EDT Once more, with feeling, from Front Line CEO Irving Azoff: "We're not a record label." The company is, however, more well-stocked with label-executive resources, since it announced on Monday the hiring of producer/exec Ron Fair and ...

  27. Irving Azoff's Front Line Management Hires Ron Fair, Richard Palmese

    April 02, 2012 7:16 PM EDT Front Line Management Group announced it has signed record label executives Ron Fair and Richard Palmese to consultancy jobs. Fair, a music producer, was formerly president of both A&M and Geffen Records chairman, while Palmese was executive V ...

  28. Aretha Franklin Signs With ICM

    April 02, 2012 5:07 PM EDT Legendary soul singer Aretha Franklin has signed with International Creative Management (ICM) in all areas. She was previously with William Morris Endeavor . The Queen of Soul, an 18-time Grammy winner, has had 20 No. 1 hits on Billboard's R& ...

  29. 'Weird Al' Yankovic Suing Sony Music For $5 million

    March 30, 2012 8:27 PM EDT "Weird Al" Yankovic, through his company Ear Booker Enterprises, is suing Sony Music Entertainment for $5 million. The complaint alleges that Sony Music took improper and duplicate recoupments, which resulted in royalty under payments. I ...

  30. It's Official: Michael Lynton Named CEO of Sony Corp. of America, Nicole Seligman President

    March 29, 2012 3:49 PM EDT Sony Corp. made it official Thursday: Michael Lynton has formally been named CEO of Sony Corp. of America and Nicole Seligman will become president. The promotions will become effective June 27. Lynton will remain chairman and CEO of Sony Pictures ...

  31. Sony/ATV Names Rob Wiesenthal President of International

    March 29, 2012 3:20 PM EDT Rob Wiesenthal has been named president of international at Sony/ATV Music Publishing, the company announced today. Wiesenthal, who was formerly executive VP/CFO at Sony Corp. of America and chief strategy officer for Sony Entertainment, will be b ...

  32. California Attorney General's Office Making Inquiries About EMI Music Sale: Report

    March 28, 2012 9:05 AM EDT California Attorney General Kamala Harris is making legal inquiries about the planned sale of EMI, according to two sources cited by Bloomberg . The sale of the company's recorded-music operation to Universal Music and its publishing to a Son ...

  33. Sony/ATV Offers Unspecified Concessions to European Union in EMI Music Publishing Deal

    March 27, 2012 3:49 PM EDT BRUSSELS (AP) - A group of investors led by Sony has offered concessions to the European Union to get approval for its deal to buy part of iconic British music company EMI, the bloc's competition regulator said Tuesday. Sony/ATV, a joint vent ...

  34. Sony BMG Files Motion To Dismiss Toto's Digital Music Lawsuit

    March 27, 2012 10:54 AM EDT Major record labels continue to fight recording artists on the issue of compensation for digital downloads. Most recently, The Temptations filed perhaps the biggest lawsuit on this front yet. Meanwhile, Sony BMG, which just agreed to pay $8 millio ...

  35. Aretha Franklin Celebrates 70th Birthday, Re-Signs With Clive Davis

    March 26, 2012 8:05 AM EDT Aretha Franklin has a lot more than her 70th birthday to celebrate: She's reuniting with one of her musical mentors, Clive Davis, for a new album. In an interview at her swanky birthday party on Saturday, Franklin said she and Davis, who help ...

  36. Michael Lynton Expected to Become CEO of Sony USA: Sources

    March 21, 2012 3:54 PM EDT Sony Pictures Chairman & CEO Michael Lynton is expected to become CEO of Sony Corporation of America, as part of current Chairman/CEO/President Sir Howard Stringer's hand-off of his responsibilities on April 1. As previously reported, Str ...

  37. Martin Bandier Signs Long-Term Contract To Remain Chairman/CEO of Sony/ATV

    March 19, 2012 8:29 AM EDT Martin Bandier has signed a long-term contact extension to remain as chairman and CEO of Sony/ATV Music, according to the company. Terms of the deal were not disclosed. In the five years since joining Sony/ATV, the company said Bandier had grown t ...

  38. Sony Pays $8 Million to Settle Digital-Music Lawsuit With Cheap Trick, Allman Bros., Others

    March 08, 2012 6:30 PM EST The list of musicians suing major record labels over digital music revenue has grown during the past few months. At issue in these cases is what musicians should get when a customer on a digital outlet like iTunes buys a song or album. Soon, in a ...

  39. Monkees' Albums Sales Gain 1,265% Following Davy Jones' Death

    March 08, 2012 1:18 PM EST Following the death of the Monkees' Davy Jones on Feb. 29, the pop group returns to the Billboard 200 albums chart for the first time since 2003. Davy Jones and the Monkees' Billboard Chart Legacy "The Best of the Monkees" re-e ...

  40. Alleged Michael Jackson Catalog Thieves Claim Innocence

    March 07, 2012 2:17 PM EST LONDON - Two Michael Jackson fans accused of stealing unreleased music by the late King of Pop from Sony's computers are confident they can prove their innocence in court, their lawyer said Wednesday. Solicitor Karen Todner said James Marks a ...

  41. Ricardo Montaner Signs Recording Deal With Sony

    March 05, 2012 10:40 AM EST On The Dotted Line... (from left) Afo Verde, Sony's Chairman and CEO for the Latin Region, Spain and Portugal; Sony's head of legal affairs Barry Fiedel; Sony Music U.S. Latin general manager NIr Seroussi; and Ricardo Montaner. Venezuela ...

  42. Michael Jackson's Unreleased Tracks Among 50,000 Songs Stolen From Sony By Hackers

    March 05, 2012 6:58 AM EST Hackers have reportedly stolen more than 50,000 music files from Sony Music, including Michael Jackson's entire back catalog and a large number of unreleased songs from the late King of Pop. According to British newspaper The Sunday Times, th ...

  43. It's Official: Mike Dungan Appointed Chairman & CEO of Universal Music Nashville

    February 29, 2012 12:42 PM EST As Billboard.biz exclusively reported last week, Mike Dungan -- no. 85 on Billboard's recent "Power 100" list -- has been appointed chairman & CEO of Universal Music Nashville Entertainment, the company announced in a statement ...

  44. Andre Stapleton Named VP of Digital Biz Dev for Sony Music Entertainment

    February 28, 2012 4:30 PM EST Andre Stapleton has been named Vice President, Worldwide Business Development, Global Digital Business, Sony Music Entertainment, the company announced in a statement today. Michael Paull, Executive Vice President of the department, said, "In ...

  45. Impala Reiterates Its Opposition to EMI Publishing/Sony Merger

    February 28, 2012 3:25 PM EST Independent rights group Impala is reiterating its opposition to Sony's acquisition of EMI Music Publishing from Citigroup. Tuesday's statement comes a day after Sony officially notified the European Commission's antitrust regulator ...

  46. Toto Suing Sony For Online Royalty Payments

    February 27, 2012 4:00 PM EST Add Toto to the list of heritage acts suing their labels for not treating download sales as a license arrangement, which require 50% of net proceeds to be paid to the band, according to a lawsuit filed in the U.S. District Court for Southern New Y ...

  47. Whitney Houston's Colleagues Remember: Don Ienner, Roy Lott, Sylvia Rhone, Wyclef Jean & More

    February 17, 2012 3:45 PM EST When Whitney Houston passed away on Feb. 11 in Beverly Hills, Calif at the age of 48, she left behind a classic body of work that included seven mullti-platinum albums that showcased her powerhouse vocals. Here, Billboard got in touch with many of ...

  48. Diamanda Galas Slams Clive Davis Over Handling of Whitney Houston's Career; Rep Calls Comments 'Inaccurate and Offensive'

    February 16, 2012 6:30 AM EST Singer Diamanda Galas went after Clive Davis on her Facebook page yesterday over the executive's handling of the late Whitney Houston's career, calling him "a colossal pig." According to Galas, Houston "should have been al ...

  49. Video: Whitney Houston With Clive Davis, Brandy, Monica During Grammy Rehearsals Thursday

    February 15, 2012 4:29 PM EST This brief video captures a moment, apparently during interviews around Grammy rehearsals last Thursday, where Whitney is saying a quick goodbye to Brandy, Monica and her mentor, Sony's Clive Davis. Much of what was said is unintelligible, bu ...

  50. Photos: Adele's Post-Grammy Party, With Pitbull, Alicia Keys, Kelly Clarkson, Howard Stringer, Doug Morris, More

    February 13, 2012 6:45 PM EST From Left: Steve Barnett, Chairman/COO, Columbia Records; Adele; Rob Stringer, Chairman/CEO Columbia Records; Doug Morris, CEO, Sony Music Entertainment. (Photos: Sony) After winning six Grammys at the ceremony, Adele celebrated with her Sony Musi ...

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