Sony’s spent $1.4bn on music acquisitions in the last six months

Speaking at Sony Corporation‘s Investor Relations (IR) day May 27, Sony Music chairman Rob Stringer confirmed the $1.4 billion figure while also discussing Sony’s investment activities and the wider music market. Grilled by an investor about what Sony Music Group plans on spending its cash on going forward – and where geographically it plans on investing – Stringer responded “everything and anywhere”.

Source: Sony’s spent $1.4bn on music acquisitions in the last six months… and Rob Stringer’s not stopping there

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