Sony Music and Games Q2 Growth Helped Offset Declines in Movies and TV

Posted onOctober 28, 2021AuthorrightstechLeave a comment

Revenues for Sony’s music and games division saw growth in the second quarter of 2021, but the company is still struggling with pandemic-related troubles for its pictures division, company executives said in an earnings call Thursday morning.

Source: Sony Music and Games Q2 Growth Helped Offset Declines in Movies and TV

This site uses Akismet to reduce spam. Learn how your comment data is processed.

One of the more striking aspects of the conversation around Musk’s pursuit of Twitter, including from Musk himself, has been its U.S.-centric focus. Much of the discussion has been framed against the backdrop of the U.S. culture war and the ersatz controversy over so-called cancel culture, such as around whether Musk will invite U.S. figures like Donald Trump, Katie Hopkins and Alex Jones to rejoin the platform after they were banned by the previous management for violating Twitter’s policies on hate speech and disinformation. Yet Twitter is a global platform. Read More …

The peak TV wave has crested and is now breaking. The urgent question facing Netflix and the rest of the SVOD field is whether it can figure out how to keep swimming, or get swamped in the surf. Read More …

It’s only Monday, but the Worst Idea of the Week Award (Early Decision) goes to: the GOP-controlled Kentucky state legislature, for its override of Governor Andy Beshear’s veto of a bill that will allow local politicians to appoint anyone they want to library boards and block major library spending. Read More …

The solons behind the various library e-book bills may harbor a sincere, good-faith belief that they were merely supporting state-supported free public libraries and protecting consumers. But the striking similarity among the bills in multiple smacks of an orchestrated campaign to create new law on digital redistribution of copyrighted works on a state-by-state level without having to confront the federal Copyright Act head-on. Read More …

Peter Jansson, who since 2014 has served as senior manager of international music publishing within Disney Music Group, acknowledged the far-reaching financial effects of the Russia-Ukraine conflict in a message…

2022 shaping up as banner year for catalog deals Read More …

According to estimates from Insider Intelligence (previously eMarketer), Amazon Music will surpass Pandora this year to become the music streamer with the second most number of users in the U.S….

Back in October of 2021, Spirit Music Group owner Lyric Capital launched a $500 million catalog fund with Northleaf Capital Partners. Now, Spirit Music has acquired the song rights of country…

The Connecticut bill is similar to efforts in other states now underway, in that it would require publishers who offer an e-book to consumers in the state to also offer to…

Spotify’s once-heady stock has now tumbled below its opening price in 2018, with potentially further downward pressure ahead. In Wednesday (February 23rd) trading, Spotify stock (SPOT) dropped below its symbolic…

Paul Sweeting @ConcurrentMedia·

13h

Steve Aoki & Snoop Dogg to Airdrop Singles From Forthcoming EP To NFT Holders https://rightstech.com/2022/05/steve-aoki-snoop-dogg-to-airdrop-singles-from-forthcoming-ep-to-nft-holders/

Reply on Twitter 1528817067180294145 Retweet on Twitter 1528817067180294145 Like on Twitter 15288170671802941451 Twitter 1528817067180294145

Paul Sweeting @ConcurrentMedia·

16h

Music Web3 startup Highlight raises $11m from backers including Three Six Zero, WME https://rightstech.com/2022/05/music-web3-startup-highlight-raises-11m-from-backers-including-three-six-zero-wme/

Reply on Twitter 1528767480801505282 Retweet on Twitter 1528767480801505282 Like on Twitter 1528767480801505282 Twitter 1528767480801505282

Paul Sweeting @ConcurrentMedia·

16h

Walt Disney Has a Problem: Disney+ Is Costing It a Fortune https://rightstech.com/2022/05/walt-disney-has-a-problem-disney-is-costing-it-a-fortune/

Reply on Twitter 1528766457710002176 Retweet on Twitter 1528766457710002176 Like on Twitter 1528766457710002176 Twitter 1528766457710002176

Paul Sweeting @ConcurrentMedia·

16h

The Era of Borderless Data Is Ending https://rightstech.com/2022/05/the-era-of-borderless-data-is-ending/

Reply on Twitter 1528765120846909440 Retweet on Twitter 1528765120846909440 Like on Twitter 1528765120846909440 Twitter 1528765120846909440