sony Archives - Thee Arizona Times

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Fatal Crash in Surprise Leaves One Dead, Another Injured
6 months ago6 months ago
CEO of UnitedHealth Group’s Insurance Unit Shot Dead in Midtown Manhattan: Police Investigate Targeted Attack
6 months ago
Biden’s Pardon of Hunter Biden May Set the Stage for Trump’s Future Use of Clemency Power
6 months ago6 months ago
Tempe Police Arrest Driver for Hit-and-Run After Teen Struck by SUV
6 months ago
Tempe Police Arrest Three in Connection with Deadly Thanksgiving Day Shooting
6 months ago
Surprise Police Citizen Patrol Receives International Recognition, Honored by City Council
7 months ago

Sony Reports Double-Digit Growth, but Streaming Revenue Shows Slower Increase

Thee Arizona Times10 months ago10 months ago04 mins

As reported by Music Business Worldwide earlier today (August 7), Sony’s global music rights operation experienced double-digit growth in calendar Q2 (fiscal Q1), with revenues rising 11.4% year-over-year (YoY). However, a closer look reveals a slower growth rate in Sony’s recorded music streaming revenue, which increased by just 5.0% YoY when adjusted for US dollars….

Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports

Thee Arizona Times1 year ago03 mins

Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements to explore a potential bid for Paramount’s assets, but they are reconsidering the initially planned all-cash offer of $26 billion. Paramount has been facing challenges from industry strikes, soft advertising market, and declining cable subscriptions, prompting discussions with other studios.