Abu Dhabi Media Company invests in Vevo
Vevo has announced a new investor in the project.
Abu Dhabi Media Company has become the latest company to invest in this project which aims to launch before the end of the year.
Other investors in the company include Sony Music Entertainment and Universal Music Group.
Vevo CEO Rio [...]
Sony Music Entertainment invests in IODA
Sony has announced that their subsidiary Sony Music Entertainment has made an investment in the digital distributor of independent music IODA.
Sony added that this investment is purely strategic in nature as they aim to tap into the growing popularity of indie music and artists.
Sony said: “IODA is a natural [...]
Sony announces support for Vevo
Sony Music Entertainment has announced that they are joining the Vevo project.
Google and YouTube are the technology providers for Vevo which already has the blessings of Universal.
It is currently scheduled for launch later this year.
Not many details are available on how Sony would be contributing to this venture. They [...]
Reports: Sony Music Entertainment have renewed deal with YouTube
Market reports claim that Sony Music Entertainment has renewed their deal with Google owned video sharing service YouTube.
This deal would enable YouTube to continue hosting videos owned by Sony. This include artists like Beyonce and Avril Lavigne.
Warner Music Group is one of the major labels which has [...]
Sony gets permission to acquire stake in Sony BMG
EU regulators have now given their approval to Sony to acquire the stake owned by Bertelsmann in Sony BMG.
European Commission said in a statement that they do not believe that the deal would affect the market much.
The deal would make Sony the complete owner of the current [...]
