Sony Music complete their acquisition of AWAL for $430m, as UK body CMA investigate the deal

Sony Music have completed their purchase of Kobalt’s AWAL and Kobalt Neighbouring Rights for $430 million.

New deal between Sony Music and NetEase disrupts Tencent’s hold on Chinese music

A fairer deal for the music industry in China? Tencent loses exclusive licensing agreement with Sony Music as NetEase Cloud Music and Sony sign a new distribution deal.

Sony Music Revenue Skyrockets Above $4.5bn in 2020

Sony Music saw its annual streaming revenues jump by 19.5% ($467m) by the end of 2020.

Sony Music sales up 8.7% thanks to a 38.4% increase in streaming revenue

If anyone’s worried the rise of music streaming is causing a drop in revenue they can take comfort in Sony’s new financial report, showing soaring profits. Sony Music have released their quarterly report for April…