The comeback kid: HMV tops Amazon in UK physical sales October 29, 2018 British entertainment retailer HMV has staged a comeback in the face of Amazon’s increased dominance to become the largest physical music retailer in the UK. In the 12 weeks to 23 September, HMV experienced market share growth for the second consecutive quarter to a total of 28 per cent, according to data published today by [...]
Sony offers no concessions to EU regulators in $2.3bn EMI bid October 22, 2018 Sony has offered no concessions to the EU’s antitrust regulator in support of its $2.3bn (£1.8bn) bid for major record label EMI. Sony had not submitted any proposed concessions by last Friday’s deadline, the European Commission’s website showed today. Read more: EU sets October deadline to rule on Sony's takeover of EMI The Commission is [...]
EU regulator sets October deadline to rule on Sony’s EMI takeover September 25, 2018 Sony will find out by 26 October if its $2.3bn (£1.8bn) takeover of EMI Music Publishing will win approval from antitrust authorities. The European Commission set the provisional deadline after being formally notified of the deal on Friday. Sony is already a major shareholder in EMI, having bought 30 per cent of the firm [...]
What iPhone 6S? The mobile phone alternatives that prove there’s more to life than Apple September 8, 2015 SONY XPERIA Z3 Coming only six months after the Xperia Z2, this upgrade looks pretty similar from the outside, if slightly squatter and available in more colours. It’s waterproof and dust resistant, so if you’re an outdoorsy type or insist on keeping your phone in your back pocket when you go to the loo, you’re [...]
Fitch ups Sony investment grade status to positive August 18, 2015 Sony inched closer to returning to its investment grade status yesterday after ratings agency Fitch amended its credit outlook from “stable” to “positive”, indicating that a ratings upgrade may be on the horizon. The agency also affirmed its “BB” rating, three grades below investment grade. Efforts to restructure were key to Sony’s improving profitability, in [...]
Sony signs deal to make Emojis, the movie – coming soon to a cinema near you July 23, 2015 It was only a matter of time before this happened: Sony has signed a new deal to make a movie based on emojis, the colourful little smiley faces sand symbols embedded on your mobile device. Is a cash of thumbs up – or more a smiling pile of poo? We're not sure… Reports suggest the [...]
Average Seinfeld episode valued at $1m by Hulu in Sony Pictures deal April 29, 2015 Video streaming site Hulu is believed to have paid $180m for the rights to classic 90s sitcom Seinfeld. The site, which is expected to announce the acquisition at a presentation later today, acquired the rights to all 180 episodes from Sony Pictures Television, valuing each one at $1m on average, according to Variety. Other estimates [...]
Sony halves its stake in Olympus as accounting scandal is settled April 1, 2015 JAPANESE electronics giant Sony yesterday halved its stake in Olympus and is no longer its top shareholder, according to the camera and endoscope maker . Sony now owns five per cent of Olympus shares – worth ¥76bn (£430m) – compared with 10 per cent as of the end of September 2014, Olympus said in a [...]
Sony share price jumps following increase in operating profit March 17, 2015 Sony’s share price opened five per cent higher on the New York Stock Exchange on Tuesday, after the company revised its third-quarter operating profit up 2.2 per cent to 182bn yen (£1bn). The company increased its operating profit for the year from the originally reported 178bn yen, which it said was based on [...]
The PlayStation 4 and Xbox One could be biggest-selling consoles yet for Sony and Microsoft February 19, 2015 The PlayStation 4 is on course to match the success of Sony’s best-selling console the PlayStation 2, while Microsoft’s Xbox One could top the Xbox 360. A new report from technology consultant Strategy Analytics reveals that the games console industry is in fine health as total shipments grew 11 per cent in 2014 to [...]