UPDATE 3-Sony in $2.3 bln deal for EMI, becomes world's biggest music publisher [Reuters]
SONY CORP (SNE)
Last sony corp earnings: 10/31 04:02 pm
Check Earnings Report
US:NYSE Investor Relations:
sony.net/sonyinfo/ir
Company Research
Source: Reuters
Sony in $2.3 bln deal for EMI, becomes world's biggest music publisher | Reuters 4 Min Read TOKYO (Reuters) - Sony Corp ( 6758.T ) said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s largest music publisher in an industry that has found new life on the back of streaming services. The acquisition is the biggest strategic move yet by new CEO Kenichiro Yoshida and gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia. The deal is part of Yoshida’s mission to make revenue streams more stable with rights to entertainment content - a strategy that follows a major revamp by his predecessor which shifted Sony’s focus away from low-margin consumer electronics. “This investment in content intellectual property is a key stepping stone for our long-term growth,” he told a news conference. The spread of the internet led to a shrinking of the music market from around 1999 to 2014, Yoshida said, but added tha
Show less
Read more
Impact Snapshot
Event Time:
SNE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SNE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SNE alerts
High impacting SONY CORP news events
Weekly update
A roundup of the hottest topics