Apollo CEO Marc Rowan Shrugs Off Regulatory Concerns Over Paramount Bid: ‘These Paths Are Well Trodden' [Yahoo! Finance]
Sony Group Corporation American Depositary Shares (SONY)
Company Research
Source: Yahoo! Finance
Sony Pictures Entertainment is a wholly owned subsidiary of Japanese conglomerate Sony Group Corporation. Additionally, Apollo owns a minority stake in Cox Media Group, which owns 12 local U.S. TV stations in nine metro areas. The Federal Communications Commission has a 25% investment cap on foreign ownership in a U.S.-organized entity in which holds direct or indirect control in a “U.S. broadcast, common carrier, or aeronautical radio station licensee.” The FCC can grant an exemption to own more than 25% and up to 100% of stock of a U.S.-organized entity that holds a controlling interest in a common carrier or aeronautical radio licensee, unless it finds that such foreign ownership would not serve the public interest. When it comes to national television ownership , the FCC states there is no limit on the number of television stations a single entity may own nationwide as long as the station group collectively reaches no more than 39 percent of all U.S. TV households. “Look, r
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SONY
News
- Sony and Apollo Take Key Step in Bid for Paramount’s Assets [The New York Times]The New York Times
- AI music may be having a moment, but human songwriters would like a word [Yahoo! Finance]Yahoo! Finance
- AI music may be having a moment, but human songwriters would like a word [Fortune]Fortune
- Automotive Infotainment market is projected to grow at a CAGR of 6.3% by 2034: Visiongain [Yahoo! Finance]Yahoo! Finance
- Sony Music warns AI companies against ‘unauthorized use' of its content [Verge, The]Verge, The
SONY
Earnings
- 5/15/24 - Beat
SONY
Sec Filings
- 5/14/24 - Form 6-K
- 5/14/24 - Form 6-K
- 5/14/24 - Form 6-K
- SONY's page on the SEC website