Thursday, April 24, 2014
Advertisement:
What is RSS/XML?
Subscribe to FMQB News.

Sony Music Reports Positive Fiscal Q3
February 9, 2013

Sony Corp. has announced its financial results for the multinational company's fiscal third quarter, which ended December 31. Overall, Sony reported a 10.7 billion yen (or $115 million) loss for the quarter, but this is a major decrease from a year ago, when Sony reported a 158 billion yen loss.

However, Sony Music Entertainment had a positive fiscal Q3, as its sales were up 2.3 percent to 126.4 billion yen (or approximately $1.453 million). This increase was in part attributed to the favorable depreciation of the yen against the dollar and growth in digital revenue, but partially offset by the continued contraction of the physical market. Operating income for Sony Music was also up for the quarter, to 16.4 billion (or $188 million).  Sony's best-selling releases in the quarter included One Direction’s Take Me Home, P!nk’s The Truth About Love, Celine Dion’s Sans Attendre and Alicia KeysGirl On Fire.




 
Breaking News
CC Media Holdings Reports Flat Q1 Results
SiriusXM Reports 11% Increase In Q1 Revenue
Nielsen Q1 Revenue Up 13%
Apple Reports Q2 Revenue Of $45.6 Billion
In Brief - April 24, 2014
FMQB FYI... Links You Should Know About
April 23, 2014
Jelli Launches Record Number Of Radio Stations On Its Ad Platform In Q1 2014
Matt Siegel Extends Contract With Kiss 108/Boston Through 2018
In Brief - April 23, 2014
April 22, 2014
CCM+E Announces New iHeartRadio Networks
Emmis Announces Investment in Funkmaster Flex
In Brief - April 22, 2014
April 21, 2014
Major Labels Sue Pandora Over Pre-1972 Songs
NBC And Clear Channel Celebrate Music's Biggest Stars At First Ever iHeartRadio Music Awards
Tanch Named Afternoon Host and APD At KHTP/Seattle
In Brief - April 21, 2014
April 17, 2014
Report: Two-Thirds See Radio As Local
L & L And Alpha Merge As Alpha Media
In Brief - April 17, 2014
FMQB FYI... Links You Should Know About
April 16, 2014
BIA/Kelsey Says "The Internet Radio Revolution Has Arrived"
In Brief - April 16, 2014
April 15, 2014
Alan Chartrand Named Market President For CCM+E-Boston
CBS Radio New York SVP Market Manager Don Bouloukos To Retire
Music News
Katy Perry Offers "Birthday" Surprise
Quick Hits: Lenny Kravitz, Nas, Nicki Minaj, Neil Young, Duran Duran & John Frusciante, Arctic Monkeys
Frozen Staves Off Arrival Of Four New Debuts
Quick Hits: Beyoncé & Boots, Coldplay, Wiz Khalifa, Saturday Night Live, Jack Johnson, Boston Calling Festival
Eminem, Pearl Jam & Outkast To Headline ACL Music Festival
FMQB Photo Pass: Christina Perri
Quick Hits: Lorde, Kings of Leon, Katy Perry, Jack White, Outkast
More Surprises At Coachella's Second Weekend
Quick Hits: Miley Cyrus, Prince, Gwen Stefani, Christina Aguilera, Guns N' Roses, Foo Fighters, Little Mix, Broken Bells, Maxwell
Prince And Warner Bros. Records Unveil New Partnership
Grohl & Novoselic Talk Nirvana's Hall Of Fame Night
Quick Hits: Coldplay, Forbes' wealthiest rappers, American Idol, Beck, The Whigs
AC/DC Will "Continue To Make Music"
Frozen Soundtrack Still Rock Solid In Sales
Quick Hits: Miley Cyrus, Jay Z & Beyonce, Made In America festival, Paul McCartney, The Who, Golden Gods Awards
FMQB NOW

Nick Petropoulos
Glassnote Entertainment
Group

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!