Sony Music Profits Strong Despite Parent Company Loss
SONY MUSIC SCORES PROFITS: In the wake of Sony’s worst-ever annual earnings report, revealing a loss of $5.74 billion, Sony Music, which incorporates SME (the record labels), Sony/ATV (music publishing) and Sony Music Japan, actually turned an operating profit of $450 million on sales of $5.4 billion, thanks to U.S. label marketshare domination and Adele's massive smash, 21. Last month, new Sony CEO Kazuo Hirai announced the company will cut 10,000 jobs and spend $1 billion on restructuring. As this is being written, The Today Show is teasing the NBC special Adele Live in London with Matt Lauer, airing Tuesday, June 5, at 8 p.m. ET/PT. The show will feature a sit-down interview with Matt Lauer as well as six performances from her previously released Adele Live at the Royal Albert Hall DVD. (5/10p)
STAGECOACH: THE FINAL DESERT EXCURSION
Our weary travelers reflect on their adventure. (4/30a)
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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BILLIE'S BACK WITH BIG WORLD TOUR
