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Introduction

Electronics giant Sony Corp. has reported a slight fall in sales in the second quarter of its 2018 financial year for its music division, SME.

Highlights

  • Revenue from recorded-music sales and music publishing slipped year-on-year, and the gains from higher income from visual media and platform were unable to offset the declines.

Features and Benefits

  • Details SME's results for July to September 2018.
  • Examines the financial results for the recorded-music, music-publishing, and visual-media and platform sectors.

Key questions answered

  • What share of recorded-music sales in the quarter was generated by streaming?
  • Why did Sony increase the sales and operating income forecasts for the current financial year?

Table of contents

Ovum view

  • Summary
  • Modest second quarter for SME
  • Streaming gains unable to offset the buy-to-own declines
  • Flat quarter for music publishing

Appendix

  • Author