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Introduction

Sony Corp. has reported a rise in sales in the third quarter of its 2019 financial year for its music division Sony Music Entertainment.

Highlights

  • Sony Corp. has reported a rise in sales in the third quarter of its 2019 financial year for its music division SME. The company said that the increase was largely down to the consolidation of EMI Music Publishing (EMI MP) in its music publishing business in November 2018 as well as higher income from global streaming sales.

Features and Benefits

  • Details the latest financial results for SME.
  • Analyzes sales for SME's recorded-music and music publishing divisions.

Key questions answered

  • How did SME's recorded-music and music publishing divisions perform in the final three months of last year?
  • Which revenue sources boosted overall revenue for SME?

Table of contents

Ovum view

  • Summary
  • Positive third quarter and calendar year for SME
  • Streaming gains offset modest decline in buy-to-own formats
  • Publishing sales benefitting from EMI MP consolidation

Appendix

  • Author