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Introduction

Electronics giant Sony Corp. has reported a steady start to the 2015 financial year for its recorded music division SME and publishing company Sony/ATV, the joint venture with the Michael Jackson Estate.

Highlights

  • All three of Sony’s music sectors (recorded, publishing and visual media) posted increased revenue year-on-year in the first fiscal quarter at current exchange rates. However, on a constant currency basis, Sony said its combined music sector income slipped 3%.

Features and Benefits

  • The research note details Sony Music Entertainment financials for the three months ending June.
  • The note assesses the performance of the music major's recorded music and music publishing divisions.

Key questions answered

  • How did Sony Music Entertainment perform financially in 2Q15?
  • On what has Sony based its prediction that it will return to full-year profit this financial year?

Table of contents

Ovum view

  • Summary
  • Mixed first fiscal quarter for SME
  • Modest performance for recorded music
  • Reported gains for Sony/ATV
  • Return to profit forecast for Sony Corp.

Appendix

  • Author

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