skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Global Search Configuration


Electronics giant Sony Corp. has reported a fall in sales in the third quarter of its 2018 financial year for its music division SME. Despite a big rise in publishing revenue, a fall in revenue from recorded-music sales and visual media and platform more than offset the publishing gains.


  • At constant exchange rates, Sony said there was a negative exchange rate impact of JPY0.1bn in the period and so at a constant currency measure, total sales were down 4.1%.

Features and Benefits

  • Details the third-quarter financial results for Sony Music Entertainment.
  • Explains the changes in different revenue streams and how the company performed in the 2018 calendar year.

Key questions answered

  • What share of recorded-music sales were generated for Sony Music by streaming in the final quarter of 2018?
  • What caused operating income for Sony Music to more than double in the quarter?

Table of contents

Ovum view

  • Summary
  • Mixed third quarter for SME
  • Streaming gains fail to offset the buy-to-own declines
  • EMI MP acquisition boosts music publishing revenue


  • Author

Recommended Articles

  • Consumer & Entertainment Services

    Telco loyalty programs are about more than improving churn

    ByNicole McCormick 07 Mar 2018

    Loyalty programs have long been held as key to indirect monetization for the communications service provider. Upcoming research from Ovum has verified that notion – loyalty schemes improve Net Promoter Scores (NPS – a measure of brand perception) and can help improve churn. They can also lead to net additions growth and can even earn revenues for the operator.

  • Service Provider Markets

    5G is here – almost – with the launch of Verizon 5G Home

    ByMike Roberts 01 Oct 2018

    Verizon 5G Home is a milestone in the telecoms market because it is the first large-scale commercial launch of broadband services based on 5G technologies, albeit not on a fully standardized version of those technologies.

  • Consumer & Entertainment Services, Service Provider Technolo...

    When Netflix runs out of steam

    ByRob Gallagher 05 Dec 2018

    Never underestimate the power of one big idea – and one company's ability to deliver on its promise. But no single idea has infinite potential. Sooner or later, Netflix will need to look beyond the limits of its current business model.


Have any questions? Speak to a Specialist

Europe, Middle East & Africa team - +44 (0) 207 017 7700

Asia-Pacific team - +61 (0)3 960 16700

US team - +1 646 957 8935

Email us at

You can also contact your named/allocated Client Services Executive using their direct dial.
PR enquiries - Call us at +44 788 597 5160 or email us at

Contact marketing -

Already an Ovum client? Login to the Knowledge Center now