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Introduction

Sony Corp. has reported financial details for its music division SME for the final quarter and full year ending March 2017.

Highlights

  • Total revenue increased year on year in the three-month and 12-month periods. Operating income grew in the quarter but fell in the full year. Each of the three music sectors experienced differing fortunes with only visual media and platform generating higher earnings in both periods at reported currency rates.

Features and Benefits

  • Details the final quarter and full-year financial results for SME
  • Assesses revenue by source and evaluates the performance of each company sector.

Key questions answered

  • What share of recorded-music revenue for SME is generated by streaming?
  • Why does Sony believe revenue for SME will fall in the financial year ending March 2018?

Table of contents

Ovum view

  • Summary
  • Visual media boosts SME's performance
  • Mixed results for recorded music and publishing
  • Improved quarter for music publishing

Appendix

  • Author

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