SNE - Sony Corporation
| Previous Close | 48.60 |
| Open | 48.65 |
| Bid | 0.00 x 800 |
| Ask | 69.99 x 800 |
| Day's Range | 48.29 - 48.68 |
| 52 Week Range | 35.51 - 53.91 |
| Volume | 624,056 |
| Avg. Volume | 1,233,758 |
| Market Cap | 61.548B |
| Beta | 1.71 |
| PE Ratio (TTM) | 12.48 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.20 (0.40%) |
| Ex-Dividend Date | 2017-09-28 |
| 1y Target Est | N/A |
- CNBC Videos•5 hours ago
Sony's EMI deal is part of its 'journey' into more conten...
Ray Wang of Constellation Research says the content piece is "very important" for businesses in the music services space.
- CNBC Videos•8 hours ago
This analyst says Sony is increasingly focused on content
Atul Goyal of Jefferies says Sony has stepped away from "commodity products" such as televisions and personal computers and is instead focusing on higher margin sectors which are an "oligopoly or duopoly."
Associated Press•1 hour agoSony invests in image sensors, acquires more of EMI Music
Electronics and entertainment company Sony Corp. said Tuesday it plans to invest 1 trillion yen ($9 billion) mostly in image sensors over the next three years, under a revamped strategy to strengthen both hardware and creative content. Sony also plans to buy for $2.3 billion a 60 percent stake in EMI Music Publishing, from Mubadala Investment Co. EMI has under its wing classics such as the Motown catalog and Queen, and contemporary artists like Kanye West, Alicia Keys and Pharrell Williams. Sony already owns 30 percent of EMI so once the deal is finalized, it will own 90 percent of the company.
- Reuters•2 hours ago
Sony to become world's No.1 music publisher with $2.3 billion EMI deal
Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming services. The acquisition, which gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia, is the biggest so far by new CEO Kenichiro Yoshida. The deal seeks to take advantage of the rapid growth in streaming music services like Spotify and Apple Music which has driven a recovery in the music industry.
- Reuters•2 hours ago
Sony to become world's No.1 music publisher with $2.3 billion EMI deal
Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming services. The acquisition, which gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia, is the biggest so far by new CEO Kenichiro Yoshida. The deal seeks to take advantage of the rapid growth in streaming music services like Spotify (SPOT.N) and Apple Music (AAPL.O) which has driven a recovery in the music industry.
Reuters•2 hours agoSony to become world's No.1 music publisher with $2.3 billion EMI deal
Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming services. The acquisition, which gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia, is the biggest so far by new CEO Kenichiro Yoshida. The deal seeks to take advantage of the rapid growth in streaming music services like Spotify (SPOT.N) and Apple Music (AAPL.O) which has driven a recovery in the music industry.
- Financial Times•3 hours ago
[$$] Sony signals return to spending after restructuring austerity
In outlining the company’s three-year business plan, Mr Yoshida on Tuesday stressed the company would focus on sustaining steady profits through subscription model businesses that offered recurring revenue, instead of just selling a Bravia television or a PlayStation gaming console.
Reuters•2 hours agoSony to become world's No.1 music publisher with $2.3 billion EMI deal
Sony Corp said on Tuesday it would pay about $2.3 billion (1.7 billion pounds) to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming services. The acquisition, which gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia, is the biggest so far by new CEO Kenichiro Yoshida. The deal seeks to take advantage of the rapid growth in streaming music services like Spotify (SPOT.N) and Apple Music (AAPL.O) which has driven a recovery in the music industry.
- The Wall Street Journal•4 hours ago
[$$] Sony to Buy Mubadala’s Stake in EMI Music Publishing
Sony expects to pay total cash consideration of about $2.3 billion and will assume EMI Music Publishing’s gross debt, which was about $1.36 billion at March 31. In 2012, Mubadala, Sony and the estate of Michael Jackson were part of a group that bought EMI Music Publishing from Citigroup Inc. for about $2.2 billion.
- Bloomberg•4 hours ago
Sony's New CEO Wants to Be Heard. Loud
A buyout of EMI Music Publishing makes a clear statement.
- Bloomberg•7 hours ago
Sony's New CEO Sets Low Bar With Conservative Mid-Term Targets
Sony Corp., once known for pushing the boundaries of technology, is starting to look a little bit boring under Kenichiro Yoshida. The new chief executive officer’s reputation as a stoic numbers guy was demonstrated on Tuesday when he unveiled mid-term targets for the first time as chief executive officer, predicting conservative profit growth across most divisions over the next three years as the company focuses more on content and services. The strategy announcement echoed results issued less than a month ago, when Yoshida gave an outlook for the current year that set a low bar and jolted investors.
- Bloomberg•7 hours ago
Sony's New CEO Sets Steady-as-She-Goes Mid-Term Targets
Sony Corp., once known for pushing the boundaries of technology, is starting to look a little bit boring under Kenichiro Yoshida. The new chief executive officer’s reputation as a stoic numbers guy was demonstrated on Tuesday when he unveiled mid-term targets for the first time as chief executive officer, predicting conservative profit growth across most divisions over the next three years as the company focuses more on content and services. The strategy announcement echoed results issued less than a month ago, when Yoshida gave an outlook for the current year that set a low bar and jolted investors.
- Reuters•8 hours ago
Sony says to pay $2.3 bln to make EMI Music consolidated unit
Sony Corp said on Tuesday it would pay about $2.3 billion to raise its stake in EMI Music Publishing to about 90 percent, resulting in a valuation gain of about 100 billion yen ($900 million). Wholly owned unit Sony Corporation of America will buy all of the roughly 60 percent stake in EMI Music held by Mubadala Investment Company, making it a consolidated subsidiary, it said in a statement.
- CNBC•8 hours ago
Sony to acquire Mubadala's stake in EMI Music Publishing in $1.9 billion deal
Sony said its wholly-owned subsidiary, Sony Corporation of America, reached an agreement to buy all of the interest in EMI Music Publishing that is currently held by Mubadala's consortium. Sony Corporation of America will acquire all of about 60.2 percent interest from the consortium for an acquisition price of approximately $1.9 billion.
- Bloomberg•9 hours ago
Sony to Buy Out EMI Music Publishing for About $2 Billion
Sony Corp. is buying EMI Music Publishing, getting its hands on a catalog of 2.1 million songs from Beyonce, Carole King and other artists as it embarks on a new growth plan built on content and services. The Japanese company will buy about 60 percent equity interest from a consortium led by from Mubadala Investment Co. for about $2 billion, Sony said in a statement. EMI’s extensive catalog will solidify Sony’s position as the largest music publisher amid a boom in streaming services that has fueled valuations for music copyrights.
- InvestorPlace•15 hours ago
Sony Corp (ADR) Is This Decade’s Underappreciated Turnaround
Among the so-called recovery stories, Sony Corp (ADR) (NYSE:SNE) is one of the more intriguing, and frustrating. Year-to-date, Sony stock is up over 7%. The optics were especially bad because in the year-ago quarter, Sony Corporation produced a 171% earnings surprise.
- Bloomberg•yesterday
New Sony CEO to Detail Shift Away From Gadgets in Mid-Term Plan
Sony Corp. is done working for peanuts in the hardware business. Kenichiro Yoshida, who took over as chief executive officer in April, is set to unveil a three-year plan on Tuesday that embraces Sony’s growing reliance on income from gaming subscriptions and entertainment. The transition is already happening: even though the company sold fewer hardware products such as televisions, digital cameras, smartphones and PlayStation consoles in the year through March, it was able to post record operating profit.
- Forbes•3 days ago
'Fortnite' Battle Pass Season 4, Week 4 Challenges Leaked (And They're Tough)
Fortnite's season 4, week 4 challenges have leaked, and there's one in particular players are going to hate.
- Forbes•4 days ago
Two Years Later, 'No Man's Sky' Is Finally Getting True Multiplayer In Its 'NEXT' Update
Of the many broken promises in the aftermath of the launch of No Man’s Sky, one that players would never stop bringing up was Sean Murray’s pre-launch statement that the game would let you run into other people out in the galaxy. When it was released, the ability to play with your friends or run into other players was nowhere to be found, but now, that’s about to change, almost two years later. July 24th brings both No Man’s Sky to Xbox One, and also its big NEXT update, which Hello Games promises is the largest one for the game to date.
- Forbes•4 days ago
Fortnite: Battle Royale's Solo Showdown Prize Pool: $11,210, March Revenue: $223 Million
Credit where credit is due, Epic’s idea for a Fortnite Solo Showdown is a genius idea. Not only because of how much hype it generates for game (interest level is crazy, judging by the views on this article in the past day), but also because they’ve done it so cheaply. Epic has listed out the prizes for the five day event where players will have 50 Fortnite games to rack up as many points as possible with high placements in Solo Showdown matches.
- Zacks•5 days ago
Japan's Economy Likely to Rebound: 5 Solid Buys
Given that the global economic outlook is bullish, exports are expected to rise in the second quarter and give Japan???s economic growth a solid push.
- Forbes•5 days ago
There's Something Inside The 'Fortnite' Meteorite That Created Dusty Divot
Epic is having fun with their highly modifiable game by adding not only new items like the FAMAS and apples to the game in weekly updates, but also by altering the map week-to-week as well. In addition to a few other changes around the map, the one that seems the most significant is the fact that the government has started drilling into the meteor/comet that hit Dusty Depot and created Dusty Divot and….something is inside.
- Forbes•6 days ago
Some Awesome New Superhero Skins Have Leaked For 'Fortnite: Battle Royale'
Thanks to some good old datamining, we have a fresh look at a new slate of cosmetics heading to Fortnite, including some truly awesome skins that players are certainly going to want to get their hands on. What are these?
- Forbes•6 days ago
Destiny 2's Polaris Lance Has (Kind Of) Arrived In Warmind
This week’s Destiny 2 reset brought something rather interesting with it, a new quest from Ana Bray, part of the “Nascent Dawn” questline that is leading uh…somewhere, I guess. Opening week of Warmind had part one, but now there’s a second phase of the quest you can get if you visit her again on Mars. This week’s quest has you collecting Valkyrie kills, which you can get pretty easily at any of the Warsat public events in either zone, and you can turn in Rasputin armory codes for more if you want.
- Forbes•7 days ago
Actually, 'Destiny' Is Good Again
Thanks to its Warmind DLC, Destiny is good again. Stop laughing, I'm serious.
