|Bid||46.19 x 900|
|Ask||46.20 x 1000|
|Day's Range||46.01 - 46.47|
|52 Week Range||35.67 - 53.91|
|PE Ratio (TTM)||11.91|
|Forward Dividend & Yield||0.20 (0.40%)|
|1y Target Est||74.08|
The rollout of Fortnite’s new type of item, backpacks, has been a bit odd, as the new addition, jetpacks, are a limited time item, which is unusual for the game, and another one was accidentally released into the wild early. If so, what other functionality might backpacks have in Fortnite?
Activision Blizzard’s (ATVI) digital revenue accounted for 74% of its total revenue in the first quarter. Electronic Arts (EA) and Take-Two Interactive (TTWO) have managed to increase their digital revenue, driven by the industry-wide transformation toward digital gaming. Digital revenue accounted for 74% of total revenue in fiscal 2016, and this figure rose to 79% in fiscal 2017.
Sony's Playstation 5 has been whispered about for years, essentially ever since the Playstation 4 came out back in 2013. The whispers, however, are intensifying: there are rumors of development kits already out it in the wild, of big games being made with the new hardware in mind, of business strategies that would seem to require new hardware. This is inevitable: hardware manufacturers gotta manufacture hardware, and nothing drums up business like a new machine.
Moody's Investors Service ("Moody's") said EMI Music Publishing's (the trade for "MTL Publishing LLC") B1 Corporate Family Rating (CFR), existing debt ratings and stable outlook are not immediately impacted by Tuesday's announcement that Sony Corporation (Baa2 stable) via its wholly-owned subsidiary, Sony Corporation of America, has agreed to purchase a 60% equity stake in the company for $2.3 billion (includes the cost for stock warrants and management incentives) to become EMI Music Publishing's controlling shareholder. For further information, please visit www.moodys.com.
Sony’s new chief executive has positioned data and artificial intelligence at the centre of its survival strategy, warning that the likes of Amazon and Google pose an existential threat to the Japanese technology and entertainment group.
TOKYO—Don’t hold your breath for the fifth-generation PlayStation. Corp. wants to spend three more years readying its next videogame move, the head of the PlayStation business said Wednesday. The PlayStation 4 went on sale in 2013 and has sold more than 79 million units.
Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's largest music publisher in an industry that has found new life on the back of streaming services. The acquisition is the biggest strategic move yet by new CEO Kenichiro Yoshida and gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia. The deal is part of Yoshida's mission to make revenue streams more stable with rights to entertainment content - a strategy that follows a major revamp by his predecessor which shifted Sony's focus away from low-margin consumer electronics.
No one was expecting the Switch to be as wildly successful as it has. While NTDOY stock is already up a quick 16% so far in 2018, Nintendo stock has traded sideways since mid-January. Could that change going forward and is NTDOY stock actually a screaming-good buy right here?
By acquiring EMI's catalog, Sony gets more than 2 million songs from legends like Frank Sinatra and David Bowie.
Japanese tech giant Sony Corp. ( SNE) has agreed to buy a 60% stake in EMI Music Publishing, which owns rights to or administers over 2 million songs by artists like Kanye West, Alicia Keys, Queen, Frank Sinatra and David Bowie. Sony will pay total cash consideration of about $2.3 billion and will assume EMI Music Publishing's gross debt, which was roughly $1.36 billion at the end of March, buying out a group of investors led by the U.A.E. sovereign wealth fund Mubadala. In 2012, Mubdala, Sony and the estate of Michael Jackson were part of a group that acquired EMI Music Publishing from Citigroup Inc. ( C), for $2.2 billion.