Sony, GIC to Invest Up to $3.8 Billion in Global Music Catalogues as Streaming Boom Drives Fierce Competition

Sony, GIC to Invest Up to $3.8 Billion in Global Music Catalogues as Streaming Boom Drives Fierce Competition

Sony Group and Singapore’s sovereign wealth fund GIC are forming a joint venture to acquire music copyrights, with plans to invest between US$2 billion and US$3 billion, according to people familiar with the matter. Under the partnership, Sony’s music division...
British pop star Ed Sheeran

Ed Sheeran Launches Global Loop Tour in Auckland as Tens of Thousands of Fans Flock to Go Media Stadium

Fans of Ed Sheeran are converging on Auckland’s Go Media Stadium as the global superstar launches the opening shows of his highly anticipated Loop Tour. The record-breaking British musician is performing two sold-out concerts in Auckland on Friday night and...