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...
Sony Group Corp.

Sony Eyes Acquisition of Kadokawa Corp.: A Strategic Move to Strengthen Entertainment Dominance

Sony Group Corp. is reportedly exploring a potential takeover of Kadokawa Corp., a renowned Japanese publisher and entertainment giant, in what could mark a significant expansion of its intellectual property (IP) portfolio. This move would further solidify Sony’s dominance in...