Sony Music Posts $1.6B in Quarterly Revenue as Streaming Jumps 35%

Sony’s global music operations — Sony Music Group and Sony Music Japan — grew 26% to 235.7 billion yen ($2.07 billion) from the prior year’s total of 187.11 billion yen ($1.79 billion), as streaming and other music income streams posted big gains for its fiscal third quarter, according to the company’s earnings report released Wednesday (Feb. 2).

Source: Sony Music Posts $1.6B in Quarterly Revenue as Streaming Jumps 35%

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