Sony Music reported a record $3.15 billion in quarterly revenue, underscoring continued strength across its recorded music and publishing divisions. The figure marks one of the company’s strongest quarters on record, according to Music Business Worldwide’s weekly round-up.
Also featured this week is Influence Media Partners’ $600 million transaction with Anthem, part of the ongoing wave of catalog and rights deals reshaping music investment. The round-up compiles these and other major stories from across the industry over the past several days.
Read the full story at Music Business Worldwide.