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Sony Music
Sony Music Entertainment (SME), commonly known as Sony Music, is an American multinational music company owned by Sony Entertainment and managed by the American umbrella division of multinational conglomerate Sony Group Corporation. It is the recording division of the Sony Music Group, with the other half being the publishing division, Sony Music Publishing. Founded in 1929 as American Record Corporation, it was acquired by the Columbia Broadcasting System in 1938 and renamed Columbia Recording Corporation. In 1966, the company was reorganized to become CBS Records. Sony bought the company in 1991 and renamed it SME. In 2004, Sony and Bertelsmann established a 50–50 joint venture known as Sony BMG to handle the operations of Sony Music and Bertelsmann Music Group (BMG), but Sony bought out Bertelsmann's stake 4 years later and reverted to using the 1991 company name. This buyout led to labels formerly under BMG ownership, including Arista, Jive, LaFace and J Records into f ...
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Metropolitan Life North Building
The Metropolitan Life North Building, now known as Eleven Madison, is a 30-story art deco skyscraper in the Flatiron District adjacent to Madison Square Park in Manhattan, New York City, at 11-25 Madison Avenue. The building is bordered by East 24th Street, Madison Avenue, East 25th Street and Park Avenue South, and was formerly connected by a sky bridge and tunnel to the Metropolitan Life Insurance Company Tower just south of it. The North Building was built in three stages on the site of the second Madison Square Presbyterian Church. Construction started in 1929, just before the onset of the Great Depression. Originally planned to be 100 stories, the North Building was never completed as originally planned due to funding problems following the Depression. The current design was constructed in three stages through 1950. As part of the Metropolitan Life Home Office Complex, the North Building was added to the National Register of Historic Places on January 19, 1996. History ...
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FY (fiscal Year)
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day that ...
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Bertelsmann
Bertelsmann SE & Co. KGaA () is a German private multinational conglomerate corporation based in Gütersloh, North Rhine-Westphalia, Germany. It is one of the world's largest media conglomerates, and is also active in the service sector and education. Bertelsmann was founded as a publishing house by Carl Bertelsmann in 1835. After World War II, Bertelsmann, under the leadership of Reinhard Mohn, went from being a medium-sized enterprise to a major conglomerate, offering not only books but also television, radio, music, magazines and services. Its principal divisions include the RTL Group, Penguin Random House, BMG, Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments. Bertelsmann is an unlisted and capital market-oriented company, which remains primarily controlled by the Mohn family. History 1835 to 1933 The nucleus of the corporation is the ''C. Bertelsmann Verlag'', a publishing house established on July 1, 1835 by ...
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Penske Media Corporation
Penske Media Corporation (PMC) () is an American digital media, publishing, and information services company based in Los Angeles and New York City. It publishes more than 20 digital and print brands, including ''Variety'', ''Rolling Stone'', '' WWD'', ''Deadline Hollywood'', '' Billboard'', ''Boy Genius Report'', Robb Report, ''Artforum'', ''ARTNews'', and others. PMC's Chairman and CEO since founding is Jay Penske. History Founding and early years of Penske Media Penske Media Corporation was founded by Jay Penske in 2003. It began as an affinity marketing and internet services company called Velocity Services, Inc. The company acquired the Mail.com domain and was renamed to the Mail.com Media Corporation (MMC). By 2008, the company owned digital entertainment properties like OnCars.com, Hollywoodlife.com, ''Movieline'', and MailTimes in addition to operating the Mail.com portal and email service. In mid-2008, the company received a $35 million growth equity round of financin ...
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Rolling Stone
''Rolling Stone'' is an American monthly magazine that focuses on music, politics, and popular culture. It was founded in San Francisco, San Francisco, California, in 1967 by Jann Wenner, and the music critic Ralph J. Gleason. It was first known for its coverage of rock music and political reporting by Hunter S. Thompson. In the 1990s, the magazine broadened and shifted its focus to a younger readership interested in youth-oriented television shows, film actors, and popular music. It has since returned to its traditional mix of content, including music, entertainment, and politics. The first magazine was released in 1967 and featured John Lennon on the cover and was published every two weeks. It is known for provocative photography and its cover photos, featuring musicians, politicians, athletes, and actors. In addition to its print version in the United States, it publishes content through Rollingstone.com and numerous international editions. Penske Media Corporation is the c ...
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Sony Music Publishing
Sony Music Publishing (formerly Sony/ATV Music Publishing) is the largest music publisher in the world, with over five million songs owned or administered as of end March 2021. US-based, it is part of the Sony Music Group, which is itself owned by Sony Entertainment. The company was formed as Sony/ATV in 1995 by the merger of the original incarnation of Sony Music Publishing and ATV Music, which was owned by entertainer Michael Jackson. Jackson had purchased ATV Music, which included the Lennon–McCartney song catalog, in 1985. In 2012, an investor consortium led by Sony/ATV Music Publishing acquired EMI Music Publishing to become the largest music publishing administrator in the world, with a library of over three million songs. In April 2019, Jon Platt became CEO/Chairman of Sony/ATV Music Publishing after the contract of longtime CEO/Chairman Martin Bandier expired. In August 2019, management of Sony/ATV Music Publishing and Sony Music Entertainment were merged under the ne ...
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Sony
, commonly stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's largest manufacturers of consumer and professional electronic products, the largest video game console company and the largest video game publisher. Through Sony Entertainment Inc, it is one of the largest music companies (largest music publisher and second largest record label) and the third largest film studio, making it one of the most comprehensive media companies. It is the largest technology and media conglomerate in Japan. It is also recognized as the most cash-rich Japanese company, with net cash reserves of ¥2 trillion. Sony, with its 55 percent market share in the image sensor market, is the largest manufacturer of image sensors, the second largest camera manufacturer, and is among the semiconductor sales leaders. It is the world's largest player in the premium TV market for ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Sony Corporation Of America
Sony Corporation of America (SONAM, also known as SCA), is the American arm of the Japanese conglomerate Sony Group Corporation SONAM, headquartered in New York City, manages the company's US-based businesses. Sony's principal U.S. businesses include Sony Electronics, Sony Pictures Entertainment, Sony Interactive Entertainment and the Sony Music Group (divided in the Sony Music Entertainment and Sony Music Publishing). It was reported in December 2016 by multiple news outlets that Sony was considering restructuring its U.S. operations by merging its television and film business, Sony Pictures Entertainment, with its gaming business, Sony Interactive Entertainment. According to the reports, such a restructuring would have placed Sony Pictures under Sony Interactive's then CEO, Andrew House, though he would not have assumed day-to-day operations of the film studio. According to one report, Sony was set to make a final decision on the possibility of the merger of the televis ...
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Sony Entertainment
Sony Entertainment, Inc. is an American entertainment company established in 2012. It focuses on most of Sony's motion picture, television and music businesses. It is a subsidiary of the Japanese Sony Group Corporation, managed by Sony's American subsidiary, Sony Corporation of America. History On March 30, 2012, Michael Lynton, co-chairman and CEO of Sony Pictures Entertainment (SPE), was named as CEO of Sony Corporation of America to oversee all of Sony's global entertainment businesses and Nicole Seligman, Executive Vice President and General Counsel of Sony Corporation, was named as president.Michael Lynton Named CEO of Sony Corporation of America; Nicole Seligman to Become SCA President
sonypictures.com, Retrie ...
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Music Industry
The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, represent and supply music creators. Among the many individuals and organizations that operate in the industry are: the songwriters and composers who write songs and musical compositions; the singers, musicians, conductors, and bandleaders who perform the music; the record labels, music publishers, recording studios, music producers, audio engineers, retail and digital music stores, and performance rights organizations who create and sell recorded music and sheet music; and the booking agents, promoters, music venues, road crew, and audio engineers who help organize and sell concerts. The industry also includes a range of professionals who assist singers and musicians with their music careers. These include talent managers, artists ...
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List Of Sony Music Labels
This is a list of record labels owned by, or associated with Sony Music. According to Sony Music official site, the main labels are Columbia Records, RCA Records, Epic Records, Arista Records, Legacy Recordings, Sony Music Latin, Sony Masterworks, Provident Label Group, and Sony Classical, as well as the Nashville divisions of Columbia, RCA, Epic, and Arista. Columbia Records * 30th Century Records *Alamo Records * Daft Life *Hypnotize Minds *i am OTHER * Startime International *Reach Records Epic Records *DC Flag Records * Battery Records *So So Def Recordings *Bad Boy Records * Vested In Culture *Freebandz *Mosley Music Group * Droxzy Alliance Recording RCA Records *RCA Inspiration *GospoCentric Records *Verity Records *ByStorm Entertainment *Nappy Boy Entertainment *Polo Grounds Music * ASAP Worldwide *Kemosabe Records *Roswell Records Sony Music Nashville *Arista Nashville *Columbia Nashville *RCA Records Nashville Provident Label Group *Brentwood Records *Benson Recor ...
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