Thursday, September 29, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Offers $2.5 Million to Advance Conversational Artificial Intelligence
Raspberry Pi Upgraded With A Visual Overhaul Called Pixel
E FUN Nextbook Ares 11 2-in-1 Android Tablet Costs Just $179
Micron Opens Fab 10 Singapore NAND Flash Memory Fabrication Facility
Qualcomm in Talks to Buy NXP
Microsoft Creation New Artificial Intelligence and Research Group
Game of Thrones Enhanced Edition Comes To iBooks
Automakers Showcase Their Electric Vehicles At 2016 Paris Motor Show
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Sony To...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, December 24, 2013
Sony To Sell Gracenote To Tribune


Sony has entered into an agreement to sell all of the shares of Gracenote, Inc., which is a wholly-owned subsidiary of Sony Corporation of America, to Tribune for $170 million subject to standard adjustments.

Gracenote maintains a database of music data that?s used by streaming media services, mobile apps and in-car entertainment systems for finding and recommending tracks and providing information about them to listeners. Apple and Spotify are among its customers.

With 550 million look-ups per day and metadata about more than 180 million tracks, Gracenote?s database is the largest source of music data in the world, according to Gracenote.

Tribune owns the Chicago Tribune, the Los Angeles Times, other newspapers, and numerous TV stations.

Sony expects to record a gain within operating income of approximately $60 million at the completion of the sale, based on the above sale price, subject to standard adjustments.

Sony included an anticipated gain from this sale in the forecast for the fiscal year ending March 31, 2014, which was announced on October 31, 2013.

Sony expects this sale to close prior to March 31, 2014.




Previous
Next
Samsung Expected To Showcase Larger Tablets, Galaxy Gear 2 At CES 2014        All News        Acer Appoints ex-TSMC Executive New CEO
Japanese Government Says Baidu Software Tracks Typing     General Computing News      IBM Cryptography Invention Enables Unlimited Analysis of Encrypted Data

Get RSS feed Easy Print E-Mail this Message

Related News
New Sony Flagship 4K and HD Action Cams Support Image Stabilization
Sony Unveils Its New Products at IFA 2016
Sony Unveils 4K Movie Streaming Service For PCs
Games Outweigh Sagging Sensors For Sony
New Sony 4K Ultra HD TVs Released In The U.S.
Sony Ups Sales Goals For Games Ahead of VR Launch
Sony Recalls VAIO Laptop Computer Battery Packs
Sony Xperia X Series Coming to the United States
Sony Sees Flat Annual Growth Due To Recent Quake Damages
Sony Improves Commercial LED Display Concept With New CLEDIS Technology
Sony Joins Forces with Cogitai to Conduct Research and Development for Artificial Intelligence
Sony To Resume Wafer Processing Operations After Earthquake

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .