Wednesday, January 25, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Releases New Chromebooks For Schools
Microsoft Announces Intune for Education And New Windows 10 PCs for School
Razer Updates The Razer BlackWidow Mechanical Gaming Keyboard
Europe Seeks Feedback on Commitments Offered by Amazon in e-book Investigation
Yahoo Sees Verizon Deal Closing in Second Quarter
Samsung Electronics Confirms High Q4 Profit on Record Chip Performance, Predicts Lower Figure in Q1
LG Display Reports Stellar Q4 Earnings And Profit
Pioneer BDR-S11J-BK BDR-S11J-X Ultra HD Blu-ray Burners Coming Next Month
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
Sony Unveils OLED TV, Visual And Audio Entertainment Products At CES
LG Display To Supply OLED Panels To Sony
Sony Audio and Video Products That Work With the Google Assistant on Google Home
Sony To Release More Mobile Phone Games In 2017, Announces Project Field Controller
Sony and SKY Perfect JSAT Demonstrated Live Simultaneous 4K-HDR and HD-SDR Broadcast
Sony to Release First PlayStation games For Smartphones Next March
Sony Profit Decreased On Battery Unit Sale
Sony Announces a Loss Related to the Transfer of Its Battery Business To Muratta
Sony To Establish New Imaging Products And Solutions Company
Sony To Release Smartphone Games in 2018
New Sony Compact RX100 V And A6500 Flagship Cameras Released
New Sony Flagship 4K and HD Action Cams Support Image Stabilization

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .