Friday, January 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Canon May Invest In Toshiba's Chip Business
Samsung To Explain What Caused The Galaxy Note 7's ban In Press Event
Nintendo's 'Fire Emblem Heroes' Smartphone Game features in-app Purchases
Fujifilm X-T20 Features New 24MP Sensor and 4K Video Capture
Samsung Begins Rollout of Android 7.0 Nougat
European Commission Welcomes Steps Taken by Amazon, Audible and Apple to Improve Competition in Audiobook Distribution
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 .