Tuesday, July 31, 2018
Sony + Spotify
Please click the link below, read the article and summarize in One-Two Paragraphs whether or not this is ground breaking in the world of tech and entertainment, based on the details in the article. DO NOT COPY AND PASTE!!!!! I actually read these :)
- Ms. Sanders
https://money.cnn.com/2018/07/31/technology/sony-earnings-spotify/index.html
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I don't think that Sony and Spotify would be ground breaking, unless it was free. There is so many music apps these days, and making one better than the rest would just make it better its not like Spotify will get better or EMI will be great and the rapture will come. To me its just a way to listen and stream music and if it makes it easier then yes it will be great but I don't think it will change anything other than what people use to listen to music. It will be the same music same artist just a different app that people would either use more or less it really wouldn't matter. thats where I stand with this but thats just what I think, I think in all Sony and Spotify together will not affect anything other than probably how much money they get.
ReplyDeleteI think it is breaking in the world of tech and entertainment. I think its breaking because Sony is signing these artist to make more revenue then Apple. Sony is trying to make revenue to cashing out Spotify and signing big name artist to become the top music business. Sony is making more money everyday by signing big name artist.
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ReplyDeleteSony has staked a lot of investment into the music industry in an attempt to move away from the hardware industry. Sony has invested more than 2.3 billion dollars, owns the rights to over 4.5 billion songs, and has so far made a 768 million dollar return on their investment. For the music industry, this is breaking news since Sony is now a major player in the music business. However for normal people, this news doesn't really matter much since it doesn't affect our ability to listen to our favorite songs. Sony's remaining stock in Spotify is still worth 862 million dollars and Sony will remain a key player in the entertainment industry for years to come.
ReplyDeletethe article is telling that Sony has spent $2.3 billion to published. I think it is breaking because Song trying to crashing Spotify business down to make more money.
ReplyDeleteSpotify isn't all that because you cant skip the songs. Both companies could have been making more money if the songs was free. Both of the companies are making good money and are breaking the news and worldwide.
ReplyDeleteI believe that this is not groundbreaking for technology and music entertainment. People are going to listen to music regardless. It won't change the fact that they get millions of streams, but they will earn a lot more profit. With Sony owning shares of Spotify, it brings more music streams. Sony will begin to earn more revenue with Spotify now.
ReplyDeleteI think both of the music apps are good .They both have the same artists same music its just an different apps .Also Spotify is not free and its trying to get more money off of Sony .Also there are lots of music apps such as soundcloud and spinrilla Spotify just trying to get better by adding more things .I dont think its breaking because it would be an free app .
ReplyDeleteSony has made millions of dollars off of Spotify. Spotify is an app to stream and listen to music. Sony's music library has up to 4.5 million songs stored. Sony is trying to get into the music industry and move away from making other appliances. Sony spent 2.3 billion dollars to take control of the company.
ReplyDeleteI think that Sony & Spotify is ground breaking in the world of technology because Sony is a Japanese owned company that has made billions since it opened back in the day. Now it is big for a company to go public in Wall Street and it brings more money and shareholders. For Sony to have the most shares in a American made company which is ranked #2 under the most viewed app to listen to music is big. Now not only do they buy shares of Spotify but they sell them and get revenue back .(Smart Move). In an Article it said “ Sony has generated over $768 Million from selling its 5.7% stake in Spotify”. So , Sony cashing in on Spotify stake is a big deal in the world of technology and a good business strategy
ReplyDeleteThe world of tech and entertainment is both beneficial to both companies. However, it is groundbreaking to each of it's own and the management that is placed in companies like Sony that is shared worldwide. There are shared profits and current ownership that is below 5% meaning there is some connection towards the investment they have made. There are many publishing music companies such as this one and has expanded over the years. Sony has many access to 4.5 million songs after spending $2.3 billion to take control of the publishing company back in May. After going for the long run, their enlargement service is still the the largest music entertainment business in the world and to artists that have their music to perceive.
ReplyDeleteThe article Sony is cashing in on its big stake in Spotify is very ground breaking in the tech and entertainment world. Sony is an known tech company and has about "$862 million worth of Spotify shares". If this doesn't say something then just look at the Spotify company they used streaming music on our phones a big hit in the tech world and entertainment. Sony didn't just stop at buying Spotify shares they also brought Kayne West music publisher EMI. Which changed Sony music library by boosting Sony's numbers. Sony even said "increase in recorded music sales due to an increase in digital streaming revenues." When we mixed the tech and entertainment world ground breaking things just happen.
ReplyDeleteThis is very ground breaking in the world of technology and the music world as well. Spotify grants you free music on demand with limited ads.This allows free access through the whole app its self..... Music producers also benefit from this app.. it keeps them up to date on the latest music without charge and it help them stay up to date on what type of sounds people like to hear... by having music chart albums such as Rap Cavir
ReplyDeleteI feel that it is going to break in the world of tech and entertainment. i feel that its going to breaking because sony is signing artist everyday to make more money. after a while spotify will be the number one selling music out better than apple and any other app that comes out. sony and spotify did good working together to beat apple now its about to pay off!
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ReplyDeleteI don't feel as though this will be groundbreaking. Many people see spotify as just another music app, which isn't surprising considering how many there are. Sony trying to get more involved in the growing popularity of the music industry isn't surprising either, considering many others are starting to do the same. Sony would have to make some serious changes or power moves to do something groundbreaking. It's also nothing new to see Sony trying to branch out as much as possible, due to it being a monolithic company.
ReplyDeleteI believe that Sony and Spotify is ground breaking . I believe it is because Spotify is being used more and more all around the world everyday . With Sony being with Spotify it makes the app better, even with there being so many different music apps . Also Sony is making a lot of money on Spotify because of all the big artist who's music they are streaming .Although some people may still be using other music apps such as iTunes and soundcloud , a lot more will be using Spotify . Not to mention Spotify has many songs that other music apps don't have . So like I said before , I do believe that Sony and Spotify will be ground breaking .
ReplyDeleteI think this wouldn't break the the world of entertainment. In the article it states that Sony seeks to shift away from making hardware like TVs and stereos and to become a major audio company. Sony doing this would just make them another major audio company competing with others. By Sony accomplishing their goal I don't think there will be a huge gain in money.
ReplyDeleteThis article is very ground breaking in the world of entertainment because it could change the way streaming music is viewed. Big companies such as Sony has 862 million dollars worth of Spotify shares. Knowing this other companies might start investing in other streaming music apps.
ReplyDeleteSony is a very big company that specializes in many domains such as, electronics, movies, product support and the well known, PlayStation. Knowing that it is aiming to take control over the music industry is ground breaking, it has access to over 4.5 million songs after it's loss of $2.3 billion just to own it. Sony is already popular from the playstation that took the attention of many gamers, but now it is aiming for music lovers, artists and those who enjoy tuning to their favorite songs. Sony is stepping up it's game and is expanding it's domains little by little.
ReplyDeleteSony is signing artist to make revenue the iTunes. They are paying artist billions of dollars. Sony has about 4.5 million songs in store. Sony is free I think. There are lot of other music apps but I think Sony and Spotify will be ground breaking. Also Sony has spent 2.3 billion dollars to publish there app back up in mahy.
ReplyDeleteSony and Spotify wouldn be a great pair. Both company's made lots of money and are popular. Sony would pay off more for everything they have in use for every app they made and not trying to rip off others.
ReplyDeletePersonally I do think this groundbreaking for the Music Business. Sony already has Big artist such as Beyonce, Justin Timberlake,and DJ Khaled. There competing with Apple with trying to buy out Spotify for 768 Million Dollars Apple is already on top with Itunes with music with every you could think of.Sony is went all out with paying 2.3 Billion Dollars for Kanye West for music EMI. Saying that it will share profit from selling Spotify shares with it artists and music labels. Also, increasing in ditgal streaming revenues with in the EMI catalog increases Sony's music library to 4.5 million songs. So, yes this very ground breaking for the tech and music world.
ReplyDeleteSony+Spotify is ground breaking the music industry in many ways. Sales are going up and artist are getting bigger off this platform. Streaming of songs are going up extremely off these platforms mean more money for the company and the artist and more clout.
ReplyDeleteWhat Sony and Spotify isn't ground breaking anything the real reason Spotify is popular is because its free and that nobody is willing to pay for a premium which is why everyone is wasting data instead of actually pay for a app. The only thing ground breaking is how cheap people can be and if we see something free how we use that to not pay for something extra.
ReplyDeleteSony and spotify is groundbreaking for the music industry. Sony already have many good artist such as Beyonce, Justin timberlake, and Dj khaled, and the streaming of songs is going up. Sony is competing with apple to buy out spotify for a large amount of money while apple has already took over it with itunes so sony is trying to invest in the right artist for music such as kanye west to share the profit from selling spotify share.
ReplyDeleteSpotify and Sony is a ground breaking. Spotify has gotten big artist like Beyoncé, Kanye, and Justin Timberlake to stream there music which is raising Spotify a lot more money.also apple is tryin to buy out Spotify for 768 million dollars.
ReplyDeleteSpotify has generated 768 Million from selling 5.7% of stakes in Spotify. This only includes only a fifth of its stakes during Spotify's Wall street debut in April, Which valued the Company at 26.5 billion at the time. The share price of Spotify closed at 149.01, This gave Spotify a great market value. After selling stakes Spotify only has about 862 million worth of Spotify shares but its not obliged to disclose any further.
ReplyDeleteSpotify's market value increases thanks to the popularity of streaming services in Sony's music business, Including the most popular Artists.
This article is ground breaking in the world of technology since this company is making loads of money off of singers. When a song goes viral, it helps boost sony's business. Sony’s ownership with spotify is below 5% and makes around $862 million worth of spotify shares. Sony’s revenue growth has been strong for four quarters in a row, which helps them share more profits with music labels and artists. Sony may start to not make stereos and TVs anymore due to their success.
ReplyDeleteI think this is ground breaking in the world of tech and entertainment. I say this because Sony has put an enormous amount of money towards certain things that gives them awesome results in return. Entertainment will continue to improve because other industries are not wasting any time with trying to make their company bigger and better. Sony Music has opened up to offer big things and also new artist which would make other industries want to come up with something that is even better. For example, Sony still has millions worth of Spotify shares so Sony gets half of whatever Spotify gets.
ReplyDeleteI think this is groundbreaking. Spotify is home to many big names and when Sony took the risk of investment it ultimately paid of. As streaming became more and more the norm Spotify blew up. When you think Sony, you don't automatically think of the music industry but that might change in the future.
ReplyDeleteThis is an achievement but it is not groundbreaking. With the amount of music apps these days (many of them offering free music) it is gonna be hard for these other big platforms to keep up. A lot of many is being put into these two companies and that's because they offer music from really big artist which many people wanna hear. But again other apps like "Soundclould" or "Musi" are giving you the same music for free. Yes they are doing good now but what about in the future?
ReplyDeleteSony is expanding their company from the gaming systems and electronics, and is moving over to the entertainment world. Sony and Spotify is ground breaking news because Sony is offering bigger and better artist than any other company. Sony is making more money than ever now because when a song go viral on their site they are getting paid.
ReplyDeleteIn my opinion from the information i have read over from the article, I believe this is ground breaking in the world of tech and entertainment. By sighning bigger artist sony music is getting more attention mean while spotify shares the profit that was made with the artist and labels sony does not.
ReplyDeleteThis is ground breaking in the world of tech and entertainment. Spotify is a high listen app that people use to listen to music. With Sony being involved with them, this will only lead to amazing results in the future. Sony can also help Spotify with stuff to make Spotify better. This is why I say this is ground breaking in the world of tech and entertainment.
ReplyDeleteAdonis Butler-the article is very ground breaking. Sony has put in big amounts of money into this investment. The outcome is always great and their company will continue to grow.
ReplyDeleteSony and Spotify is very ground breaking in the world of tech. Sony wants to get away from TV's and stereos and is looking to get into streaming. Sony gave away large amount of money to get copyrights for Spotify. What their doing is revolutionary for the time.
ReplyDeleteThis article is informing us about the moves that Sony is making. Sony use to own 862 million dollars worth of Spotify's stock. Now that Sony owns less than 5%, they can no longer take the money. Sony is starting to move toward the music buisnees and is stepping away from the creating of TV's and sterio systems. They have bout EMI and spent 2.3 million on Kanye's music.
ReplyDeleteThis shows how far they are trying to take this EMI also had the rights to Beyonce and dj Khalid's music. This is a very good investment since things are now not going so well with Spotify.
I think this is ground breaking in the world of tech and entertainment. I say this because Sony would be closer to being as you could say "a step ahead" of apple. Sony is one of the best entertainment companies because of it's video games, tv's, speakers, etc... but, it really has not been known for anything else. With Sony cashing in on Spotify, it would add more to the cash market value of Sony as well making Sony a lot more valuable then it is.
ReplyDeleteApple has their share of profit too, but they are only known for iPhones and computers...the iPads have fell off and have not been that popular in recent years. Sony may have the upper hand now that Sony has done this which may make it more valuable then Apple, but Sony is going to have to do one more thing or something. else big that is going to help it get even larger than it is now.
This is me...
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ReplyDeleteThis article is ground breaking because Sony is trying to expand their music industry. "Sony had spent $2.3 billion to take control of the publishing company back in May. Bringing in the EMI catalog increases Sony's music library to about 4.5 million songs." These investments will cause the company to grow from just technology.
ReplyDeleteI think Spotify has generated 768 Million from selling 5.7% of stakes in Spotify. That includes only a fifth of its stakes during Spotify's Wall streets. I don't think its breaking because it will be free app. Both of the companies are making good money and going worldwide.
ReplyDeleteI don't think this will be groundbreaking at all. Sony is just trying to get more popularity because of how much music apps are gaining. Many other apps or companies are starting to get into music such as apple by making apple music or instagram by allowing you to put music over your stories. Companies are recognizing that music is the future and that it will make them money so they are making investments and including it in apps to gain the attention of people on the internet.
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ReplyDeleteIn my personal opinion, I believe that this is really groundbreaking in the world of entertainment and tech. Sony is going to launch Spotify into a higher ceiling like never before. Both Spotify and Sony are big companies, and to put these two powerhouses together, we are going to see something from both of them we have never seen before in the future.
ReplyDeleteI think its ground breaking because Sony invested in Spotify and now is making millions off of the investment.Sony still has about $862 million worth of Spotify shares. But with its ownership now below 5%. Artist will put their music on Spotify instead of iTunes because Sony and spotify while they are partners not only will both of them make money, more artist will get recognized and make more money also.
ReplyDeletethe article is very shocking to the tech and entertainment world. In my opinion I feel that is very unfair that Sony gets half of whatever Spotify makes but at the same time Sony is a very successful entertainment/technology industry and is worth millions of dollars.
ReplyDeleteMichael Corrales- Sony has invested a huge amount of money into Spotify and it paid off. They will see huge advances in their money supply towards technology and upgrading further towards the future. This won't be ground breaking but it will be a significant rise in technology in the market as for shares comes and for sony to invest their new earnings to technology.
ReplyDeleteThis article is groundbreaking in the world of tech and entertainment. Sony has gotten big named artists to work with them. They paid 2.3 billion for Kanye West's music publisher EMI. That gave them a huge boost in their industry for sure. Sony still has about $862 million worth of Spotify shares. Streaming of songs are going up quickly off these platforms. Therefore, that means more money for the company and the artist.
ReplyDeleteI think this is great because more artists will get more money so more music for there fans.Plus the music is free unlike a service like Apple Music.Sony will be around longer because they are getting out of the tv business which is a dying thing.With 4.5 million songs fans will never get bored.
ReplyDeleteI think that this is very groundbreaking in the tech and entertainment world. Sony is trying to break away from making hardware so what better way than to own Spotify.They have already increased the music library by 4.5 million songs.
ReplyDeleteI think this is ground breaking because Sony has invested millions into many artist, and these artist are bringing in great revenue. Since Sony owns less than 5% and makes millions off of Spotify shares, that's a plus for both companies. Sony music has also brought up more opportunities as far as new artist and greater rates. Instead of completely transforming the company the have created a way to make it better with a few tweaks. Moving away from making stereos, and machinery might be a better solution.
ReplyDeleteTrying to poses at least partial ownership over smaller companies is just one common way big companies like Sony to gain more money. While this benefits both Sony and Spotify, it is still a big risk. So far, Sony has paid more money than they have gained, that means no profit. So have they really done a good thing? Is this really ground breaking? Most of us already know how big Sony already is, and how many diverse fields of industry they own. So this really is not a loss for Sony. In my opinion, I would say this is ground breaking, but to actually know, only time will tell.
ReplyDeleteThis article is absolutely ground breaking in the world of tech and entertainment. It's ground breaking because due to Sony having ownership below 5% and making an average of $862 million dollars in its Spotify shares. Sony then puts that money towards other investments like the estate of Michael Jackson to gain more streams and control the rights of music with technology for the entertainment business. It does this for artists like Alicia Keys, Beyonce, Kanye West, DJ Khaled, and etc. Sony made this adjustment in stocks to shift from making TVs and stereos and the fact that they made these accomplishments is incredible.
ReplyDeleteI think that it is ground breaking that Sony and Spotify are splitting their profits. There has been an increase in music sales due to the slitting of profits. This has benefitted the artists and the companies.
ReplyDeleteI believe this is groundbreaking in both technology and entertainment. Sony has increased pressure on Apple and its competitors with these investments and it will more than likely result with a counter-investment by its oppositions. Though, companies like Apple and Microsoft have a strong grip on technology advancements in today's society, Sony's little risk, big reward, decision to slow down television and appliance production could be the beginning of a long competition with both powerhouses in terms of technology and entertainment. As for advancements musically, artists are now able to post their music on multiple apps, if they were to sign with Sony or Spotify, which throws even more jabs at Apple Music to make bigger moves. Otherwise, growth and revenue is destined to grow and Sony, Spotify, and EMI, will begin to get closer and closer to matching Apple Music in total profit. This competition that Sony has commenced a time perfect for major technology and entertainment advances.
ReplyDeleteIn my opinion, Sony & Spotify are both groundbreaking in world tech and entertainment.Not only because because Sony gained a huge amount of money off Spotify, they also took a risk of investing a huge amount of money into it which gave a positive outcome by gaining more money and making artist have the chance to get their music heard.
ReplyDeleteI feel as if this is extremely ground breaking because its still rising up getting bigger.The company is getting away from the classic stuff and doing something a little more different.
ReplyDeleteSony and Spotify are ground breaking for the music industry. Sony is expanding their business. They are investing millions in music. This investment in paying off. It is helping their company grow.
ReplyDeleteI feel that it is ground breaking, because of the amount of money Sony is investing into Spotify. Sony has almost 900 million of Spotify's shares. They are doing all of this just to get music. But it's some how worth it because they are getting all this new music. They are expanding Spotify users. But I don't think it's very fair they get half of what they earn because Sony wants what they have.
ReplyDeleteSony has a big bet in SPOT. Sony has about 862 million dollars of Spotify. Popular online services have boosted Sony's music sales, with singers such as Beyoncé, DJ Khaled, and Justin Timberlake. Thanks to this, Sony's revenue has skyrocketed for four consecutive quarters. That has helped Sony's music sales increase dramatically. Sony has increased its investment in the music industry as it seeks to switch to hardware like TV. Sony paid $ 288 million for Michale Jackson's real estate for its stake in EMI. This move made Sony EMI a subsidiary of Sony. Sony spent $ 2.3 billion to control the publishing company that put EMI into Sony's music library sales of about 4.5 million songs.
ReplyDeleteI think that it is groundbreaking because Sony is making a ton of money according to what the article is saying. They're investing millions upon millions of dollars into Spotify so that it can grow their business; it will also benefit music artists in selling their music and the people who are buying those songs/playlists.
ReplyDeleteSony is one of the biggest names in the tech world today. Spotify is also one of the biggest music providers and has a large music library and fans from all around the world. Sony already has 5.2% of Spotify’s company. If Sony and Spotify combine it is no telling what the power of both of their companies could do.
ReplyDeleteSony is one of the biggest names in the tech world today. Spotify is also one of the biggest music providers and has a large music library and fans from all around the world. Sony already has 5.2% of Spotify’s company. If Sony and Spotify combine it is no telling what the power of both of their companies could do.
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ReplyDeleteSony and Spotify are both major companies used my millions so Sony buying into the company can make them grow even further then they have. It is groundbreaking in the world of tech and entertainment because of the many things they can happen with them working with each other. The future looks even brighter for these 2 companies and the influence they make can definitely effect the future.
ReplyDeleteHonestly I don't feel like this is ground breaking. The only reason I feel this way is because Spotify can get as popular as ever but the premium is free. If Spotify premium became free that would be ground breaking. I really never used Sony music so I really can not say much about it. The only ground breaking thing about this situation is seeing these two companies grow.
ReplyDeleteFor Sony to have a stake in another major service like Spotify is not ground breaking. Both of these companies are worth hundreds of millions, and billions of dollars. By having a stake in Spotify, Sony is simply just making another "money move" to earn millions more for itself. These 2 corporations working together is just a collaboration project. If they were to create another product to allow its users to stream more music, or upload more content in an easier manner, this would be ground breaking.
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ReplyDeleteIn my opinion I don't think this is a ground breaking in the world of tech and entertainment. The reason I feel this way is because people can still listen to the music for free on YouTube. I don't use these apps because it usually cost money for just to listen to the songs and I listen to a lot of music. While I do download songs songs on my phone I never use Spotify or Sony so I can't give a thorough explanation about it. This actually the first time I heard about them so I really don't know what to think about it. Though based on the passage I think this is not a groundbreaking.
ReplyDeleteI think it is ground breaking for those artist or tech entertainers that need to use copyright and editing with music. However, for the rest of the world this isn't a big deal because their are other ways to listen to music without cost. For the users that use Sony this could be a ground breaking deal.
ReplyDelete-Zahra Khan
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