Billboard reports: “Sony Corp.’s music operation continues to enjoy strong profit growth driven by greater efficiencies derived from its streaming-fueled revenue increases. In its fiscal second quarter the company produced operating income of 37.48 billion yen ($349 million) on revenue of 219.3 billion yen ($2.04 billion) for the period ended Sept. 30.”
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Featured Top Slider Breaking Down Sony Music’s Strong Quarter: 21% Growth in Streaming Revenue Offsets...
