Sony and Singapore's GIC Form JV to Invest $2B-$3B in Music Copyrights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Sony and Singapore's GIC are establishing a joint venture to buy music copyrights, with plans to invest $2B-$3B in the endeavor, Bloomberg's Lucas Shaw reports, citing people with knowledge of the matter. Sony's music unit will manage the acquired catalogs, handling distribution, and licensing music for use in films and commercials, the author notes.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like SONY with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on SONY
Wall Street analysts forecast SONY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SONY is 34.00 USD with a low forecast of 34.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 22.280
Low
34.00
Averages
34.00
High
34.00
Current: 22.280
Low
34.00
Averages
34.00
High
34.00
About SONY
Sony Group Corp is a Japan-based company engaged in the games & network services (G&NS), music, movies, entertainment technology & services (ET&S), imaging & sensing solutions (I&SS) and other businesses. It has seven business segments. G&NS segment is involved in network service business, the manufacture and sale of home video game consoles and software. The Music segment mainly includes music production, music publishing and video media platform businesses. The Movies segment mainly includes film production, television program production and media network businesses. The ET&S field mainly includes the television business, audio, video business, still image, video camera business, smartphone business and Internet-related service business. The I&SS segment mainly includes the image sensor business. The Financial segment is involved in the insurance business and banking business. The Other segment consists of activities such as disc manufacturing business and recording media business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
GIC Partners with Sony Music Group for Music Catalog Acquisition
- Strategic Partnership: Singapore's sovereign wealth fund GIC has partnered with Sony Music Group to acquire music catalog assets, combining Sony's operational capabilities with GIC's long-term capital to manage potential assets.
- Investment Scale: Bloomberg reported that the collaboration could involve $2 billion to $3 billion in investment, although GIC and Sony did not specify an amount in their statement, indicating strong confidence in the music industry.
- Market Outlook: GIC's Head of Integrated Strategies Group, Girish Karira, noted that the music ecosystem is a resilient sector with attractive long-term growth prospects, particularly in streaming monetization and subscriber growth in emerging markets.
- Industry Trends: With rising spending on subscriptions, mobile content, and hardware, the profitability of the music industry is expected to increase, and the partnership between GIC and Sony will further drive this trend, enhancing their competitive position in the market.
Continue Reading
Harry Styles' Global Tour Kicks Off in May with 30-Show Residency at Madison Square Garden
- Global Tour Launch: Harry Styles' 'Together, Together' world tour is set to kick off in May 2026, expected to attract a large fanbase and drive revenue growth for related companies like Madison Square Garden Entertainment.
- Residency Performance Schedule: Styles will perform 30 consecutive shows at Madison Square Garden from August to October, marking the most shows ever at the venue, which is anticipated to generate high demand for ticket sales.
- Album Release Support: This tour supports Styles' fourth solo album 'Kiss All The Time. Disco Occasionally', set to release on March 6, 2026, potentially enhancing the tour's appeal and box office performance.
- Market Potential Analysis: With ticket presales starting on January 30, Styles' tour has already become a trending topic on Google, indicating strong market demand, and is expected to bring significant economic benefits to Madison Square Garden and other related companies.
Continue Reading