Sony Music revenues grew by over $250m in calendar 2019, topping $4bn

Sony’s recorded music revenues hit $4.17bn in calendar 2019, according to MBW’s calculations – representing year-on-year growth of $255m or 6.5%.

In a year that saw the release of global smashes including Lil Nas X’s Old Town Road, Sony’s annual recorded music streaming revenues rose by $389m in calendar 2019, up 19.3% YoY to $2.4bn.

Annual physical music sales dipped by $106m in the 12 months to $803m, while download sales fell by $61m to $321m.

MBW is able to make these calculations as Sony Corp has today (February 4) announced its results for calendar Q4 2019 (its fiscal Q3) – i.e. the three months to end of December.

In that quarter, Sony’s recorded music operation once again generated over a billion dollars – $1.16bn – up 11.4% year-on-year.

Sony’s recorded music quarterly streaming revenues grew by 20.6% YoY in calendar Q4 2019, hitting $669m.

The recorded music projects that generated the most global revenue for New York-based Sony Music in calendar Q4 were, in order: (i) Fine Line by Harry Styles; (ii) Fear Inoculum by TOOL; (iii) Courage by Celine Dion; (iv) What You See Is What You Get by Luke Combs; and (v) Romance by Camila Cabello.

Sony Corp has also broken out the Top 5 revenue-generating projects for Sony Music Japan in calendar Q4, which were, in order: (i) UNSER by Uverworld; (ii) WE DO by Ikimono-Gakari; (iii) Zurui yo Zurui Ne by =LOVE; (iv) Yoake Made TsuyogaranakutemoIi by Nogizaka46; and (v) Fate Song Material by Various Artists.

OVERLAPS Release ‘Your Eyes’ Lyric Video

Italian Alternative/Nu Rock band, OVERLAPS, have released a new lyric video for ‘Your Eyes‘, it’s the second single taken from their new studio album ‘In Your Room‘, which will be released on March 27th via TIME TO KILL RECORDS.

The video can be viewed here: https://youtu.be/jaKE6u84sjU

The video was directed by Stefano Mastronicola.

OVERLAPS started in 2017 with the release of 3 singles “Countdown”, “Dreams For Sale” and “On Monday”, produced by Fabio Trentini (Guano ApesDonotsH -Blockx), and showing the potential of OVERLAPS in mixing atmospheres of the most classic rock with modern influences.

OVERLAPS played the same year at the Bloodstock Festival in UK and the same year saw them performing at the Treviso Home Festival in Italy.

In 2018 OVERLAPS released their  debut album and in autumn the same year they did a European tour with 26 dates, as support to the Finnish band THE RASMUS.

OVERLAPS is ready to announce more details of their second album very soon, which will be released via TIME TO KILL RECORDS.

TIME TO KILL RECORDS is a division of KICK AGENCY and was founded in 2016 and is the most chaotic extreme record label in Italy. TIME TO KILL RECORDS is a pure, old school, metal DIY record label and management.
 

The project is realised with the support of MiBACT and SIAE as part of the initiative “Per Chi Crea”.

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