Amazon has announced a video-on-demand streaming service in the US as internet and consumer electronics companies try to match the capabilities of US cable and satellite providers. The internet retailer said that advertising-free movies and television shows could be watched instantly within a...
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05 September 2008
Sony Corp and Bertelsmann AG have finally reached agreement on Sony buying Bertelsmann's 50% stake in Sony BMG for $1.2 bn. The company will now be called Sony Music Entertainment Inc. and will become a wholly owned subsidiary of Sony Corporation of America. Sony and Bertelsmann AG originally...
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21 July 2008
Sony BMG has become the second record label to join Nokia's Comes With Music pre-bundled music service. Comes With Music announced the first deal with Universal in December 2007, and is expected to be availble on some Nokia handsets from the second half of 2008.
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23 April 2008
Blue-ray is now set to become the industry standard for High Definition DVDs after Toshiba withdrew its HD-DVD format following decisions by the majority of the Hollywood studios to back Sony's format. The industry hopes this will lead to a surge in DVD sales but High Def currently accounts for...
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19 February 2008