Sify.com: Sony BMG Music Entertainment is exploring the possibility of generating revenue from the new technologies emerging in the mobile and digital arenas.
Shridhar Subramaniam, Managing Director, said: “The new technologies are evolving and are a dynamic business to be in. We intend embracing the new technologies in the mobile and digital space and create content to engage in them.” The company is now on the look-out for the “right” partners to engage in this new venture.
“We would like to enhance our content in these new technologies and engage the right partners in the business model. However, there are other compelling issues and there is still no clear legislation about music downloads,” he added.
Besides, Sony Music is looking at other ways to exploit the synergies within other group companies in the country.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post