Sony BMG Looking At Mobile And Digital Content Revenues; Looking For Partners

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.

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