TOKYO | Sony invests in image sensors, acquires more of EMI Music

21May - by Editor - 0 - In STL.News



TOKYO | Sony invests in image sensors, acquires more of EMI Music

TOKYO — Electronics and entertainment company Sony Corp. said Tuesday it plans to invest 1 trillion yen ($9 billion) mostly in image sensors over the next three years, under a revamped strategy to strengthen both hardware and creative content.

Sony also plans to buy for $2.3 billion a 60 percent stake in EMI Music Publishing, from Mubadala Investment Co. EMI has under its wing classics such as the Motown catalog and Queen, and contemporary artists like Kanye West, Alicia Keys and Pharrell Williams.

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