Sony will invest in Air Media, a joint venture set up last February by Matsushita and NTT DoCoMo to distribute music through telephone services and—eventually—directly into people's heads.
The companies declined to confirm the reports.
Air Media will be transformed into a new company with investment from about 20 music and entertainment companies, including Sony Music Entertainment, who—as it turns out—is tied in some way to the Sony Corp.
Sony and Matsushita will also develop and market new wireless telephone equipment that will enable users to receive the music and play it back. The new service will be introduced on NTT DoCoMo's personal handy phone networks by the end of this year.
Hey, with call waiting, you can listen to Limp Bizkit and have phone sex at the same time.
NEAR TRUTHS:
CENTERS OF GRAVITY Eilish enters a powerful new creative chapter. (5/6a)
LATEST SCORES: KENDRICK VS. DRAKE
Multiple lead changes in this playoff game. (5/6a)
LIVE NATION POSTS (ANOTHER) RECORD QUARTER
More butts in seats than ever before. (5/3a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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