Sony ATV / YouTube

Musically | December, 22 2016 - Sony/ATV boss Martin Bandier: ‘YouTube should have paid us $5bn’. With its $750m buyout of the Michael Jackson estate’s 50% stake in the company, 2016 has been a big year for Sony/ATV. It has also consolidated its position in the publishing market, with subscription streaming revenues comfortably making up for declining income from CD and download sales.
However, the ‘value gap’ of ad-supported streaming in general (and YouTube in particular) as well as potential changes to the US consent decrees are issues CEO Martin Bandier wants to fix in 2017.

Link to the PR