BROWSING: Warner Music
Sony creates mobile division to handle ring-tone business
Record industry giant Sony Music Entertainment bought wireless entertainment company Run Tones, and will use the acquisition to create a new Mobile Products Group within Sony's Music Digital Services division.Meanwhile, wireless application publisher Moviso L.L.C., a wholly owned subsidiary of Vivendi Universal Net USA,...
Sony acquires Run Tones, to create Mobile Products Group
NEW YORK-Sony Music Entertainment acquired wireless entertainment company Run Tones, and will use the acquisition to create a new Mobile Products Group within Sony's Music Digital Services division.Sony's move underscores the rapidly growing importance of the ring tone business and the wireless industry in...