Musical market should undergo expansion
7/23/2014 -
After the invasion of importers and certain stagnation in recent years, the music market-since the sale of musical instruments until the installation of sound equipment in companies and events-should move about $ 750 million in Brazil this year. However, there is a climate of optimism and the forecast is that the scenario accelerate in coming years, thanks to the promotion of music in the grid of the country, which school should begin to have clear rules.
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Sony will invest $ 500 million in Brazil to the World Cup
5/29/2013 -
SÃO PAULO-While Sony is living a crisis abroad, the scenario is different in Brazil, where the sale of electronics is still strong. Leader in the area of digital cameras, with a 45% share, Sony will invest $ 500 million in Brazil until 2014 to increase production and invest in the marketing of products in the areas of audio, video and games.
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Philips profit falls 11.5% in the first quarter, to 162 million euros
4/22/2013 -
SAO PAULO-the net income attributed to the Dutch Philips Electronics controllers dropped 11.5% in the first quarter, compared to the same three months last year. The result of the company amounted to 162 million euros, influenced by lower sales.
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Phonographic industry grows for the first time since 1999
2/28/2013 -
The global music industry revenue increased for the first time since 1999, thanks to the great expansion of signature services and digital music downloads. Although revenue increased just 0.3% to $ 16.5 billion, the resumption of growth indicates that the industry finally begins to recover from the collapse of CD sales and rampant piracy which has faced over the last ten years.
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