Sony sold its music database Gracenote (CDDB original).

    

            

                    

        



Sony announced

divested subsidiary Gracenote database owner of the world’s large music (iTunes and Amazon bought the work from here) to the major U.S. media company Tribune Company. Worth $ 170 million

Tribune Company determined that it will be integrated as part of the Gracenote database of TV movies – Tribune Media Services to create a database, the world’s largest media

Gracenote CDDB formerly started out as a music database, based on the CD. Before being sold to Sony in 2008 at a price of $ 260 million (around Sony’s sales losses. But the cash return in the short term. And disconnect unrelated to the primary business plan is to revive the company)

Current

Gracenote rate of 550 million times to date, with over 180 million songs, music information

Source – Gracenote , Bloomberg

    

            

                     Acquisition, Music, Sony

        




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