Evidence receipt / evaluation
Published · transcript-backedBen Gilbert: evaluation
7 Mar 2022 Acquired SONY
“Sony has a bunch of business lines now, so this stat almost isn't going to sound as impressive as it should just because of the sheer breadth of stuff that they own, but the music segment, Sony Music, which comes from CBS Records did (I think) 11% or 12% of the revenue of the whole company.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 7 Mar 2022
- Publisher
- Acquired
- Episode
- SONY
Transcript context
…Right. Tech value investing. This ends up being a pretty good buy for Sony. As of recent years, Sony Music, the core of which is the CBS Records business, does over $2 billion in operating cash flow every single year and they've owned it for 30 years. It was a pretty good pickup. Sony has a bunch of business lines now, so this stat almost isn't going to sound as impressive as it should just because of the sheer breadth of stuff that they own, but the music segment, Sony Music, which comes from CBS Records did (I think) 11% or 12% of the revenue of the whole company. Yeah. This is a great deal. On the back of this, they are enticed to do another media content deal.…
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