Friday, September 27, 2013
Sony To Launch High-Resolution Audio Albums, Equipment
TOKYO (Nikkei)--Sony Corp. (6758) said Thursday that it is plugging into the market for high-resolution audio and turning it up to 11 by releasing both content and a range of dedicated equipment.
Sony Music Entertainment (Japan) Inc. will reproduce albums, including Michael Jackson's "Thriller," in high-resolution audio, which boasts crisper sound than CDs. These will be released online by group firm Label Gate Co. on Oct. 17. Label Gate will offer some 600 enhance-audio albums from roughly 10 labels, including Warner Music Japan Inc.
- Sony targets the audiophile.
Sony will also release 18 models of compatible equipment, both in Japan and abroad, in stages through December. Six home models will include amplifiers, speakers and music players equipped with hard drives, while 12 portable models will include Walkman music players, headphones and recorders. The company aims to have high-resolution products make up 30% of its audio equipment sales in two or three years.
Back in May, a major Sony shareholder, U.S. hedge fund Third Point LLC, urged the Japanese group to spin off its entertainment business, which includes movies and music. Sony rejected the proposal in August.
"The group will grow by working as one on high-resolution" audio, Sony Music Entertainment Chairman Masao Morita said at a news conference Thursday.
(The Nikkei, Sept. 27 morning edition)