Tags: Sony
Sony Bought Jackson Estate’s Shares for $750 Million, Taking Over Catalogs Including The Beatles and Taylor Swift
The Michael Jackson estate lost its share in the joint venture with Sony Corp. when the music publisher bought Jackson’s share of 50 percent for $750 million. The transaction will wipe out the rest of Jackson’s $500 million debt he left when the artist died in 2009.
Michael Jackson’s Estate to Receive $750 Million From Sony for Music Catalog Share
Sony will pay $750 million to the Michael Jackson estate for its share in the music catalog. Once the deal is closed, the estate will be no longer in debt.
Revl Received $2 Million Seed Fund for Developing Shake-reduction Smartphone Camera
The San Francisco startup and smartphone maker Revl has been seed funded of $2 million by venture capitalist Bill Tai along with other investors like Frog Ventures, Y Combinator, Lars Rasmussen and James Lindenbaum.
InVisage introduces SparkP2 for IoT devices
InVisage unveiled SparkP2 for Internet of Things instruments. The SparkP2 has the potential to arrest 2-megapixel pictures and consumes less power than the traditional silicon cameras.