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Vivendi Universal May Start Japan Online Music Delivery Service
Vivendi Universal SA, which will start online music-subscription services in the U.S. with Sony Corp., said it may start a similar service in Japan. “We are now considering whether to start an online music service in Japan,” said Ken Takashima, a spokesman at Vivendi Universal’s Japan unit, Universal Music K.K. “We can’t provide further details at present.” The move comes after Sony’s Internet unit, Sony Communication Network Corp., said Universal Music K.K. invested 19 million yen ($152,300) for a stake in a Sony Communication-led joint venture to operate a music-marketing Web site. The venture, Label Gate Co., is capitalized at… Read more »