Sony drops music streaming service Gracenote

The electronics company sells off all its shares of the music-matching and streaming service to the Tribune Co.

Microsoft's Xbox Music.
Microsoft's Xbox Music uses Gracenote. Screenshot by Lance Whitney/CNET

Sony has sold its ownership of Gracenote, a service that matches and streams music across multiple devices, the electronics company announced Monday.

The company sold all of its shares to the Tribune Co. for $170 million. The sale should close before March 31, according to a press release. The purchase could help the Tribune Co. strength its stance against digital entertainment rival Rovi.

The sale comes shortly after Xbox Music announced it was using Gracenote to compliment its service. Xbox Music subscribers can listen to their music across multiple platforms and edit metadata for albums via Gracenote. Gracenote also has been used in TVs and cars .

Tags:
Internet
About the author

Donna Tam covers Amazon and other fun stuff for CNET News. She is a San Francisco native who enjoys feasting, merrymaking, checking her Gmail and reading her Kindle.

 

Join the discussion

Conversation powered by Livefyre

Show Comments Hide Comments
Latest Galleries from CNET
Nissan gives new Murano bold style (pictures)
Top great space moments in 2014 (pictures)
This is it: The Audiophiliac's top in-ear headphones of 2014 (pictures)
ZTE's wallet-friendly Grand X (pictures)
Lenovo reprises clever design for the Yoga Tablet 2 (Pictures)
Top-rated reviews of the week (pictures)