Sony expects a 15% to 20% growth in its $180 million content creation business in the MENA region due to regional demand for cheaper motion picture equipment."Within our content creation business, we see growth in this region, on average over the last three or four years, of about 15 per cent per year," said Rob Sherman, the managing director for Sony Professional Solutions in the Middle East and Africa. "Next year, we see a lot of good projects coming in the content creation area. And we want to grow that."

Google began selling digital music via 'Google Music' on Wednesday. The new Google service offers music streaming, a music store and social media features. The Google Music store, which has been incorporated into the Android app market, already has over 13 million songs available, thanks to deals with Universal Music, Sony and EMI.

However, the new music service has to advance quickly in order to compete with Apple's iTunes store. "They've got to get that catalog filled pretty quickly," said Mike McGuire, an analyst at industry research firm Gartner. "It's a launch, but it's kind of like a work-in-progress." Google Music is currently only available in the United States.

Related News: Google Music to launch without Warner and Sony

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UAE based Mubadala Development Company has become part owner of London-based EMI, which is being sold in pieces for $4.1 billion. Mubadala, alongside Sony, the Raine Group and the Blackstone Group, have aquired EMI's music publishing rights in a deal worth $2.2 billion. Meanwhile, Vivendi’s Universal Music Group are set to buy EMI’s recorded music rights for $1.9 billion. 

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