Gracenote to be acquired by Sony

Posted by Daniel Stout on Tue 22 Apr 2008 at 11:15 PM

After mentioning Gracenote yesterday as the source of a genre list for music, the news comes today that Sony Corporation of America is going to acquire Gracenote for $260 million. Apparently a database of CDs is a valuable thing. That’s perhaps true when you’re the service provider to Apple, Yahoo and others.

The genres list published yesterday is useful as a guide or a starting point, but mostly it’s up to the individual to classify their music however they wish. It’s not good to get too picky about it, but having a few different buckets to drop music into is definitely a handy thing. For me, when I’m listening to classical, that’s usually all I want to listen to at that point. So having a classical genre smart playlist is a great thing. That allows one to quickly find something to listen to, or more likely allows for shuffle play of a variety of pieces in the same general grouping. And that’s an idea worth money I guess, at least it was to Gracenote.

Tags: acquisition · gracenote · sony corporation of america

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