Sony’s music business saw combined sales and operating revenues top $4.5bn in its fiscal year ended March 31.

The figure represents an 8.2% rise year-on-year. Meanwhile, operating income was up 17.4% to $491m.

The latest financial results from the Japanese corporation groups its recorded music, music publishing, visual media and platform businesses under one segment.

Music revenues were essentially flat on a constant currency basis “primarily due to higher digital streaming revenues, offset by a worldwide decline in physical and ...