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Sep 30, 2008 · New York, October 1, 2008 – Sony Corporation today announced that it has completed the acquisition of Bertelsmann’s 50% stake in Sony BMG, which was originally announced on August 5, 2008. The music company, to be called Sony Music Entertainment Inc. (SMEI), is now a wholly owned subsidiary of Sony Corporation of America. SMEI is comprised ...
Aug 6, 2008 · Sony on Tuesday agreed to buy Bertelsmann out of Sony BMG, giving the Japanese electronics group control of the world’s second largest record company for an initial $600m while allowing the...
- Gwen Robinson
Aug 5, 2008 · Sony agreed to buy out Bertelsmann's 50 percent of Sony BMG on Tuesday, ending a four-year music joint venture that never managed to beat the woes of an industry in decline.
SAN FRANCISCO (CBS.MW) - Sony Music Entertainment and Bertelsmann AG said late Thursday that they've completed their merger, creating one of the world's...
Mar 26, 2024 · German media giant Bertelsmann is interested in doing a deal to dramatically scale up its music business BMG, whose artists include Kylie Minogue and Rita Ora, following a series of setbacks that...
Aug 6, 2004 · Sony Corp. and German multi-media company Bertelsmann AG have finalized the merger of their music units to form Sony BMG Music Entertainment this week. The new company becomes the second...
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An EU court has overturned the European Commission's approval of the merger between the music divisions of Sony and Bertelsmann, forcing the companies to apply again.
