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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
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...
Sony BMG Music Entertainment was an American record company owned as a 50–50 joint venture between Sony Corporation of America and Bertelsmann. The venture's successor, the revived Sony Music , is wholly owned by Sony , following their buyout of the remaining 50% held by Bertelsmann .
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, 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...
Feb 10, 2006 · SONY BMG MUSIC ENTERTAINMENT, which is headquartered in New York, will continue to be governed by a Board of Directors consisting of six representatives of Bertelsmann and Sony. In his new position Mr. Schmidt-Holtz will have overall management responsibility for the company and be based in New York.
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Feb 2, 2007 · The European Commission has opened its re-examination of the merger between Sony Corp. and Bertelsmann's music units, seven months after an EU court threw out their approval.
