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    • Sony Buys Out Bertelsmann’s Sony BMG Stake for $1.2 Billion
      • The Japanese company bought out German partner Bertelsmann Media Group’s 50 percent stake in Sony BMG for $1.2 billion, giving it a chance to experiment with new business models — possibly including having its artists promote Sony products.

      Sony Buys Out Bertelsmann’s Sony BMG Stake for $1.2 Billion

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  3. en.wikipedia.org › wiki › Sony_BMGSony BMG - Wikipedia

    On August 5, 2008, Sony Corporation agreed to buy Bertelsmann AG's 50 percent stake in the music company for $1.2 billion to get full control. The music company was renamed Sony Music Entertainment and became a unit of Sony Corporation of America. [1]

    • David Gordon (chairman, Sound & Vision)

  4. www.rollingstone.com › music › music-newsSony Buys Out Bertelsmann, Ending Sony BMG - Rolling Stone

    Oct 2, 2008 · October 2, 2008. Sony BMG is no more, as Sony has finally reacquired the 50% share of the company owned by Bertelsmann. Sony had sought the buy out since July, when the company posted a first...

  5. www.nytimes.com › 2008/08/05 › technologySony buys out Bertelsmann for $900 million - The New York Times

    Aug 5, 2008 · Sony, based in Japan, will buy Bertelsmann's 50 percent stake in the venture, Sony BMG Music Entertainment, for $900 million - substantially less than Bertelsmann, based in Germany,...

  6. www.reuters.com › article › idUSKUA564784: Sony BMG's ambitions, legal woes, management spats | Reuters

    Aug 5, 2008 · Purchase Licensing Rights. 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...

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  8. www.reuters.com › article › idUSL5677837Sony does music solo as Sony BMG disbands | Reuters

    Aug 5, 2008 · FRANKFURT/TOKYO (Reuters) - Sony Corp agreed to buy Bertelsmann's 50 percent stake in their Sony BMG music joint venture for around $900 million, ending a four-year venture that never managed...

  9. www.theguardian.com › business › 2008Sony buys Bertelsmann out of SonyBMG | Music industry | The ...

    Aug 5, 2008 · Japanese electronics giant Sony is buying its partner Bertelsmann out of their Sony BMG music joint venture, home to artists including Mark Ronson and Bruce Springsteen, in a deal worth $1.2bn...

  10. www.ft.com › content › b2be3625/2466/34e6-8f1f-faSony to buy out Bertelsmann - Financial Times

    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...

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