Search results
- FRANKFURT, Nov. 6 — Bertelsmann A.G. and the Sony Corporation said today that they had signed a preliminary agreement to combine their music divisions in a joint venture, becoming the latest dance partners in an industry roundelay that reflects the turbulent economics of recorded music.
www.nytimes.com › 2003/11/06 › business
People also ask
Did Sony merge with Bertelsmann?
Did Sony buy Bertelsmann out of Sony BMG?
Does Bertelsmann own Sony?
Will Sony & BMG merger save $350 million?
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
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.
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...
Jun 26, 2007 · The European Commission has reopened its antitrust investigation into the merger of the Sony and Bertelsmann music divisions, more than three months after it stopped the clock on its probe.
Sony Corporation (“Sony”) and Bertelsmann AG (“Bertelsmann”) today issued the attached press release concerning Sony’s purchase of Bertelsmann’s 50% stake in SONY BMG MUSIC ENTERTAINMENT (“SONY BMG”).
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...
Sep 30, 2008 · Music Company Becomes Wholly Owned Subsidiary of Sony Corporation of America. 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.
