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Aug 6, 2008 · Bertelsmann had once hoped to sell its share of Sony BMG for as much as $1.6 billion, according to industry executives. But in a difficult market, it was forced to settle for a $600...
Aug 5, 2008 · Bertelsmann had once hoped to sell its share of Sony BMG for as much as $1.6 billion, according to industry executives. But in a difficult market, it settled for a $600 million cash payment,...
Aug 5, 2008 · Bertelsmann had been seeking $1.5 billion for its stake, though it was expected with only $1.2 or $1.3 billion at most.
Oct 2, 2008 · Sony reportedly spent $600 million on the buy back. As one of the four major labels, Sony was responsible for roughly 24.1% of the album market share in the past nine months.
Oct 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.
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...
Aug 5, 2008 · Sony said in a statement on Tuesday Bertelsmann will also get $300 million of the cash on Sony BMG's balance sheet, valuing the deal at around $1.2 billion, though the value to Bertelsmann,...
