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Aug 5, 2008 · - November 6, 2003: Bertelsmann says it plans to merge its BMG music business with that of Japan's Sony in a 50-50 joint venture. - January 26, 2004: A contingent of independent music labels vows ...
Jan 1, 1970 · EU Approves Sony-BMG Merger. DW staff (win)01/01/1970. The European Commission gave its green light Tuesday to a merger between Japan's Sony and the music arm of Germany's Bertelsmann, in the ...
The ECJ rejected Bertelsmann and Sony’s submissions, and the Court clarified that the EC Merger Regulation regime is neutral in relation to mergers. The ECJ referred to the structure of Articles 2(2) and 2(3) of the Regulation, which in their current version provide: 2. A concentration which would not significantly impede effective competition
Jan 12, 2004 · Bertelsmann and Sony Corp. last December announced a binding agreement to merge BMG and Sony Music in a 50-50 joint venture. That agreement formalized an earlier handshake between the two majors.
Aug 5, 2008 · New York, August 5, 2008 - The international media and entertainment companies Sony Corporation and Bertelsmann AG today announced that Sony has agreed to acquire Bertelsmann's 50% stake in Sony BMG. The music company, to be called Sony Music Entertainment Inc. (SMEI), will become a wholly owned subsidiary of Sony Corporation of America.
Dec 12, 2003 · Sony and Bertelsmann are hoping that regulators will consider their merger in the light of the industry's three-year sales slump and the spread of music piracy. ... While merging the businesses is ...
May 24, 2004 · Bertelsmann AG and Sony Music Entertainment confirmed today (May 24) that they have received the European Commission's Statement of Objections concerning the proposed merger of their recorded music…
