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Sony Purchases EMI Music Publishing

By Elissa D. Hecker

On June 29th, investors led by Sony acquired EMI Music Publishing. The cost was $2.2 billion, which gave Sony control over more than two million songs and a larger share of the market than its closest competitor, Universal.

Even though Sony will administer the new EMI catalog through its publishing division, Sony/ATV, the companies will remain separate entities. Martin Bandier, chairman of Sony/ATV (and formerly of EMI), will run both companies.

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This page contains a single entry from the blog posted on July 2, 2012 1:45 PM.

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