Sony buys Bertelsmann
02008-08-05 | Music, News |
In giant music biz news, this just in…
Sony buys Bertelsmann out of Sony BMG – home to Mark Ronson and Bruce Springsteen | Business | guardian.co.uk
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 (£614m) to the German media group.
Sony just got even bigger…
… and this won’t solve any of their (business) problems …