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Sony BMG
’Bertelsmann in talks over Sony BMG stake
Bertelsmann, the German media group, is seeking $1.2bn-$1.5bn for its half share in Sony BMG after opening talks that could result in Sony gaining full control of the world’s second-largest music company within weeks.
Sony BMG proposes shareholder compromise
Sony BMG has proposed a compromise to its two shareholders that could allow the recorded music group to move into the more reliable business of music publishing, which generates revenue every time a song is played.
Brussels clears Sony BMG merger
The 2004 merger that created Sony BMG was cleared for a second time by the European Commission on Wednesday with no conditions, setting a precedent for other deals which could reduce the number of competitors in the recorded music industry from four to three.