Sony Music Entertainment In The News
News Bertelsmann's BMG in talks to buy Concord, Bloomberg reports News Sony Music Group is forming a music rights-buying joint venture with Singapore’s sovereign wealth fund, GIC Pte. News The new channel called Universal Music Live will stream performances, industry events and artist conversations. News The biggest headlines from the past few days... News SME, through Sony Music Entertainment Hong Kong, agreed to acquire a 49% stake in YeaH1-owned 1Label for an undisclosed sum last month. News Fox succeeds the DEAG-backed company's founder Stuart Galbraith, who will focus on parent company KMJ. News Pirate group accused of 'brazen theft of millions of files containing nearly all of the world's commercial sound recordings.' News The deal includes terms intended to protect what the companies called “the value of human artistry.”