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February 28, 2007 | From the Associated Press
Martin Bandier was named chairman and CEO of Sony/ATV Music Publishing, a venture partly owned by Michael Jackson that controls copyrights for songs by artists such as the Beatles and Jimi Hendrix, Sony Corp. of America said. Bandier, a veteran music executive, also is making an undisclosed investment in Sony/ATV, the company said. Bandier will join Sony/ATV effective April 1. He is currently chairman and joint chief executive of EMI Music Publishing.
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BUSINESS
February 28, 2007 | From the Associated Press
Martin Bandier was named chairman and CEO of Sony/ATV Music Publishing, a venture partly owned by Michael Jackson that controls copyrights for songs by artists such as the Beatles and Jimi Hendrix, Sony Corp. of America said. Bandier, a veteran music executive, also is making an undisclosed investment in Sony/ATV, the company said. Bandier will join Sony/ATV effective April 1. He is currently chairman and joint chief executive of EMI Music Publishing.
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ENTERTAINMENT
January 15, 2014 | By Daniel Miller
For much of last year, Amy Pascal was under fire. The co-chair of Sony Pictures Entertainment presided over two of last year's big-budget bombs, "After Earth" and "White House Down. " Her studio reported losses of $181 million for the summer months. Activist investor Daniel Loeb hammered Pascal's division, demanding an end to the "free passes" Sony studio executives got when their films disappointed and calling on parent company Sony Corp. to spin off part of its entertainment business.
BUSINESS
April 18, 2007
Sony/ATV Music Publishing said it bought the catalog of award-winning songwriters Jerry Leiber and Mike Stoller, including such hits as "Hound Dog" and "Jailhouse Rock." Terms were not disclosed, although the catalog is valued at about $50 million, industry executives said. Seagate Technology said its fiscal third-quarter profit fell 22% because of a tough pricing environment, slower-than-expected demand and acquisition costs.
ENTERTAINMENT
September 3, 2008 | From Reuters
The Rodgers & Hammerstein Organization is in talks with major music companies to sell its catalog of Broadway musical show tunes for between $150 million and $200 million, according to people familiar with the matter. EMI Music Publishing, Sony Corp's Sony/ATV Music Publishing, Vivendi's Universal Music Publishing and Warner/Chappell Music Publishing are all looking over the catalog, which includes songs from shows such as "The Sound of Music," "The King and I" and "South Pacific."
ENTERTAINMENT
June 29, 2012 | By Alex Pham
Sony Corp.'s deal to acquire EMI's publishing assets has cleared U.S. and European regulatory hurdles and was closed Friday, the companies said. EMI's catalog will be merged with Sony's to create a library of more than 2 million songs, making the combined entity the world's largest music publisher. The deal, announced last November, called for an investor group led by Sony to pay $2.2 billion for EMI's rights to 1.3 million songs, including those written by David Bowie, Stevie Wonder and others.
ENTERTAINMENT
March 18, 2008 | Geoff Boucher, Times Staff Writer
The latest sign of a video-game "Revolution"? You may soon be able to plug in and play guitar in "Sgt. Pepper's Lonely Hearts Club Band." Martin N. "Marty" Bandier, the top executive at the music publishing company that owns the John Lennon-Paul McCartney copyrights, said he liked the idea of a dedicated Beatles edition of Guitar Hero, Activision Inc.'s hugely popular video-game franchise.
BUSINESS
July 31, 2007 | From Reuters
The world's largest music companies have expressed interest in buying Univision Communications Inc.'s music unit, with an auction expected to pick up this week, sources familiar with the matter said Monday. Potential bidders will start looking at the books of the Latin music unit. Univision decided in February to put it up for sale, according to a report in the Financial Times on Monday. The Los Angeles-based Spanish-language broadcaster is trying to trim debt since its $12.
BUSINESS
August 3, 2007 | From Reuters
Viacom Inc. posted a bigger-than-expected quarterly profit Thursday, boosted by DVD sales and the box-office hit "Shrek the Third," sending shares up 4%. Executives at the New York-based owner of MTV Networks, Paramount movie studios and the Nickelodeon cable channels also expected U.S. cable network advertising to improve in the third quarter, from a 4% gain in the second quarter. Viacom's second-quarter profit fell less than 1% to $434 million from $437.3 million a year earlier.
BUSINESS
December 4, 1998 | From Reuters
Michael Jackson, the king of pop whose "Thriller" recording is the top-selling album of all time, plans to sell royalties generated by the Beatles, Bob Dylan and other musicians, sources said Thursday. Jackson follows on the heels of another pop icon--David Bowie--who sold music royalties with the help of Wall Street bankers.
BUSINESS
May 31, 2007 | From Reuters
Viacom Inc. said Wednesday it will sell its Famous Music publishing unit to Sony/ATV Music Publishing, the song catalog co-owned by pop star Michael Jackson. The deal is estimated to be worth $370 million in cash, people familiar with the talks said. Famous Music's catalog of more than 125,000 songs and sound cues includes music by Eminem and Shakira as well as soundtracks from "The Godfather" and "Mission: Impossible." Famous was founded to publish songs from movies.
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