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Labels seek EU regulatory intervention on Sony/ATV buyout

Sony has taken steps to assume sole ownership of the Sony/ATV publishing branch, buying out the stake owned by Michael Jackson’s estate. However, the move has raised some concerns among the other labels. Warner Music Group and a collection of independent labels have brought their concerns over the buyout before the European Commission. Continue Reading

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Sony/ATV licenses music to Spotify for EU despite past critiques

Spotify has inked a new licensing deal with Sony/ATV to offer its catalog in Europe. The deal for Sony’s Anglo-American music covers all 30 territories of the European Economic Area. Sony/ATV Chairman and CEO Martin Bandier has been critical of the payouts that songwriters and publishers receive from streaming, and the latest tie-up seems to have resolved his concerns. Continue Reading

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Sony denies potential sale of its publishing arm

Amid the public relations nightmare of Sony getting hacked last month, sleuths found email correspondence among top brass discussing the potential sale of Sony/ATV. Since then, Sony Entertainment CEO Michael Lynton stated in an interview with Bloomberg that the company is not considering a sale of the publishing arm. Sony/ATV’s Chairman and CEO Martin Bandier also issued a memo to his team reassuring them that the parent company was not selling off the division. Continue Reading