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Topic History of: BMG Publishing Sale...
Max. showing the last 5 posts - (Last post first)

Author	Message
DJones	Because they are already in trouble with the EU, a publishing deal would not have made much difference. Sony/ATV would be rather small even combined with BMG Music Publishing. And UMG is now the biggest label & publisher.
Bemuso	If Sony want to buy out the BMG joint venture, with the EU looking at that again, maybe they thought the publishing was too much?
DJones	1,6 billion euro was more than Bertelsmann had hoped for (1,3 billion). Another important point of the deal was that Vivendi agreed to a settlement of the Napster-case (for 60 million Euro). It will take some time, but in the end the merger will go through. I don't understand why Sony didn't buy the company. No risk whatsoever.
Ivor	Well it eventually went very quickly - but is it really going to get past the EU mergers commission?
DJones	There is not enough money on the table. Bertelsmann is still hoping to make more.