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Sony to buy Bertelsmann's Sony BMG stake for $900M

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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Aug 5, 2008, 09:52 PM   #1
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Sony to buy Bertelsmann's Sony BMG stake for $900M
Bertelsmann AG will sell its 50-percent stake in Sony BMG to Sony Corp. in a $900 million deal, the companies announced Tuesday, giving the Japanese company full ownership of the joint venture whose roster of artists include Alicia Keys and Leona Lewis.
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Source: Yahoo! Finance
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