Latest Famous Music Stories
NEW YORK, June 29, 2012 /PRNewswire/ -- An investor group comprised of Sony Corporation of America, the Estate of Michael Jackson, Mubadala Development Company PJSC, Jynwel Capital Limited, the Blackstone Group's GSO Capital Partners LP and David Geffen today announced the closing of its acquisition of EMI Music Publishing from Citigroup. Sony/ATV Music Publishing, a joint venture between Sony and the Estate of Michael Jackson, will administer EMI Music Publishing on behalf of the...
Bug Music, Inc., one of the world's largest independent music publishers, has secured a new $200,000,000 credit facility, which can be increased to $250,000,000. The facility, priced at the London interbank offered rate (Libor) plus 2.50%, was led by investment bank JP Morgan, it was announced today by Bug Music CEO John Rudolph. "Our sound business fundamentals and practices continue to be rewarded as reflected by the facility size and attractive rate, in spite of a very difficult credit...
NEW YORK, June 14 /PRNewswire/ -- Nickelodeon, the number-one entertainment brand for kids and a division of Viacom's MTV Networks , Sony Music Label Group and SONY BMG Commercial Music Group, today announced an expansive partnership where the two will co-develop, co-produce and co-finance television and music projects over the next four years. The deal was announced by Judy McGrath, Chairman and CEO of MTV Networks, and Rob Stringer, Chairman of Sony Music Label Group. (Photo:...
