Sony Buys Out Bertelsmann, Ending Sony BMG - Rolling Stone : Rock and Roll Daily

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Sony Buys Out Bertelsmann, Ending Sony BMG

Thursday, October 02, 2008 --- 47 days ago

http://www.rollingstone.com/rockdaily/index.php/2008/10/02/sony-buys-out-bertels

Sony BMG is no more, as Sony has finally reacquired the 50% share of the company owned by Bertelsmann. Sony had sought the buy out since July, when the company posted a first quarter loss. Sony now has complete ownership of its music division and has rebranded itself Sony Music Entertainment Incorporated (SMEI). Sony reportedly [...] ...

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