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06 August, 2008

Sony buys out Bertelsmann

From Wired (and no doubt elsewhere:

Sony Corp. said Tuesday it is buying Bertelsmann AG out of their 50-50 music venture Sony BMG for $900 million, giving it full ownership of a roster of artists including Alicia Keys and the increased ability to leverage music over an array of electronic devices.
Posted by Sherman Young at 9:38 AM

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