Saturday, October 25, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Panasonic to Offload Sanyo's North America TV Business
Google's Pichai to Become Head of Product at Google: report
Internet Explorer 11 Toolkit Allows Enterprise Admins "Spy" On Their Employees
FCC Says Airwave Auction To Delay Until 2016
HP Broadens Moonshot Portfolio With Intel-powered Models
Microsoft To Keep Nokia Brand For Low-end Smartphones
LG Introduces Its First Octa-Core Application Processor
Cloud and Surface 3 Drive Microsoft's Revenue
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 Home > News > General Computing > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, December 15, 2006
Toshiba to Sell EMI, Exits Music Business


Toshiba said Thursday it will pull out of the music business by selling its 45-percent stake in Toshiba-EMI Ltd. to the British partner EMI Group Plc for about 21 billion yen.

The decision reflects Toshiba's strategy to concentrate resources on its core operations, such as computer chips and nuclear power plants.

The company's music wing, which includes Toshiba-EMI's predecessor, dates back to 1955. Toshiba expects to complete the sale by September.

EMI Group proposed earlier this month that it purchase Toshiba's holding in the joint venture to strengthen Japanese operations.

The British record company is best known for its exclusive rights to albums of The Beatles.

Toshiba-EMI will retain its name for the time being even after it becomes EMI Group's wholly owned subsidiary.


Previous
Next
AMD Focuses on Fusion CPU/GPU Concept        All News        Vista Security Update Fights "Frankenbuild" Monster
Skype Founders Aiming for Broadband Television     General Computing News      Vista Security Update Fights "Frankenbuild" Monster

Get RSS feed Easy Print E-Mail this Message

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .