Tuesday, June 02, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
E FUN Introduces Affordable Flexx 2-in-1 Windows Tablets
Atmel Showcases System Solution for Wearables at Computex 2015
Sony Delivers New Entry-level Professional Camcorder, New 4K Laser Projection Options And Professional Laser and Lamp Projectors
GLOBALFOUNDRIES Provides Design Flows For 14nm FinFET Chips
COMPUTEX: Shuttle Unveils PCs with Broadwell Core i3, i5 and i7 Processors
Computex: New Dell Inspiron Laptops, 2-in-1 and Desktop Devices For Everyday Computing Needs
SSDs Hit Pricing Sweet Spot
Creative Introduces Draco HS880 Gaming Headset
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > EU Appr...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 19, 2012
EU Approves Sony's $2.2 Billion Acquisition of EMI


The European Commission has cleared the proposed acquisition of joint control over the music publishing business of EMI Group, a British company, by Sony of USA and Mubadala Development Company PJSC, an investment fund based in the United Arab Emirates.

The decision is conditional upon the divestiture of the worldwide publishing rights to four catalogues and the musical works of 12 contemporary authors. In light of these commitments, the European competition concluded that the transaction would not raise competition concerns.

The catalogues to be sold are Virgin UK, Virgin Europe, Virgin U.S. and Famous Music UK and include artists such as Gary Barlow, Ozzy Osbourne, Ben Harper, Placebo and The Kooks, as well as Lenny Kravitz and Robbie Williams.

The EC's initial investigation found that the transaction, as initially notified, raised serious doubts as to its compatibility with the internal market in the area of online licensing of copyrights. The commission's analysis focused, in particular, on the merged entity's ability to control the online licensing of Anglo-American chart hits in the European Economic Area (EEA).

During the first-phase review, the parties submitted commitments to divest the worldwide rights in relation to works included in four catalogues - namely Virgin UK, Virgin Europe, Virgin US, and Famous Music UK - and to the recent and future musical works of 12 contemporary Anglo-American authors, some of whom have future delivery obligations towards the parties.


Previous
Next
LG Mobile, Sprint Launch LG Viper 4G LTE Smartphone        All News        Anonymous Releases AnonPaste Website
AMD First Quarter Results Beat Expectations     General Computing News      Anonymous Releases AnonPaste Website

Get RSS feed Easy Print E-Mail this Message

Related News
Sony Delivers New Entry-level Professional Camcorder, New 4K Laser Projection Options And Professional Laser and Lamp Projectors
Sony to Acquire Optical Archive As It Enters The Data Center Storage Market
Sony Aims At Growth Phase on Games, Image Sensors
Sony to License Its LDAC Audio Technology
Optical Drive Makers Face EU Antitrust Fines
Sony launches New Xperia C4 and Xperia C4 Dual Smartphones
Camera Sensor And Playstation Sales Kepts Sony's Annual Profit High
SK Hynix To Start Production Of 36-Layer 3D NAND Flash Chips
Sony Raises Profit Forecast
Sony Unveils New Home Audio Products
Sony Xperia Z4 Smartphone Unveiled In Japan
Sony's 4K Ultra HD TV Lineup Coming In The U.S.

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .