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Sony has bought Bertelsmann's 50-percent share of Sony BMG for $600 million, rebranding itself as Sony Music Entertainment Incorporated (SMEI). Epic Records, J Records, Columbia, Jive, Zomba and Arista are all part of the Sony family, which accounted for 24.1-percent of the industry's market share in the past nine months.
—The ARTISTdirect Staff
10.03.08
Sony BMG Drops One-Half of Its Name
Fri, 03 Oct 2008 09:59:22
After a buyout by one-half of the company
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