Tuesday, July 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Hackers Could Break Into Your Android Smartphone With A Simple MMS
Google Relases New Consent Policy in European Union
Samsung To Showcase New Galaxy Phablet on August 13 Event
OnePlus 2 Smarphone Is An Affordable, High-End Flagship
Google Announces Changes To Google Plus
Sony HT-RT5 Sound Bar Offers Wireless Surround Sound, Easiness
Toshiba Expands Line-up of ARM Cortex -M-based Microcontrollers
Canon Cuts Outlook Following Weak Camera Sales
Active Discussions
How to back up a PS2 DL game
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
 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
Android Lollipop Rolls For the Xperia Z3 and Xperia Z2 Series
Sony Mobile and ZMP to Develop Enterprise Solutions that Utilize Autonomous Unmanned Aerial Vehicles
SK Hynix Launches UFS 2.0 Solution
Sony's New Wireless Speakers Available In The U.S.
Sony Launches Crowdfunding Platform For Its Products
Android M Developer Preview Available for Xperia Devices
First Sony X900C and X910C Ultra-thin 4K Ultra HD TVs Launching
Rambus and SK Hynix Extend Their License Agreement
Sony Has Three New Cameras For You
Android 5.0, Lollipop Rolls for the Xperia Z Series, Android 5.1 coming for Xperia M2 and Xperia M2 Aqua
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

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 .