Tuesday, August 5, 2008

Some Music Biz news...

Say Goodbye to SONYBMG and Welcome Sony Music Entertainment Inc.

Bertelsmann will sell its 50% of Sony BMG to Sony Corp., the companies jointly announced today. In a statement released by Bertie, the new company will be called Sony Music Entertainment Inc. and become a wholly owned subsidiary of the Sony Corporation of America. The joint venture was created four years ago this month.

BMG(or rather Sony now) is home to Alica Keys, Carrie Underwood, Jennifer Hudson, Mario, Nina Sky, Monica and many others.

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