Sony buys Michael Jackson's participation in EMI Music



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Al-Wasat Khadr Al-Wasat Country Newspaper We strive to associate your journal, distinguished and always sparkling between social networking sites to present you with all events, we care about the latest news' Arab and International And we are interested in the latest Arab issues. Jackson at EMI Music, Sony acquires Michael Jackson 's share at EMI Music Company and on the other hand, we hope to have the admiration of all and we wish to impress our site to know everything and share news on the sites social networks,

Al-Wasat newspaper reports that Sonny Musical Company has acquired the remaining 25.1% of Michael Jackson from EMI for $ 287.5 million, thus making EMI a wholly-owned subsidiary from Sony.

Sony has already acquired 30% of EMI after entering into an agreement in 2012. Since then, the company has managed the music library of many artists such as Queen, Farrell Williams, Alicia Keys, and D & # 39; other.

With the conclusion of the EMI agreement, Sony becomes the largest music company in the world. And is the first major acquisition under the current President and CEO, "Kenichiro Yu" In the entertainment business, we focus on creating a strong intellectual property institution, and EMI that We will join will be a milestone for our long-term growth. "

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Source: Sadi the country

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