Sony in $2.3 billion deal for EMI, becomes world’s biggest music publisher

Sony Corp (6758.T) said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s largest music publisher in an industry that has found new life on the back of streaming services.
Reuters

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Sony acquires a majority stake in EMI Music Publishing, becoming world’s largest music publisher. Sony Corp has announced that it will pay $2.3 billion to gain the controlling stake in EMI Music Publishing.  The deal now makes Sony the world’s largest …