Tag archive for ‘sony bmg’
Oasis Brokers Long-Term Deal With Sony
Rock stars Oasis have worked out an exclusive deal with Sony BMG (read more about the Sony BMG fiasco) to produce three more albums. Any new LP’s will be released in partnership with their own label Big Brother Recordings - meaning the two record firms will share the profits from the album sales. Artists are [...]
BMG Bailing, Asking 1.5 Billion
In a not-so-surprising move, Bertelsmann Music Group (BMG) is looking to split from Sony’s music group and sell its stake back to Sony (or another bidder) for 1.5 billion USD. The two companies went 50-50 in this joint venture nearly four years ago (August 13th, 2004) yet the results have been lackluster and the drama [...]
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