EMI Music Australia and Warner Music Australia have agreed to sell their jointly owned CD manufacturing business, Digital Audio Technologies Australia, to Summit Technology Australia for an undisclose

EMI Music Australia and Warner Music Australia have agreed to sell their jointly owned CD manufacturing business, Digital Audio Technologies Australia, to Summit Technology Australia for an undisclosed sum.

DATA's 100 staffers are expected to remain with the company, which will change hands Dec. 31. Established in 1992, the plant manufactures 30 million CDs a year.

Both majors have simultaneously entered into long-term agreements with Summit, a subsidiary of Singapore-based SM Summit Holdings, which will locally supply their CDs and DVDs.

In a joint statement, EMI and Warner say, "We are immensely proud of DATA and believe that this sale gives employees the best opportunity to continue to expand the company while allowing EMI and Warner to meet their own strategic goals."

The sale in Australia reflects ongoing moves to outsource EMI and Warner's manufacturing operations. Earlier this year, EMI Music transferred its Netherlands manufacturing assets to MediaMotion and closed its Illinois plant. In 2003, Warner Music Group outsourced its CD/DVD manufacturing business to Cinram International.

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