the Blackstone Group

  1. Updated: Sony-Led Group Closes Purchase of EMI Music Publishing

    June 29, 2012 10:54 AM EDT The Sony Corp. of America led investor consortium completed its acquisition of EMI Music Publishing today, just hours after the Federal Trade Commission issued a statement saying it closed its antitrust investigation of the $2.2 billion deal -- wh ...

  2. It's Official: Sony-Led Acquisition of EMI Music Publishing Approved by EU

    April 19, 2012 12:06 PM EDT Despite vigorous protests from independent label groups , the Warner Music Group and digerati organizations, the Sony Corporation of America-led consortium's acquisition of EMI Music Publishing sailed through the European regulatory process, ...

  3. Sony's Acquisition of EMI to Be Approved Today, Sources Say

    April 19, 2012 12:05 AM EDT According to multiple sources, the European Commission is expected to announce Thursday its approval of the purchase of EMI Music Publishing by the Sony Corp. of America-led consortium. The news was first reported in the Financial Times. That acqu ...

  4. Sony Plans To Cut 326 EMI Music Publishing Jobs Over Two Years

    April 18, 2012 1:03 PM EDT If the consortium led by Sony Corp. of America gets approval to acquire EMI Music Publishing, it would cut 326 positions over two years to achieve $70 million in net cost savings, according to a story by Ben Sisario published in the New York Times ...

  5. Martin Bandier Signs Long-Term Contract To Remain Chairman/CEO of Sony/ATV

    March 19, 2012 8:29 AM EDT Martin Bandier has signed a long-term contact extension to remain as chairman and CEO of Sony/ATV Music, according to the company. Terms of the deal were not disclosed. In the five years since joining Sony/ATV, the company said Bandier had grown t ...

  6. Bono, Elevation Partners Set to Win Big From Facebook Sale

    February 02, 2012 2:44 PM EST Months after Bono finished a 3-year tour that grossed a record $736 million, the U2 singer is set to capitalize on one of the biggest stock IPOs in U.S history. Facebook Files For IPO, Hopes to Raise $5 Billion Bono is managing director and co-fou ...

  7. Sony Corp. USA To own 38% of EMI Music Publishing, No Official Word on Staffing

    November 11, 2011 8:46 PM EST Sony Corp. USA will own 38% of EMI Music Publishing and provide management oversight for the EMI music publishing operations. That's the word from Rob Wiesenthal, the executive VP/CFO at Sony Corporation of America. "We are providing ope ...

  8. It's Official: Sony-Led Group Purchases EMI Music Publishing for $2.2 Billion

    November 11, 2011 6:38 PM EST It's official: An investment group led by Sony Corp. has signed a definitive purchase agreement to acquire EMI Music Publishing for $2.2 billion from Citigroup. In addition to Sony Corp. of America, the investment group is comprised of the es ...

  9. Clear Channel Agrees To $18.7B Buyout

    November 16, 2006 12:00 AM EST Clear Channel Communications Inc., the nation's biggest radio station owner, said Thursday (Nov. 16) it has agreed to be taken private for about $18.7 billion by an investment group. Clear Channel Communications Inc., the nation's bigges ...

  10. Sources: Consortium Lining-Up Univision Bid

    March 10, 2006 12:00 AM EST Blackstone Group, KKR, Quadrangle in the mix. A group of investors including Mexican broadcaster Televisa is planning to launch a bid for Spanish-language U.S. media company Univision Communications Inc., which is eyeing a sale, a source familiar ...

  11. VNU Agrees To $8.9BN Acquisition

    March 08, 2006 12:00 AM EST Billboard parent VNU, a global information and media company based in the Netherlands, has agreed to be acquired by a consortium of six private equity investors. The offer values VNU's equity at &#x20 Billboard parent VNU, a global inform ...

  12. Cumulus, Investors Buy Susquehanna For $1.2 Billion

    October 31, 2005 12:00 AM EST Deal expected to close in the first half of 2006. With financial backing from three investment firms, Cumulus Media, radio's 11th largest radio group, is acquiring Susquehanna Radio for approximately $1.2 billion. To pull off the widely expec ...

  13. Competition Commission To Eye Vue Cinema Acquisition

    September 27, 2005 12:00 AM EDT The Office of Fair Trading said Sept. 23 it has referred the completed acquisition of A3 Cinema and its subsidiary Ster Century (U.K.) by U.K.-based exhibitor Vue Entertainment to the Competition Comm LONDON (The Hollywood Reporter) -- The Office ...

  14. BMG Direct Takes Over Columbia House

    May 17, 2005 12:00 AM EDT BMG Direct, parent of the BMG Music Service record club, is acquiring rival direct marketer, the Columbia House Co., from an ownership consortium led by the Blackstone Group. Sources value the deal at NEW YORK -- BMG Direct, parent of the BMG Musi ...

  15. BMG Direct Takes Over Columbia House

    May 10, 2005 12:00 AM EDT BMG Direct, parent of the BMG Music Service record club, is acquiring rival direct marketer, the Columbia House Co., from an ownership consortium led by the Blackstone Group. Sources value the deal a BMG Direct, parent of the BMG Music Service rec ...