Despite a Financial Times report that Sony BMG Music Entertainment wants to re-enter the music publishing biz, don't expect it to happen anytime soon.

When Sony and BMG merged their recorded music divisions in 2004, Sony spun off its publishing unit, Sony/ATV Music, to be run separately under the Sony Corp. umbrella. As the FT article states, "people close to the music publishing industry told FT Deutschland that a competition clause on Sony's part has prevented Sony BMG from returning to the lucrative market before now."

There is no indication that anything has changed in that agreement, especially since the merger is still under reconsideration by the European Commission's competition unit.

Even though Sony BMG chief Rolf Schmidt-Holtz reportedly told the FT Deutschland that "we will do everything to re-enter the market for music publishing," there is no indication that Sony BMG can do anything at this point.