Sony/ATV's previously reported acquisition of Famous Music has been completed meaning that plans for the integration of the two music publishing firms can now begin. It is not yet clear how the Famous enterprise will fit into the wider Sony Corp/Michael Jackson owned publishing house, or what effect it will have on the company's existing workforce.
As also previously reported, Sony/ATV, now acquisition hungry since the appointment of new chief Marty Bandier, announced they had successfully negotiated a takeover deal with Famous' former owners Viacom back in May. The deal not only brings them Famous' 125,000 song catalogue, but also their music production business Extreme, which supplies recordings and compositions for use in TV and radio ads.