Deals • 1 min read European Commission approves Sony BMG merger The European Commission has cleared the Sony and BMG merger without conditions, with Andrew Lack to lead the new company from New York and Rolf Schmidt-Holtz as chairman.…
Business News • 1 min read Sony BMG job cut reports dismissed as speculation Sony and BMG call Financial Times reports of a 25% post-merger job cut speculation, as the European Commission is expected to rule on the merger.…
BMG • 1 min read BMG WMG merger talks extended but shaky Merger talks between BMG and Warner Music have been extended, but insiders doubt agreement will be reached over valuation and personnel.…
Business News • 1 min read BMG launch new marketing department BMG has created a global marketing department headed by Tim Prescott, as part of its restructure following the Zomba acquisition.…
BMG • 1 min read BMG announce global marketing head BMG has appointed Tim Prescott, currently marketing and A&R VP in Asia Pacific, to head its new global marketing team as part of wider restructuring.…