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Singer Dermot Kennedy Shares Acoustic Video of His New Single “Power...

Singer/songwriter DERMOT KENNEDY shares his incredible live acoustic session for his brand-new single ‘Power Over Me’. The single has already topped global streams of over four million, adding...

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Deal Done: Sony / EMI Music Publishing Merger Completed

Sony / EMI Music Publishing Merger Completed

Sony has finished up its acquisition of EMI Music Publishing. The news was discovered in a filing with the SEC Wednesday.  The merger is expected to give Sony nearly $1.3 billion in revenue. News of the deal comes about three weeks after the EU Commission gave the deal regulatory approval. However, back in 2012, Sony and other investors acquired EMI Music Publishing for $2.2 billion dollars.  To finish the outright ownership deal that was valued at $4.75 billion dollars, Sony paid about $2.3 billion to buy out the other investor groups. To get the deal done, Sony paid $287.5 million to the Jackson estate for its nearly 10 percent share.  Sony also agreed to assume $1.359 billion in debt. According to the SEC filing,

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AMP 92.3’s Rick Thomas Talks to All Radio News

The winner of the All Radio News Top 10 Rhythmic PDs, Top 40 Amp 92.3's Rick Thomas took a minute to give us an...