Bryan “Birdman” Williams (Cash Money CEO) and Cash “Wack 100”Jones (VP Cash Money West), officially sign critically acclaimed Long Beach, CA rapper Saviii 3RD to Cash Money West—the recently launched subsidiary of Cash Money Records.
The imprint’s flagship signing also drops his new single “Troopas” today.
“Troopas,” magnifies the street storytelling and West Coast hustle that quietly turned him into a local phenomenon. Over an ominous beat, he delivers brash and bold bars that build towards a hypnotic hook, while the music video brings the track to life. It stands out as his call-to-arms an
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,