[caption id="attachment_210571" align="aligncenter" width="540"] L - R: Art Laboe & Ben Shapiro[/caption]
Radio Legend Art Laboe, the active radio performer with the longest continuous period of service on air for 75 years and a 2012 National Radio Hall of Fame Inductee, is the inspiration behind the NRHOF’s creation of a special recognition award.
The “One to Watch” recognition award will annually go to a promising radio personality who has demonstrated ratings success, audience growth and impact to one or more radio stations and the communities in which he or she works in. This year, the NRHOF Nominating committee chose Westwood One’s Ben Shapiro. Shapiro is a voice for conservative millennials who cover
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,