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Sony-led group wins EU approval to buy EMI publishing

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BRUSSELS, Apr 20: A Sony-led consortium won EU approval on Thursday to buy EMI�s music publishing business for $2.2 billion, on the condition that it sell the worldwide publishing rights of artists including Robbie Williams and Lenny Krativz. Sony, with Blackstone Group, Abu Dhabi�s Mubadala Development Co. Raine Group and music and film mogul David Geffen, won the bidding for EMI Publishing last year in a deal that will put Sony top in global music publishing. (agencies)
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