Sony completes acquisition of Bertelsmann’s 50% stake in Sony BMG

Mumbai: Sony Corporation has announced that it has completed the acquisition of Bertelsmann’s 50% stake in Sony BMG, which was originally announced on 5 August. The music company, to be called Sony Music Entertainment Inc. (SMEI), is now a wholly owned subsidiary of Sony Corporation of America.

SMEI is comprised of premier music labels such as: Arista Records,

Columbia Records, Epic Records, J Records, Jive Records, RCA Records, and

Zomba. Key recording artists include Celine Dion, Alicia Keys, Yo-Yo Ma, Bruce Springsteen, Justin Timberlake, Usher and Jay Chou.

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