Viacom Sells Famous Music to Sony/ATV
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NEW YORK -- Viacom Inc. said Wednesday it is selling Famous Music, a music publishing business whose catalog has more than 125,000 songs including "Moon River" and "Footloose," to a unit of Sony Corp. for about $370 million.
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NEW YORK (Billboard) - In a bold move to pave the way for  more widespread licensing of music publishing rights, EMI Music  Publishing and Sony BMG Music Entertainment have entered an  umbrella agreement that sets working guidelines for clearing  rights to new digital music delivery opportunities on phones,  PCs, digital cable systems and emerging physical  configurations.
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U.S. media conglomerate Viacom has   teamed up with private equity group Apollo to submit an offer   for BMG Music Publishing in a bid battle that could top 1.5   billion euros ($1.92 billion), sources close to the matter   said.
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Wurld Media has concluded agreements with Sony BMG, Universal Music Group and Warner Music Group to facilitate the licensing of music exchanged on its peer-to-peer music network.
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Yahoo Inc has agreed to distribute an  online music performance series through a high-definition  channel from Viacom Inc&#39;s MTV, the New York Post reported in  its online edition on Thursday.
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U.S. media conglomerate Viacom has  teamed up with private equity group Apollo to submit an offer  for BMG Music Publishing in a bid battle that could top 1.5  billion euros ($1.92 billion), sources close to the matter  said.
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By MICHAEL LIEDTKE  SAN FRANCISCO - Warner Music Group Corp. has agreed to distribute and license its copyrighted songs and other material through online video trendsetter YouTube Inc., marking another significant step in the entertainment industry's migration to the Internet.
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LOS ANGELES -- Three recording companies have agreed to make music available to be shared and sold over an online file-swapping service that aims to lure music fans away from rival services where trading of music and movies remains unfettered.
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including its own Sony BMG venture - over the MP3 song format. Sony is considering manufacturing devices that play digital
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Three major music labels have signed up to allow their music to be used by the Peer Impact peer-to-peer (P2P) service, according to a report from the Reuters news agency.
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A company that many expected never to make it to launch has opened up offering 770,000 songs
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Another major label strips digital rights management restrictions from its songs to partner with the world's biggest e-tailer.
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The Sony Corporation today agreed to buy the Hollywood film studio Metro-Goldwyn-Mayer and its valuable film library after rival Time Warner withdrew from the bidding.
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THE REGION Viacom Inc.'s MTV unit agreed to buy Harmonix Music Systems Inc., the developer of video games such as Guitar Hero, for $175 million to expand its interactive and digital businesses. MTV, based in New York, and Harmonix, of Cambridge, will develop products for the cable television network's online and mobile businesses, spokeswoman Marnie Black said in an interview. ...
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Viacom Inc. (VIAb.N)  said on  Wednesday it has agreed a deal to sell its Famous Music  Publishing unit to Sony/ATV Music Publishing.
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The music rights of Mukta Arts' 'Aitraaz' has been acquired by Sony Music.
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Under the broad partnership, Viacom's TV and movie content will find its way on to Xbox and MSN, while Microsoft will be able to server ads to Viacom's U.S. web sites.