Bertelsmann agrees to sell BMG Music Publishing to Vivendi for 1.63 bln euros
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German media giant Bertelsmann said it had agreed to sell its BMG Music Publishing arm to French group Vivendi for 1.63 billion euros (two billion dollars).
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Vivendi SA is close to an agreement to  buy Bertelsmann's BMG Music Publishing unit for about 1.6  billion euros ($2.1 billion), a source familiar with the deal  said.
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Nearly a year since it was sold by Vivendi Universal (V) to private investors, online retailer eMusic has undergone a facelift that includes a panel of music critics to help users comb its trove of independent music.    The revamped service, scheduled to debut Wednesday, is the latest evolution for the pioneering retailer, the first to sell digital music files online in the late 1990s...
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BERLIN -- German media company Bertelsmann AG has signed a "definitive agreement" to sell BMG Music Publishing Group to Vivendi for $2.09 billion, the companies announced Wednesday.
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Universal Music, the world's number one seller of recorded music, has said it was set to become the world's top music publisher thanks to a 1.63-billion-euro (2.0-billion-dollar) deal to buy Bertelsmann's BMG Music Publishing unit.
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BRUSSELS, Belgium -- EU regulators gave Universal Music Group clearance Tuesday to buy BMG Music Publishing for about $2.09 billion in a deal that will create the world's largest music publishing company.
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Bertelsmann AG settled a lawsuit filed  by the National Music Publishers&#39; Association that charged the  media company&#39;s investment in file sharing service Napster  encouraged the abuse of copyrighted content.
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Vivendi Universal SA, owner of the world&#39;s largest music company, plans to sell a 15 percent stake in Veolia Environnement SA to cut debt and focus on media and mobile-phone businesses.
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LONDON, November 25  - Dutch electronics and semiconductor giant, Philips (PHI1.ETR), has sold its entire stake in the French media company, Vivendi Universal.
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Company hopes the $160 million purchase will make it a major player in the music market.
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Viacom Inc.   said on Wednesday it will sell its Famous Music publishing unit to Sony/ATV Music Publishing, the song-music catalog co-owned by pop star Michael Jackson.
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Bertelsmann agrees to sell its BMG Music Publishing Group to Vivendi's Universal Music for 1.63m euros ($2.1m; Â£1.1m).
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German media conglomerate Bertelsmann AG   BERT.UL said on Wednesday it had settled litigation related   to file-sharing service Napster.
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Vivendi's Universal Music, the world's   largest seller of recorded music, is vaulting to the top spot   in music publishing too after agreeing to buy BMG Music   Publishing for 1.63 billion euros ($2.1 billion).
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VIVENDI, whose Universal Music arm is the worldâs biggest music group, has been given the go-ahead by the French government to file returns under a new tax regime that will save it roughly Â£2.
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Philips Electronics, Europe&#39;s largest maker of CD players, said Thursday that it had sold its 3 percent stake in Vivendi Universal, owner of the world&#39;s biggest music company.
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Vivendi said fourth-quarter profit dropped 51 percent from a year ago, when the company had a tax credit and asset sales. Vivendi, parent company of Universal Music, said it earned 610 million euros ($799 million) in the quarter, down from 1.25 billion euros. Revenue rose 1 percent, to 5.5 billion euros ($7.2 billion). Sales at Universal Music fell 1.5 percent.