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SONY / SONYBMG
M.5272
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Disclaimer :
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
COMP/M.5272 ñ Sony / Sony BMG
SECTION 1.2
Description of the concentration
This notification concerns the proposed acquisition by Sony Corporation of America, a subsidiary of Sony Corporation (together, ìSonyî), of sole control of SONY BMG Music Entertainment (ìSONY BMGî), the recorded music company owned and controlled jointly by Sony and Bertelsmann A.G. (ìBertelsmannî). The change in control will be effected through the acquisition by Sony of Bertelsmannís 50% equity interest in SONY BMG (the ìTransactionî). The Transaction constitutes a concentration pursuant to Article 3(1)(b) of Council Regulation (EC) No. 139/2004.