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Showing posts with label
CEO-Jon Platt
.
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Showing posts with label
CEO-Jon Platt
.
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Wednesday, February 10, 2021
Sony Music Publishing returns with a 'modern vision' – via a rebrand of Sony/ATV
Sony Music Publishing returns with a 'modern vision' – via a rebrand of Sony/ATV
The world's biggest music publishing company is no longer called
Sony/ATV
. It's now
Sony Music Publishing
.
The re-brand of the US-headquartered pubco sees the
Sony Music Publishing
name return for the first time in over two decades, complete with a new logo.
The move marks 25 years since
Sony/ATV
was first established in 1995 through a joint venture between Sony and Michael Jackson. That merger brought together the original
Sony Music Publishing
with Jackson’s
ATV Music
, which the late artist acquired in an astonishingly smart buy for just
$47.5m
in 1985.
A process of modern publishing unification at Sony began in 2016, when the company acquired the Michael Jackson estate’s
50%
share of
Sony/ATV
for
$750m
, making it a wholly owned Sony company.
In 2018,
Sony
further consolidated its position at the largest music publisher – and simplified its structure – via the purchase of full ownership of
EMI Music Publishing
via two deals jointly worth more than
$2.5bn
.
This recent process of unification has been reflected in the new re-brand to
Sony Music Publishing
, a move driven by the publishing company's Chairman & CEO,
Jon Platt
...
(MBW)
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