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Bandier on merger

BANDIER’S STORYBOOK ENDING: Reporting on the FTC’s green-lighting of the Sony/ATV-EMI Music Publishing merger, the N.Y. Post’s Claire Atkinson came up with some plums. The EMI name—which used to stand for Electric and Musical Industries—will be phased out in most regions, she discovered, and EMI’s 1.3 million songs, including post-Beatles works of John Lennon, will be reunited with the Lennon-McCartney catalog currently housed by Sony/ATV. Sony has a 40% stake in EMP, and the total asset value of the two companies is between $4 billion and $5 billion. Marty Bandier described the acquisition as a “storybook ending” in an interview with Atkinson. “I have a free hand to grow and build it. I know the assets and love them, and can hum most of them.” As previously reported, Sony agreed to sell Virgin Music and Famous Music U.K. as conditions of approval. (7/2a)

A STAR-SPANGLED
HITS LIST
It's now or never. (7/1a)
BST HYDE PARK: BIGGER THAN EVER
It's the U.K. equivalent of July 4 fireworks. (7/1a)
SADDLE UP:
BEYONCÉ UNVEILS RENAISSANCE ART
She's not horsing around. (7/1a)
SONG REVENUE: DRAKE TAKES
THE CAKE
The rich get richer. (7/1a)
UMG ACQUIRES ALL THINGS ZAPPA
Who's gonna "Freak Out" over this acquisition? (7/1a)
SUPERSTAR RELEASES
Who's next?
MUSIC BIZ SPECIAL
It's Comic-Con for numbers geeks.
THE BIG CHEESE
Theories of evolution from 30,000 feet.
THE NEXT GIANT DEAL
A&R in overdrive.
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