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Sony completes purchase of remaining 50 percent of Sony/ATV Music Publishing for $750 million

( October 3, 2016, 02:44 GMT | Official Statement) -- MLex Summary: Sony Corp. has completed its purchase of the remaining 50 percent stake in Sony/ATV Music Publishing from the estate of Michael Jackson for $750 million after obtaining regulatory approval. The Tokyo-based company made the announcement today in Japanese. The same announcement was made in English on Sept. 30 in New York. The transaction won’t affect the estate’s “substantial interests in other music areas, including all of Michael Jackson’s master recordings,” according to the statement.The statements, in English and Japanese, are attached. ...

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