NSDTCM:VARIETY HEADLINE NEWS
Bertelsmann to get out of music biz?
Unsubstantiated reports started to come out of Germany that on Tuesday Bertelsmann may be looking to get out of the music business.
Financial Times Deutschland reported that the company's chief financial officer, Thomas Rabe, has discussed with two private-equity companies the possibility of selling the company's stake in Sony BMG. Bertelsmann owns half the recorded music company.
SOURCE (Full Story):Variety.com
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