Press Release: Mergers: Commission approves Sony and Mubadala’s takeover of EMI’s music publishing business, subject to conditions

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over the music publishing business of EMI Group, a British company, by Sony Corporation of the USA and Mubadala Development Company PJSC, an investment fund based in the United Arab Emirates.

The decision is conditional upon the divestiture of the worldwide publishing rights to four catalogues and the musical works of 12 contemporary authors. In light of these commitments, the Commission concluded that the transaction would not raise competition concerns.