It should be Sony
Information:
Sony Records traces the history of Sony Music, the earliest Columbia record company was established in 1890 In 2007, CBS, one of the three major television networks in the United States (the others being NBC and ABC), was historically known as the three major record groups along with PolyGram and Bertelsmann. The company produced the world's first 12-inch LP record in 1948, and set up a branch in London in 1965, becoming a record group spanning Europe and the United States. In 1989, Columbia Records was acquired and merged by Japan's Sony consortium for US$2 billion. The original Columbia and CBS trademarks were abolished and the new Sony Music and Sony Classical trademarks were used to release records, becoming one of the five major record groups in the 20th century. Sony Records owns Columbia Records, Epic Records, Sony Classical, Leqacy Recording, Sony Nashville, Sony Wonder and other brands. Looking at today's Chinese music scene, Sony Records has become the well-deserved ace with its strong strength and golden lineup of many Chinese first-line singers. Sony Records established Sony Columbia Music Co., Ltd. in Taipei in the early 1990s to enter the Chinese music scene. Different from the mainstream Hong Kong and Taiwan pop music at that time, Sony Records entered the Chinese market with a popular Westernized music route. Throughout the 1990s, Sony Records boldly introduced Western pop music elements such as Ramp; Coupled with the good quality of records by Meng Tingwei, Peng Ling, Lin Zhixuan and others, Sony's record business was beginning to take shape in the late 1990s. Sony Records ushered in a truly glorious period after two thousand years. Not only did it create the idol myth of F4, but it also spent a lot of money to recruit people and build SONY's "top flagship" with fashionable and diverse styles. In two years, they obtained the record distribution rights of Jay Chou of "Alfa Music" and Faye Wong of "Silver Fish Music" in one fell swoop, acquiring two absolute aces in the Chinese music industry. At present, Sony Records has male singers Jay Chou, Adu, Wang Leehom, Ming Lai, Wu Sikai, and Yu Chengqing. Female singers Faye Wong, Jolin Tsai, Mok Wenwei, and Coco Lee, both old and new, have distinctive personalities. Idol groups F4, Komi Xiaozi is even closer to the young audience. Compared with other big companies, Sony Records has more elite troops and strong generals, and the respective promotions of many big names are also quite successful. Strong capital, following the mainstream, diversified music, detailed market, and being targeted are the success of Sony Records, which also allows them to successfully stand at the commanding heights of the Chinese music scene. However, there have always been objections to Sony's positioning of high-priced records, but for Sony Records, which is known for its scale and singers.
Sony and Bertelsmann jointly announced in New York on the morning of August 5, 2008. According to the information released by both parties, Sony spent US$1.2 billion to acquire 50 shares of SonyBMG held by Bertelsmann. In addition to the other 50 shares originally held by Sony, SonyBMG will be wholly owned by Sony in the future. The copyrights of all artists under the original SonyBMG Transferred to Sony, and SonyBMG will be renamed Sony Music Entertainment Inc. At the same time, all Bertelsmann digital music distribution channels will continue to serve Sony for another six years.
Sony CEO Howard Stringer said that music has always been Sony's most valued asset, and this successful acquisition allows Sony to better Music and related electronics come together.
However, Bertelsmann did not completely lose all SonyBMG copyrights. They retained the European management rights of about 200 artists. These artists will be operated by the BMG label owned by Bertelsmann, and their works will also be Distributed by Sony Corporation.
SonyBMG was formed by the merger of two major record companies, Sony (called Sony Records in Asia) and BMG at the end of 2004. This was one of the biggest news in the record industry that year. After this transaction, Arista Records, Columbia Records, Epic Records, J Records, Jive Records, RCA Records and Zomba, formerly SonyBMG's sub-labels, were all brought under Sony's umbrella. (
The outlook is still quite optimistic.