The Sony publishing deal has passed its biggest remaining bureaucratic hurdle, having been cleared by EU regulators, meaning Sony/ATV will be 100% owned by Sony Corp. Sony's stake in EMI Music Publishing remains 30%. The $750m transaction has been in the works for some time; in addition to removing a certain amount of red tape, the conjoining of Sony's recording side and publishing unit should make the entire enterprise more aerodynamic.

The Sony publishing deal has passed its biggest remaining bureaucratic hurdle, having been cleared by EU regulators, meaning Sony/ATV will be 100% owned by Sony Corp. Sony's stake in EMI Music Publishing remains 30%. The $750m transaction has been in the works for some time; in addition to removing a certain amount of red tape, the conjoining of Sony's recording side and publishing unit should make the entire enterprise more aerodynamic.