Sony-led group wins EU approval to buy EMI publishing

BRUSSELS, Apr 20: A Sony-led consortium won EU approval on Thursday to buy EMI’s music publishing business for $2.2 billion, on the condition that it sell the worldwide publishing rights of artists including Robbie Williams and Lenny Krativz. Sony, with Blackstone Group, Abu Dhabi’s Mubadala Development Co. Raine Group and music and film mogul David Geffen, won the bidding for EMI Publishing last year in a deal that will put Sony top in global music publishing. (agencies)