Bertelsmann and Sony to Join Music Units

Article Abstract:

Bertelsmann and Sony have established Sony BMG to strengthen their two music divisions in the re cording industry. They anticipate a competing proposed merger between EMI and Time Warner music groups as the industry tries to recover from slumping sales impacted by Internet music file downloads. Antitrust regulators in Europe and the US must approve these mergers which would leave only three major recording companies. Sony BMG will not handle music publishing business and contracts. This new venture will help by reducing duplicate sales and marketing offices around the world.

United Kingdom, Japan, Joint ventures, PRINTING AND PUBLISHING, Publishing, Publishing Industries, Printing & Publishing, Publishing industry, Time Warner Inc., Sound recording industry, Recording industry, Company joint venture, Bertelsmann Music Group Inc., Sony Music Entertainment Inc., EMI Music

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Deal Rumors Permeate Germany's Banking Industry

Article Abstract:

Germany's struggling banking industry is finally seen as a target for merger opportunities by other banks and financial service companies, including foreign ones. Two of the takeover targets include Commerzbank and Deutsche Bank. Citigroup is rumored to be interested in the latter. Acquisition concerns revolve around German banks' willingness to clarify valuation of their industrial assets, delineation of profits and stock prices whose improvements could help to avoid mergers.

Financial Services, Finance and Insurance, Banking industry, Financial services industry, Citigroup Inc., C, Commerzbank AG (Frankfurt, Germany), Deutsche Bank AG (Frankfurt, Germany), DB

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Two Brands Running as a Team to Overtake Nike

Article Abstract:

Investors are excited about the merger between Adidas and Reebok, because the projected cost savings through combined infrastructure may enable the two companies to claim some of the athletic shoe and clothing market from Nike.

Marketing procedures, Market share, Footwear, Except Rubber, Footwear, except rubber, not elsewhere classified, Rubber and plastics footwear, Marketing, adidas-Salomon AG, Nike Inc., Footwear industry, Company marketing practices, Athletic shoe industry, Reebok International Ltd., NKE, RBK, Company market share

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