Sony Reportedly In Talks To Purchase Big Machine Label Group
November 9, 2011 at 6:54 AM (PT)
BLOOMBERG NEWS is reporting this morning (11/9), that SONY CORP. is negotiating to acquire the BIG MACHINE LABEL GROUP, the home of acts such as TAYLOR SWIFT, RASCAL FLATTS, REBA and many others.
According to the report, a sale of that magnitude may bring more than $200 million.
BIG MACHINE was started by CEO/Chairman SCOTT BORCHETTA in 2005.