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CBS Records International was the international arm of the Columbia Records unit of Columbia Broadcasting System, Inc. formed in 1961 and launched in 1962. [1] [2] Previously, Columbia Records had licensed other record companies to manufacture and distribute Columbia recordings outside North America, such as Philips Records and its subsidiary Fontana (now part of the Universal Music Group) in ...
In 1986, CBS sold its music publishing division, CBS Songs, to SBK Entertainment [31] On November 17, 1987, Sony acquired CBS Records for US$2 billion. CBS Inc., now Paramount Global, retained the rights to the CBS name for music recordings but granted Sony a temporary license to use the CBS name. [32] The sale was completed on January 5, 1988 ...
CBS Records may refer to: CBS Records, a former name of Sony Music, a global music company; CBS/Sony, a former name of Sony Music Entertainment Japan, a Japanese music company division of Sony; CBS Records International, a label for Columbia Records recordings released outside North America from 1962 to 1990
The company was incorporated as CBS/Sony Records and with Sony co-founder Akio Morita as president. [6] [7] [8] Norio Ohga, who himself was a musician, was part of the management team from the formation of the company and served as president and representative director since April 1970.
As a result, Sony has successfully broadened its presence across multiple industries, solidifying its position as a leader. In 1988, Sony acquired CBS Records Group, marking its first major step into the music industry. The company entered the film and television sectors with the acquisition of Columbia Pictures Entertainment in 1989.
The CBS Records label was officially renamed Columbia Records on January 1, 1991, worldwide except Spain (where Sony got the rights in 2004 by forming a joint venture with BMG [74]) and Japan. [75] CBS Masterworks Records was renamed Sony Classical Records. In December 2006, CBS Corporation revived the CBS Records name for a new minor label ...
Sony filed a lawsuit Thursday accusing CBS of self-dealing and of failing to maximize revenues in its syndication of “Wheel of Fortune” and “Jeopardy!” Sony and CBS have partnered for ...
At CBS, Yetnikoff was the chief architect of the sale of CBS Records, (which included Epic Records and Columbia Records) to Sony, which in turn created Sony Music Entertainment, in January 1988. Yetnikoff's memoir, Howling at the Moon, written with David Ritz, was published in 2004.