All eyes are on the future of Sony/ATV after parent Sony Corp began a buy-sell process last week with the publisher's co-owners, the Michael Jackson estate. But one firm has already ruled itself out as a potential buyer for any part of the company should the opportunity arise.
Speaking to the Financial Times, BMG boss Hartwig Masuch said without question that he would not be tempted to acquire, saying that "the risks associated with integrating a company of that size outweigh whatever the potential benefits are."
The potential 100% acquisition of Sony/ATV by either Sony or the Michael Jackson estate was confirmed in a memo to staff by Marty Bandier earlier this week.
BMG has made a number of significant acquisitions in recent months, with Infectious Records being the most notable buy in the UK last September...
