• Biz

Bertelsmann sales rise 2.3%


German media giant Bertelsmann announced on Thursday that its sales reached 11.7 billion marks ($6.5 billion) in the second half of 1997, an increase of 2.3% over the same period of the previous year.


  • Biz

EMI high on offer

By and

EMI Group confirmed Thursday it had been approached about a possible takeover offer, believed to have come from Universal Studios' parent Seagram Co., although the music giant would not confirm the…

Mottola now CEO at Sony


Sony Music Entertainment has upped Thomas D. Mottola to CEO, a promotion that recognizes Mottola's successful efforts to elevate Sony from the middle of the pack, with single-digit market shares, to…

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