8h / TVBIZZ
Bertelsmann merges firms behind Kylie Minogue, Miles Davis to create world’s No.4 music group
Bertelsmann will combine its music division BMG with rival Concord in a deal that would create the world’s fourth‑largest music company behind industry leaders Universal, Sony and Warner, the German media group said on Tuesday. The cash-and-stock transaction will give Bertelsmann a 67% stake in...

