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Sony buys EMI to become world's top music publisher

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Sony has agreed to acquire a 60.2% stake in EMI Music Publishing for approximately $2.3 billion from Mubadala Investment Co. Sony already held a 30% position in EMI.

Why it's a big deal: This makes Sony the world's largest music publisher, acquiring millions of songs from artists like The Beatles, Queen, Sia and Kanye West.