{"id":101975,"date":"2021-02-10T17:50:01","date_gmt":"2021-02-10T17:50:01","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=companies&#038;p=101975"},"modified":"2021-02-10T14:55:37","modified_gmt":"2021-02-10T14:55:37","slug":"sony-music-publishing","status":"publish","type":"companies","link":"https:\/\/www.musicbusinessworldwide.com\/companies\/sony\/sony-music-group\/sony-music-publishing\/","title":{"rendered":"Sony Music Publishing"},"content":{"rendered":"<p>Sony Music Publishing is a the world&#8217;s largest music publishing company, and a division of Sony Music Group.<\/p>\n<p>Sony Music Publishing, formerly Sony\/ATV Music Publishing, is headquartered in New York and has been led by Chairman &amp; CEO, Jon Platt, <a href=\"https:\/\/www.rollingstone.com\/pro\/features\/future-25-jon-platt-ceo-of-sony-atv-888999\/\" target=\"_blank\" rel=\"noopener\">since April 2019<\/a>.<\/p>\n<p>The company administers and\/or owns evergreen music catalogs including those made famous by The Beatles, Queen, Motown, Carole King, Leiber &amp; Stoller, Leonard Cohen, Stevie Wonder, Claudia Brant, and Michael Jackson.<\/p>\n<p>Its modern-day roster of songwriters include Ed Sheeran, Beyonc\u00e9, Lady Gaga, Calvin Harris, Cardi B, Daddy Yankee, Jay-Z, Kanye West, and Rihanna, amongst many others.<\/p>\n<hr \/>\n<h6>Sony Music Publishing: Origins<\/h6>\n<p>The beginnings of Sony Music Publishing, formerly Sony\/ATV Music Publishing, date back to 1966. That was when UK television company Associated Television (ATV), already active in recorded music rights, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Sony\/ATV_Music_Publishing\" target=\"_blank\" rel=\"noopener\">acquired two publishing companies<\/a>: New World Music and Jubilee Music, which were both subsidiaries of Chappell &amp; Co.<\/p>\n<p>Importantly, three years later in 1969, ATV acquired Northern Songs, home to the majority of Beatles songs ever written by John Lennon and Paul McCartney. And it was on the bedrock of this huge music catalog that Sony Music Publishing was built.<\/p>\n<p>With yearly cash distributions taken into account, Music Business Worldwide has confirmed, the return on Jackson\u2019s initial $47.5m investment in ATV Music <a href=\"https:\/\/www.musicbusinessworldwide.com\/john-branca-artists-need-to-pay-attention-to-their-legacy-and-be-very-specific-about-it\/\" target=\"_blank\" rel=\"noopener\">exceeded 2,000% over the course of 31 years.<\/a><\/p>\n<hr \/>\n<h6>Sony Music Publishing: Transformation into Sony\/ATV<\/h6>\n<p>In 1985, Michael Jackson acquired the ATV music publishing catalog \u2013 including those Beatles songs \u2013 for the startlingly inexpensive price of <a href=\"https:\/\/www.biography.com\/news\/michael-jackson-paul-mccartney-beatles-music-catalog\" target=\"_blank\" rel=\"noopener\">$47.5 million.<\/a><\/p>\n<p>A decade later, in 1995, Sony Music Publishing merged with Jackson&#8217;s ATV to create Sony\/ATV Music Publishing, which the two parties co-owned.<\/p>\n<p>in 2016, Sony acquired the Michael Jackson Estate\u2019s 50% share of Sony\/ATV <a href=\"https:\/\/www.musicbusinessworldwide.com\/sonys-750m-buyout-sonyatv-cleared-europe\/\" target=\"_blank\" rel=\"noopener\">for $750m<\/a>, making it a wholly-owned Sony company.<\/p>\n<p>Two years later, in 2018, Sony acquired the entirety of EMI Music Publishing via two deals: it <a href=\"https:\/\/www.musicbusinessworldwide.com\/sony-corp-snaps-up-remaining-10-stake-in-emi-music-publishing-from-jackson-estate\/\" target=\"_blank\" rel=\"noopener\">bought 10% of EMP<\/a> from the Jackson estate for $287.5 million, and the <a href=\"https:\/\/www.musicbusinessworldwide.com\/sony-completes-2-3bn-acquisition-of-emi-music-publishing\/\" target=\"_blank\" rel=\"noopener\">bulk of EMP<\/a> in a deal with Mubadala for $2.3 billion.<\/p>\n<p>Sony had owned 30% of EMI Music Publishing prior to these acquisitions, via its stake in a consortium, including Mubadala, that <a href=\"https:\/\/www.musicbusinessworldwide.com\/sony-atv-swoops-emi-music-publishing-2-2bn\/\" target=\"_blank\" rel=\"noopener\">acquired EMP in 2011 for $2.2 billion.<\/a><\/p>\n<hr \/>\n<h6>Rebrand from Sony\/ATV to Sony Music Publishing<\/h6>\n<p>In <a href=\"https:\/\/www.musicbusinessworldwide.com\/sony-music-publishing-returns-as-a-modern-vision-and-a-global-re-brand-of-sony-atv\/\" target=\"_blank\" rel=\"noopener\">February 2021<\/a>, Sony announced that Sony\/ATV was being rebranded to Sony Music Publishing.<\/p>\n<p>Announcing the change, Sony Music Publishing Chairman &amp; CEO, Jon Platt, said: &#8220;Sony Music Publishing has always embraced the power of songwriting to connect cultures and bring people together. Since its inception, Sony Music Publishing has supported the careers of songwriters and continues to defend their rights.<\/p>\n<p>&#8220;Returning to the Sony Music Publishing name reconnects us to our legacy and further unifies our mission and culture with the Sony Corporation. Our new brand embodies a modern vision to be an authentic reflection of the music and songwriters we represent.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sony Music Publishing was reborn in 2021 via a rebrand of Sony\/ATV Music Publishing<\/p>\n","protected":false},"featured_media":101954,"parent":83137,"menu_order":0,"template":"","class_list":["post-101975","companies","type-companies","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/101975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/companies"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/101975\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/83137"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/101954"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=101975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}