SONY BUYS A MAJOR STAKE IN EMI WHICH IS A MUSIC PUBLISHING PLATFORM



Popular technology company Sony has bought a major controlling stake in the music publishing platform called EMI as the company plans to move out of the hardware business and go more into entertainment and gaming business. 

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The company that has in the past been focusing more on hardware business by making products like cameras and other electronic devices has of late decided to venture more into the entertainment business.

 The company has bought the stake for about 2.3 billion dollars.

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