Going for a song

A music publishing group with the rights to songs by Robbie Williams and Coldplay agreed to be taken over in a £1bn deal.

A music publishing group with the rights to songs by Robbie Williams and Coldplay agreed to be taken over in a £1bn deal.

BMG Music Publishing, which has a catalogue of more than one million songs including Christina Aguilera, Maroon5, Keane and Justin Timberlake, agreed to the sale as part of moves to clear 4.5 billion euros (£3 billion) of debt belonging to its owner Bertelsmann.

The group will be integrated into French company Vivendi's Universal Music Group.

The sale will add to Vivendi's publishing catalogue which includes song titles American Pie, Strangers in the Night and Girl from Ipanema.

Journalists

David Whetstone
Culture Editor
Graeme Whitfield
Business Editor
Mark Douglas
Newcastle United Editor
Stuart Rayner
Sports Writer