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Sony Weighed Sale of Music-Publishing Arm, Emails Show

Sony has considered selling its vast music-publishing business, which includes the rights to more than 250 Beatles songs owned in conjunction with the estate of Michael Jackson, according to hacked emails.

As recently as last month, Sony executives in Japan and the United States discussed a “top secret” plan to divest itself of Sony/ATV, as detailed in emails first reported on Tuesday by Bloomberg News.

“I’d like to hear your thoughts on the music publishing business, which has a rather complex capital and governance structure and is impacted by the market shift to streaming,” Kenichiro Yoshida, Sony’s chief financial officer, wrote on Oct. 3 to Kazuo Hirai, Sony’s chief executive, and Michael Lynton, the Los Angeles-based head of the company’s entertainment businesses.

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