Baker & McKenzie’s US and UK Tax Practices Advise Sony and Mubadala Development Company in EMI Music Publishing Acquisition

Baker & McKenzie recently served as tax counsel to Sony Corporation of America and Mubadala Development Company PJSC, which were part of the investor group that announced an agreement to acquire EMI Music Publishing from a wholly-owned subsidiary of Citigroup, Inc. for USD2.2 billion.

The Firm’s core team representing Sony and Mubadala were based in the United States and the United Kingdom, led by Partners Thomas May (Washington, DC) Alex Chadwick (London) and Jonathan Stevens (New York), Senior Associate Patrick J O’Gara (London) and Washington, DC Associates Reza Nader, Amanda H. Worcester, Kristyn A. Medina, and Tatyana Johnson. The team was supported by the Firm’s wider global tax practice in over 21 jurisdictions, including France, Germany and Japan.

EMI Music Publishing is a world-leading popular music publisher with a vast collection of musical compositions and a roster of highly talented songwriters. The business represents and administers one of the world’s most comprehensive and diverse catalogs of over 1.3 million music copyrights covering all genres, periods and territories of the world. In addition to Sony and Mubadala, the investor group also includes the Estate of Michael Jackson; Jynwel Capital Limited; the Blackstone Group’s GSO Capital Partners LP; and David Geffen.