
NEW DELHI: Sony Music plans to invest heavily in acquiring songs and music publishing rights to expand the Indian business and revenue of its recently formed joint venture with the US-basedSony/ATV Music Publishing. After signing the strategic JV for setting up the India operations of Sony/ATV, Sony Music is now looking at investing in publishing rights acquisitions to grow the business in India and drive its revenues, a top official said. Sony/ATV Music Publishing, co-owned by Sony and trusts formed by late Michael Jackson, is among the world's largest holder of music publishing companies and owns or administers copyrights...