Leo Barraclough Senior International CorrespondentSimon Cowell has bought out Sony Music Entertainment’s 75% share in their joint venture Syco Holdings, which owns TV formats such as “Got Talent” and “The X Factor.”Syco Holdings, to be renamed Syco Entertainment, retains ownership of all the company’s television formats.Sony Music Entertainment will retain the music assets joint venture, Syco Music, and all artists will remain signed with Sony Music Entertainment.More to follow.Want to read more articles like this one?.
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