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Music companies in talks to buy show tunes catalogue

September 2nd, 2008 Posted in World Showbiz News

NEW YORK (Reuters) - The Rodgers & Hammerstein Organization is in talks with major music companies to sell its catalogue of Broadway musical show tunes for between $150 million (84 million pounds) to $200 million, according to people familiar with the matter.

EMI Music Publishing, Sony Corp’s Sony/ATV Music Publishing, Vivendi’s Universal Music Publishing and Warner/Chappell Music Publishing are all looking over the catalogue which includes songs from shows like the Sound of Music, King and I and South Pacific.

(Reporting by Yinka Adegoke; Editing by Phil Berlowitz)

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