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| I work for a publishers http://egotastic.in.net/ egotastic all-stars photos These acquisitions fit with management's desire to reduce exposure to Europe, move away from traditional advertising and develop its digital businesses. The BMG acquisition scales up its music publishing interests. Music will not though be reported separately, suggesting a high acquisition multiple while not changing the group's earnings profile materially. The partnership with Penguin creates economies of scale, a substantially larger business and better pricing leverage with online distribution platforms like Amazon and iTunes. |
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