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  • Sony Music Entertainment is a United States music corporation owned and operated by Sony Corporation of America, a subsidiary of Japanese conglomerate Sony Corporation. In 1929, the enterprise was first founded as American Record Corporation and, in 1938, was renamed Columbia Recording Corporation, following ARC's acquisition by CBS. In 1966, the company was reorganized to become CBS Records. In 1987, SCA bought the company and, in 1991, renamed it SME. In 2004, SME and Bertelsmann Music Group merged as Sony BMG Music Entertainment. Later, when Sony acquired BMG's half of the conglomerate, it reverted to the SME name – the buyout led to the dissolution of BMG, which relaunched as BMG Rights Management. SME is middle-sized of the "Big Three" record companies, with Universal Music Group and Warner Music Group. Wikipedia

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