Formed in 2009, the Archive Team (not to be confused with the archive.org Archive-It Team) is a rogue archivist collective dedicated to saving copies of rapidly dying or deleted websites for the sake of history and digital heritage. The group is 100% composed of volunteers and interested parties, and has expanded into a large amount of related projects for saving online and digital history.
The completion of the previously announced deal “marks the start of an exciting new chapter in our proud history,” says Sony/ATV CEO Martin Bandier.
The Sony Corp. has completed its acquisition of the Michael Jackson's estate share of Sony/ATV Music Publishing, giving it sole ownership of the music publishing powerhouse.
The deal was first announced in March, but it took a while to close because the transaction had to be scrutinized by the EU Commission and because the Jackson estate needed to do some house cleaning in preparation for cashing out, sources say.
While the press release announcing the closing said that Sony paid $750 million for the Jackson's estate 50% share in the company, Billboard estimates that the company's valuation was anywhere from $2.2 billion to $2.4 billion when debt and an earlier agreed upon discount-- for some other consideration previously given by Sony to the Jackson estate--are taken into account.