On November 17, 1987, SCA acquired CBS Records, which hosted such acts as Michael Jackson, for US$2 billion. CBS Inc., now CBS Corporation, retained the rights to the CBS name for music recordings but granted Sony a temporary license to use the CBS name. CBS Corporation founded a new CBS Records in 2006, which is distributed by Sony through its RED subsidiary.
On November 17 , 1987 , SCA acquired CBS Records , which hosted such acts as Michael Jackson , for US$ 2 billion . CBS Inc. , now CBS Corporation , retained the rights to the CBS name for music recordings but granted Sony a temporary license to use the CBS name . CBS Corporation founded a new CBS Records in 2006 , which is distributed by Sony through its RED subsidiary .
In what year did SCA buy CBS Records?
In what year did SCA buy CBS Records ?
1987
1987