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Sony broadens reach

By BroadCasting & Cable Staff -- Broadcasting & Cable, 10/8/2000 8:00:00 PM

Sony Broadband Entertainment has formed a subsidiary to create, incubate, operate, invest in and acquire digital-media companies.

Known as 550 Digital Media Ventures, the subsidiary will work with Sony Corp. of America, Sony Music Entertainment and Sony Pictures Entertainment to develop and manage a collaborative network of digital-media companies. The network will initially consist of more than 35 companies.

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