Word: swid
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Dates: during 1990-1999
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...energetic partnership that was formed in 1986 by Stephen Swid, Martin Bandier and Charles Koppelman to produce records for other companies. The firm scored a major coup that year when it paid $125 million to buy CBS's music-publishing division, which held the rights to more than 200,000 songs ranging from Over the Rainbow to the score from Hair. Less than three years later, SBK turned around and sold the catalog to Thorn EMI, the British entertainment giant, for $295 million. As part of that deal, EMI gave $30 million to Koppelman and Bandier (Swid had left...