Backstreet Boys

Sony BMG Music Entertainment was a recorded music company, which was a 50–50 joint venture between the Sony Corporation of America and Bertelsmann AG. The venture’s successor, the again-active Sony Music Entertainment, is 100% owned by the Sony Corporation of America. Sony BMG Music... Entertainment began as the result of a 50–50 joint venture between Sony Music Entertainment and Bertelsmann Music Group completed on March 4, 2004. It is one of the Big Four music companies, and includes ownership and distribution of recording labels such as Arista Records, Columbia Records, Epic Records, J Records, Jive Records, RCA Victor Records, RCA Records, Legacy Recordings, Sonic Wave America, and others. The merger affected all Sony Music and Bertelsmann Music Group companies worldwide except for Japan, where it was felt that it would reduce competition in that country’s music industry significantly. Financial analysts covering the merger anticipated that up to 2,000 jobs would be cut as a result, saving Sony BMG approximately $350 million annually.
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Sony Music Entertainment is the second-largest global recorded music company of the "big four" record companies and is controlled by Sony Corporation of America, the United States subsidiary of Japan's Sony Corporation. The company, which evolved into Sony Music, was founded in 1929 as the... American Record Corporation through the merger of several smaller record companies. In the depths of the Great Depression, the Columbia Phonograph Company in the U.S. was acquired by ARC in 1934. ARC was acquired in 1938 by the Columbia Broadcasting System . The Columbia Phonograph Company had international subsidiaries and affiliates such as the Columbia Graphophone Company in the United Kingdom, but they were sold off prior to CBS acquiring American Columbia. RCA Victor Records executive Ted Wallerstein convinced CBS head William S. Paley to buy ARC and Paley made Wallerstein head of the newly acquired record company. CBS made Columbia its flagship label with Okeh its subsidiary label while deemphasizing ARC's other labels.
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Rhythm and blues, often abbreviated to R&B, is a genre of popular African American music that originated in the 1940s. The term was originally... used by record companies to describe recordings marketed predominantly to urban African Americans, at a time when "urbane, rocking, jazz based music with a heavy, insistent beat" was becoming more popular. The term has subsequently had a number of shifts in meaning. From the early 1950s, the term rhythm and blues was frequently applied to blues records. Starting in the 1950s, after this style of music contributed to the development of rock and roll, the term "R&B" became used to refer to music styles that developed from and incorporated electric blues, as well as gospel and soul music. By the 1970s, rhythm and blues was used as a blanket term for soul and funk. In the 1980s, a newer style of R&B developed, becoming known as "Contemporary R&B". Jerry Wexler of Billboard magazine coined the term "rhythm and blues" in 1948 as a musical marketing term in the United States. It replaced the term "race music", which originally came from within the black community, but was deemed offensive in the postwar world.
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