(Reuters) – Sony Corp is proceeding with a plan to sell its half of Sony/ATV Music Publishing, the world's largest music publisher, the Wall Street Journal reported. Sony, which owns the unit with Michael Jackson's estate, recently triggered a clause in its contract that allows one partner to buy out the other, the Wall Street Journal reported, citing people familiar with the matter. People in the music industry estimate Sony/ATV's value around $2 billion, the Journal said, adding that Sony hasn't put a price tag on its share yet.

Source: Yahoo Music
Link: Sony proceeds with plan to sell music publishing unit: WSJ