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. COUNT 5
QSN1 In what year did SCA buy CBS Records? ANS1 1987 QSN2 Who was the biggest artist that CBS had? ANS2 Michael Jackson QSN3 How much did SCA pay for CBS Records? ANS3 $2 billion QSN4 In what year did the CBS Corporation begin another CBS Records? ANS4 2006 QSN5 Who distributes CBS Records material? ANS5 Sony through its RED subsidiary