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Sony/ATV Music Publishing said it bought the catalog of award-winning songwriters Jerry Leiber and Mike Stoller, including such hits as “Hound Dog” and “Jailhouse Rock.” Terms were not disclosed, although the catalog is valued at about $50 million, industry executives said.
Seagate Technology said its fiscal third-quarter profit fell 22% because of a tough pricing environment, slower-than-expected demand and acquisition costs.
