Editing Warner Chappell Music (section)

===Formation of Warner Chappell (1987)===

In 1984, PolyGram sold Chappell & Co. to a group of private investors that included music executive Freddy Bienstock, who moved the company's head office from London to New York. In 1987, Warner Communications — then parent of [[Warner Music Group]] — purchased Chappell from those investors for $275 million and merged it with its existing publishing holdings, including the MPHC catalog, under the name '''Warner/Chappell Music'''. The deal was led by Warner Communications chairman '''Chuck Kaye'''. The combined entity became one of the world's two or three largest music publishers overnight, uniting the Great American Songbook holdings of the Dreyfus-era Chappell with Warner's Tin Pan Alley acquisitions. In 1990, Warner Chappell became a subsidiary of [[Time Warner]] following Warner Communications' merger with Time Inc.