Sony Music's parent is keeping its US HQ in New York, as it reveals a new address at 11 Madison Avenue.
The company's previous head office address was at 550 Madison Avenue in the city. It reportedly sold the property for $1.1billion earlier this year.
According to the New York Post, the new office will comprise more than 500,000 square feet at the top of the 30-story tower between East 24th Street and 25th Street, overlooking Madison Square Park.
Sony Corporation of America encompasses Sony Music Entertainment, Sony/ATV Music Publishing and more divisions.
The Post reports that no financial terms have been disclsed, other than the deal works out at 'more than $70 a foot'.