The purpose of the company is the production, marketing and distribution of sound and audiovisual recordings in any physical and intangible form, the production of related goods and the provision of related services, the acquisition and exploitation of other industrial property rights and the publication of music works. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. The company may engage in all commercial activities that are directly or indirectly related to the purpose of the company and take all measures that appear to be suitable for promoting the company's purpose or are related to it.