Warner Music Group Acquired by Access Industries
This morning it was announced that Warner Music Group is being acquired by Access Industries and owner Len Blavatnik (who previously had a 2% ownership stake in the company), with an offer of $8.25...
View ArticleBits & Pieces: More on Warners-Access Deal, Google Revealing Music Beta Today...
Following the announcement last Friday morning that Len Blavatnik‘s Access Industries was the winning bidder in the Warner Music Group auction, late rumors bubbled that rival bidder the Gores brothers...
View ArticleMore Bits & Pieces: Blavatnik’s Inside Track at EMI, Bronfman Testifies in...
An official auction of EMI by owner Citigroup has yet to begin, but a piece in the NY Post hints that the bidding might be over before it starts. Citing unnamed sources, the story indicates that recent...
View ArticleMore Bits & Pieces: BMG sizing up Warner/Chappell deal, Spotify inks...
As Citigroup readies EMI for auction, as soon as this month according to reports, KKR-backed BMG Rights Management is already kicking the tires on Warner/Chappell Music according to the New York Post....
View ArticleIndustry Round Up: More UMG and Sony Changes Emerge, Bands in the Mix & more…
With much of the industry attention recently on the new ownership of Warner Music Group and the upcoming auction of EMI by Citigroup, the other two major label groups are back in focus in coming weeks...
View ArticleBits & Pieces: Spotify Closing Final Deals for U.S. + New Funding, NMPA Wants...
There have been many past reports of Spotify launching in the U.S. “soon,” but is it really happening this time? After recent news that the service signed on Universal Music Group, the company’s...
View ArticleEMI Derby: Who Has the Inside Track… Pt. 1
Industry insiders have shared with us recently that they are putting Len Blavatnik‘s Access Industries as the front-runner in the auction of EMI by Citigroup, which is expected to start in the coming...
View ArticleMore Bits & Pieces: Warner Music gets new CEO, Blackberry Messenger music?,...
Today came the announcement that Edgar Bronfman Jr. will be exiting his role as CEO of Warner Music, a post he has held since 2004. He’ll remain on as chairman of the board at Warner Music Group, while...
View ArticleEMI Derby Ramps Up As It Winds Down
Numerous recent reports have Citigroup closing a deal (or two) for the sale of EMI by the end of this week, including a New York Post piece today claiming that a fight for the recorded music arm is...
View ArticleRound Up: Dr. Luke Sony Label Deal (Finally) Announced, EMI Auction Drags On...
In a New York Times feature on Doug Morris yesterday, included among the expected platitudes from the new CEO of Sony Music, like describing his plan for the company as simply “to help create the...
View ArticlePost EMI Auction Round Up
As was expected by many observers, Edgar Bronfman Jr. announced early last week that he was going to be stepping down as chairman of Warner Music Group, presumably as part of the aftereffects of a...
View ArticleOutgoing Warner Music Chairman maligns Universal acquiring EMI
Speaking at the Dive Into Media conference yesterday in California, on what was his last day as Chairman of Warner Music Group, Edgar Bronfman Jr. didn’t mince any words when it came to the topic of...
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