YOU CAN TAKE IT TO THE BANK: It’s been eerily quiet on the merger front since Faxon’s memo barrage last Friday, but the N.Y. Post’s Claire Atkinson has come up with a tidbit to hold us over until the next revelation. UMG is in talks to hire Allen & Co. and Goldman Sachs as bankers to help it shop $245 million worth of European assets, she reports, which are likely to be sold piecemeal rather than as a single group. Universal is prepared to sell European rights to artists such as Coldplay, Kylie Minogue and Pink Floyd, which are represented by EMI-backed labels Parlophone, Mute, Chrysalis and EMI Classics. The potential buyers include private-equity firms and indie labels such as Big Machine and Glassnote, sources said. (7/31a)
SONG REVENUE: CALM BEFORE THE STORM
J. Cole has his moment; Future-Metro have another big payday. (4/19a)
WARNER CHAPPELL ROPES IN RED CLAY STRAYS
Another big get for Guy and Carianne (4/19a)
THE COUNT: COACHELLA, FROM THE COUCH
The coziest way to experience the fest (4/19a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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