Quantcast

EMI to be split up -- sources

LONG DIVISION: It looks increasingly likely that EMI will be sold off as two separate businesses after final bids came in last week, sources told Reuters. The highest bids on EMI Music Publishing came from BMG and Sony/ATV, and one source added that the two bids came in close to each other. UMG and Len Blavatnik's Warner Music put in bids on recorded music, as expected. Citigroup is expected to pick the winning bidders for the businesses by the end of next week. While WMG has famously been interested in buying all of EMI, significant antitrust hurdles on the publishing side, along with the challenges of lining up financing in a volatile market, makes such a deal unlikely, Reuters’ sources said. (10/13a)

NEAR TRUTHS: KINGDOMS
File under: The enemy of my enemy is my friend. (3/26a)
ONE SHINING HITS LIST
She shoots, she scores! (3/26a)
YTD MARKET SHARE
Zeroing in on the elite teams (3/28a)
BEST IN THE WEST:
STEVE BERMAN
High time for another Eminem skit (3/26a)
MUSIC REVENUE TOPPED $17B IN 2023: RIAA
Streaming subscriptions lead the charge. (3/27a)
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!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)