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Whalley's New World?

WHALLEY'S NEW WORLD? UMG boss Lucian Grainge, Barry Weiss and Universal Republic's Monte Lipman are talking to ex-Warner Bros. Records boss Tom Whalley about a joint venture for a West Coast-based imprint to fall under Universal's growing number of labels. According to insiders, there's still discussion going on. (6/17p)

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