RUMOR MILL
Monday, June 7, 2010
Azoff Eyes Idol
AZOFF EYES IDOL: Irving Azoff is reportedly set to back Allen Shapiro's fight to buy American Idol franchise owner CKX Inc. The N.Y. Post reports he is ready to invest as much as $200 million for between 25 and 33% of the company. Shapiro’s bid is backed by One Equity Partners, an arm of JPMorgan Chase. A group headed by Simon Fuller, an American Idol principal who sold his company, 19 Entertainment, to CKX in 2005 for $300 million, is the other bidder, with an offer of $600 million. CKX, valued at $460 million, owns the rights to Elvis Presley and Muhammad Ali, among others. Robert Sillerman, who retains a 20% stake in the company, unexpectedly stepped down a few weeks ago, replaced by CEO Michael Ferrel. (6/7a)
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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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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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
