Helping fuel the rumor was Bertelsmann’s recent sale of its 50 percent stake in AOL Europe, which would provide plenty of capital for a purchase, and the media group’s well-publicized desire to expand its music business.
"Vee deny zat," Bertelsmann spokesman Markus Payer said of the Universal offer. "But ze misconception is understandable. Vat vee haff been talking about vas universal domination, not domination of Universal."
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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