Quantcast

EMI MAY NOT BE SINGLE FOR LONG

Company Reportedly Being Wooed
With Offers Of Dim Sum, Knockwurst
Warner Music Group may have left EMI at the merger altar, but the British music company may soon find its dance card filled. A pair of suitors is reportedly ready to come a-courting.

A German newspaper is reporting Bertelsmann AG has its eye on EMI. The Frankfurter Allgemeine Zeitung (FAZ) business daily said Bertelsmann was flirting with the option after EMI and Warner Music abandoned their merger plan despite offering to make hefty concessions to the European Commission.

Bertelsmann, which has set itself the goal of becoming the world's largest music group, declined to comment on the FAZ report. "We don't comment on speculation of this kind," said stereotypically German spokesman Manfred Harnischfeger, "other than to say, ‘Today EMI! Tomorrow the world!'"

Meanwhile, The New York Times is reporting Hong Kong Internet and telecoms group Pacific Century CyberWorks is again eyeing EMI. Sources close to the company said PCCW lacks the cash to complete a merger of such size on its own. PCCW was also not available for comment.

WMG KEEPS GROWING:
A $6B FISCAL '22
Cooper sets the table for Kyncl. (11/23a)
SONG REVENUE: TURKEY TROT
The Lipmans are thankful for their superstars. (11/25a)
THE LENNY BEER
PRE-HOLIDAY ALBUM
...with all the trimmings (11/25a)
NOISEMAKERS: A THANKFUL BUNCH
The kids are alright. (11/25a)
SOME FINAL THOUGHTS FROM STEVE COOPER
All good things come to an end. (11/23a)
GRAMMY SEASON
Artists sound off on the prospect of being nominated
CATALOG ECONOMICS
They're changing the game... for some.
VOTING AGAINST FASCISM
You're helping with the runoff, right?
IS IT CHRISTMAS YET?
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)