RUMOR MILL
Friday, September 13, 2013
MSG to sell Fuse
CHANGE OF FUSE: Madison Square Garden Co. is taking steps to unload music-TV channel Fuse and has enlisted JPMorgan Chase to research the sale, Bloomberg reports. A statement from MSG acknowledged the company had been approached by buyers for Fuse but declined to name them; the story speculates the cable outlet’s value may be around $300-400 million. As you may have heard, MSG recently formed a new music company, Azoff MSG Entertainment, with a certain impresario whose name escapes us at the moment. MSG stock was up 1.6% at market’s close today. (9/13p)
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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