Bandier on merger
BANDIER’S STORYBOOK ENDING: Reporting on the FTC’s green-lighting of the Sony/ATV-EMI Music Publishing merger, the N.Y. Post’s Claire Atkinson came up with some plums. The EMI name—which used to stand for Electric and Musical Industries—will be phased out in most regions, she discovered, and EMI’s 1.3 million songs, including post-Beatles works of John Lennon, will be reunited with the Lennon-McCartney catalog currently housed by Sony/ATV. Sony has a 40% stake in EMP, and the total asset value of the two companies is between $4 billion and $5 billion. Marty Bandier described the acquisition as a “storybook ending” in an interview with Atkinson. “I have a free hand to grow and build it. I know the assets and love them, and can hum most of them.” As previously reported, Sony agreed to sell Virgin Music and Famous Music U.K. as conditions of approval. (7/2a)
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)
| ||
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!
|
A CHORUS OF PRAISE: IVORS 2024 NOMS
