RUMOR MILL
Back to Rumor Mill >
Tuesday, February 21, 2012

UMG-EMI The Clock Starts Ticking

THEY'RE ON THE CLOCK: Amid protests from both Warner Music Group and European indie label coalition IMPALA, Universal Music Group officially submitted its $1.9 billion merger application with the European Commission last Friday (2/17). Sony, which led an investment consortium in a $2.2 billion offer for EMI’s music publishing. is expected to submit its filing soon. In a statement, Universal said it would “work closely with the commission and remain confident of securing clearance.” According to the N.Y. Post, Lucian Grainge’s gamble means, should the Universal-EMI combination be blocked on regulatory grounds and Citigroup be forced to re-sell EMI recorded music at a lower price, Universal would have to make up the difference, which could amount to several hundred million dollars. (2/21p)

 
BACK TO RUMOR MILL
 
HITS LIST BLASTS OFF
Space is the place for Tay. (4/26a)
Check It Out Now
SONG STREAMS: SWIFT SETS STREAMING RECORD
What did you expect? (4/26a)
Check It Out Now
SPRING BREAKOUTS: THESE HEATERS ARE STILL HOT
Who's Boomin who. (4/26a)
Check It Out Now
SONG REVENUE: “SWEET” SMELLS OF SUCCESS
Life after "Church" (4/26a)
Check It Out Now
STAGECOACH: SETS TO SEE AND PLACES TO BE
Saddle up, cowboys and cowgirls. (4/26a)
Check It Out Now
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!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions