LET THE BIDDING BEGIN: With the deadline for EMI bids this Thursday, KKR-backed BMG Rights Management officially submitted its bid for the music group last Friday, according to the N.Y. Post. The five other parties expected to submit bids include Warner Music Group, Sony Corp., Universal Music Group, along with private equity firms Gores Group and Ron Perelman’s MacAndrews & Forbes. According to Reuters, three banks—Goldman Sachs, Credit Suisse and UBS—have said they would work to help finance a deal. EMI's value has been put at between $2.3 billion and $2.7 billion, while others say it's comparable with the $3.3 billion Warner fetched. (7/26a)
RAJ KAPOOR: STACKING THE STARS, MAKING THE ACMs SHINE
Producer putting the finishing touches on Thursday's show. (5/16a)
THE COUNT: LIVE NATION TAPS TYLER, POST, BLINK FOR TOP U.S. FESTS
Cornering the market on surefire headliners (5/16a)
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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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