WSJ says Blavatnik's in lead
FROM RUSSIA, WITH CASH: In his latest update on the WMG derby, Wall Street Journal scoop specialist Ethan Smith puts Len Blavatnik’s Access Industries comfortably in front of fellow financial bidder the Gores brothers. The deal would value Warner at around $3.3 billion including assumption of debt. Warner's board has been considering offers since Monday, and is likely to decide which to accept by the end of the week, people familiar with the matter told the reporter. It was unclear how receptive the board was to the offers from strategic buyers, some of them reportedly joint bids, given their complexity and the potential regulatory hurdles they could raise. Beyond Smith’s report, it remains to be seen whether Blavatnik and his friend Edgar Bronfman are in bed together, figuratively speaking. (5/5a)
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
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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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JAMES KING: THE HITS INTERVIEW (PART ONE)
