RUMOR MILL
Friday, April 29, 2011
MySpace bids coming in
A SITE FOR SORE EYES: A half-dozen suitors are expected to submit bids for MySpace by the end of this week (hey, that’s today), the Wall Street Journal reports. Sources told that the bidders include WMG major owners Thomas H. Lee Partners, Criterion Capital Partners, which owns social network Bebo, and Redscout Ventures. The once-groundbreaking but now beleaguered site also reportedly drew initial interest from Vevo, and "a Chinese Internet company kicked the tires as well. Parent company News Corp. has set a $100 million minimum bid price, according to sources. (4/29a)
STAGECOACH: THE FINAL DESERT EXCURSION
Our weary travelers reflect on their adventure. (4/30a)
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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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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BILLIE'S BACK WITH BIG WORLD TOURrumor mail
