RUMOR MILL
Monday, March 21, 2011
EMI for Sale
CITIGROUP VETS EMI BUYERS: Citigroup “is quietly soliciting interested parties and sitting down to discuss what part of EMI they’d want to bid on and how raidly they could close a deal in the hopes of not being left at the altar,” according to a report in the N.Y. Post this morning. "They're sorting the goats from the sheep, rather than entertaining all comers," said a source. The smart money is on WMG CEO Edgar Bronfman Jr. trying to sell Warner/Chappell and using the money to pay down debt and make a bid for EMI Music. Other interested parties include the same suspects lined up for WMG: UMG, Sony, Ron Burkle’s Yucaipa, private equity firm Apollo and Len Blavatnik’s Access Industries. (3/21a)
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)
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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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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
