EMI negotiating a merger with Warner Music - again
Written by roxeteer on September 22, 2003 to Music Business.
LONDON - EMI Group Plc, the London-based head office of Roxette’s record company, has returned to the negotiating table with Time Warner. According to sources, EMI is refreshing the offer they made earlier this year to take control of Time Warner’s music branch. The rumor has it that EMI is offering Time Warner 1.5 billion Euros.
At the same time, Time Warner is in talks with German media giant Bertelsmann about joining forces in music business. The joint venture of Warner Music and Bertelsmann’s BMG would create the world’s second biggest music company.
Time Warner, Bertelsmann, Warner Music, BMG and EMI have all declined to comment.
Other articles with the same topic
- Billboard mentions Roxette (February 26, 2011)
- Citigroup takes control of EMI (February 1, 2011)
- Kobalt signs Roxette in North America (January 13, 2011)
- Record "The Look" and win $5,000 shopping spree (August 11, 2010)
- EMI Music triples full-year earnings (May 8, 2009)
6 comments
roxeteer (moderator) said on September 22, 2003 19:26:
The image has been edited. Here’s the real one: http://www.idigalleri.org/idi/arkiv/gyllenetider.htm
It’s an ad for some sort of senior citizen culture exhibition if I understood correctly. They also have a web site at http://www.gyllenetider.info/
rox-kuryliw said on September 22, 2003 11:58:
ive been hearing this over the last couple of weeks on and off, no supprise !!!