The Bidding War For WMG Increases

Since it was revealed that Warner Music Group would be up for sale, rumors of possible bidders have swamped the internet. At one point, it was rumored that Napster co-founder Sean Parker was a part of California billionaire Ron Burkle’s group who were bidding on WMG’s...

In Flames Sign To Century Media

In Flames have signed with Century Media for their upcoming album, Sounds of a Playground Fading.  For those of you keeping track, this will be their fourth label in as many albums, following eOne, Ferret and a long run on Nuclear Blast. The album is due sometime in...

Citigroup Takes Over EMI

EMI, one of the big four label groups, has been sold to Citigroup. The group was sold by Terra Firma, an equity firm that had bought it in 2007 for $4.2 billion. The label group was acquired in a debt for equity swap, which reduces EMI’s debt from 3.4 billion...