by Zach Shaw | May 4, 2011 | Label Moves, Rumors and Gossip
It seemed Warner Music Group had lucked out back in April with so many bidders showing interest in purchasing the label. Reports were even saying that the bidding price at the time was near $3 billion. But with the first week of May upon us and no purchase made yet,...
by Zach Shaw | Apr 11, 2011 | Label Moves
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...
by Bram Teitelman | Mar 28, 2011 | Label Moves
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...
by Zach Shaw | Mar 14, 2011 | Label Moves, Rumors and Gossip
Warner Music Group has been rumored to be up for sale for the past few months. Seeing that they recently experienced their 8th straight quarterly loss last month, such rumors aren’t so hard to believe. However, who might be putting in a bid for the label might come as...
by Zach Shaw | Feb 21, 2011 | Label Moves
[youtube]http://www.youtube.com/watch?v=WosaaN49zm8&feature=player_embedded[/youtube] MetalSucks had speculated that Between The Buried And Me would sign with Metal Blade Records a while ago, and it especially seemed likely to happen since frontman Tommy Rogers...
by Bram Teitelman | Feb 1, 2011 | Label Moves
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...