It’s Official: WMG Has Been Sold

Just this morning we reported that an announcement regarding Warner Music Group’s purchase could be made as soon as today after the label’s shares experienced a nice increase this past week. And boom, it’s now official: Russian billionaire Len Blavatnik has purchased...

WMG’s Shares Are… Soaring?

Earlier this week, reports leaked out that after lucking out with so most interest from bidders (who were apparently willing to spend around $3 billion to purchase them), WMG were beginning to rub bidders the wrong way. The label was reportedly making the process so...