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Tag Archives: Warner Music Group

Google Music Reportedly Inks Deals With Sony, EMI

Posted by on November 16, 2011

Ahead of their scheduled launch today, Google Music has apparently reached deals with Sony and EMI, leaving Warner Music Group the sole holdout, according to Bloomberg.

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Google Music Launching Wednesday With Limited Label Involvement?

Posted by on November 14, 2011

The cloud music store is still in its infancy stages, with Amazon the only service to have had a full-fledged launch so far. Look for Google Music to officially join the ranks this Wednesday. Invitations were sent out Friday for an event to be held this Wednesday (16) with the tag line “These Go To […]

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The Big Four Become The Big Three… Labels

Posted by on November 11, 2011

Oh, you thought we were talking about the bands? Nope, they’re still intact. However, EMI’s recorded music division has been sold to Vivendi, who owns the Universal Music Group. The $1.9 billion sale of the label group from Citigroup comes ahead of the expected sale of EMI’s more lucrative music publishing division to an investment group […]

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WMG Out Of the Running To Buy EMI

Posted by on November 1, 2011

Like a spurned girl at a high school dance, EMI just can’t get picked up. Last week, there were two main suitors in the bidding war for the label group and publishing company, Universal Music Group and Len Blavatnik, who owns Warner Music Group. Now, both label groups are out of the running. Universal dropped […]

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Citigroup Likely To Sell EMI In Two Parts, Bidding Starts To Heat Up

Posted by on October 27, 2011

Though the record industry as a whole is going through a rough time, EMI has especially experienced its fair share of trouble. That’s why it’s no surprise that Citigroup Bank is anxious to sell the famed label less than a year after acquiring it from equity firm Terra Firma. And while there were reports floating […]

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Has Spotify Finalized A Deal With WMG?

Posted by on July 8, 2011

When Spotify “announced” that it was finally coming to the U.S., we figured that meant that they finally secured deals with all four of the major labels. However, many sources are reporting that there’s still one more hold out. According to Digital Music News, Spotify has yet to finalize a deal with Warner Music Group. While no […]

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Spotify Signs Deal With Universal, One Step Closer To U.S. Debut

Posted by on June 13, 2011

The European music service’s U.S. debut has been a work in progress for over two years now. While recently made upgrades and rumored partnerships have showed promise, Spotify’s headway in securing licensing deals is making its U.S. debut even more likely. The Wall Street Jounal’s All Things Digital is reporting that Spotify has secured a […]

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WMG’s Shares Are… Soaring?

Posted by on May 6, 2011

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 difficult that some bidders were either exiting out of the […]

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WMG’s “Incompetence” Reportedly Pushing Bidders Away

Posted by on May 4, 2011

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, new reports are saying that […]

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The Bidding War For WMG Increases

Posted by on April 11, 2011

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 recording and publishing units. But according to numerous sources, […]

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