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 | Digital Media
We’ve been reporting how Spotify’s U.S. debut has been on and off for a while now. Recently, hopes were high after the European music subscription service was reportedly close to an agreement with Sony, only for it to end up being downplayed again. However, while an...
by Zach Shaw | Feb 8, 2011 | Gloom And Doom
Looks like Sony isn’t the only one who experienced a poor fourth quarter this year. DigitalMusicNews.com reports that Warner Music Group’s fourth quarter revenue experienced a 13 percent slip to $752 million, while full-year revenues dropped 7 percent to $2.98...
by Zach Shaw | Jan 21, 2011 | Label Moves
DigitalMusicNews is reporting that Warner Music Group is rumored to be up for sale. WMG is apparently has Goldman Sachs trying to help them find a buyer to get out of the music industry all together. Among the many potential purchasers is Kohlberg Kravis Roberts...
by Bram Teitelman | Nov 22, 2010 | Label Moves
Warner Music Group recently bought the remaining financial stake in Roadrunner that they didn’t already own, but rumors are suggesting their shopping spree might not be over yet. Beleaguered label group EMI could use a bailout, and if you believe industry...