Tag Archives: WMG

Led Zeppelin Coming To Online Streaming Services Soon

Posted by on January 8, 2013

Led Zeppelin is unarguably one of the biggest bands to ever exist in rock music (just ask President Obama). So would having exclusive rights to stream their vast catalog be a major grab for any streaming subscription service? Hell yeah it would! And apparently such a deal could come to fruition very shortly. According to The New […]

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Baptized In Blood Part Ways With Roadrunner Records

Posted by on May 1, 2012

Back in December of 2009, Roadrunner Records had signed Baptized In Blood. Signing the Canadian thrash group was a hopeful sign to many that Roadrunner would continue to work with “heavier”/ non-mainstream acts (a fear caused by the success of Nickelback). However, in an interview that the London (Ontario) Free Press published last week, guitarist […]

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It’s Official: WMG Has Been Sold

Posted by on May 6, 2011

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! Blavatnik and his Access Industries purchased the major label for $3.3 billion […]

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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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Is The Co-Founder Of Napster Bidding On WMG?

Posted by on March 14, 2011

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 a bit of a surprise. Digital […]

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Warner Music Group Experiences 8th Straight Quarterly Loss

Posted by on February 8, 2011

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 billion. This marks the 8th straight quarterly loss for WMG. Music publishing revenue also took a […]

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Warner Music Group Up For Sale And/Or Buying EMI?

Posted by on January 21, 2011

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 (KKR). What makes this all seem weird, though, is that […]

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Warner Music Group Sees Another Rough Quarter, Having Trouble With Bad Investments

Posted by on May 11, 2009

Warner Music Group did not have the best of luck with investments in 2008, losing $33 million in ventures with streaming services imeem and lala. Business Insider largely attributes WMG’s $68 million net loss in the quarter ending March 31 to these deals. The company also took a major digital loss, taking $33 million charge […]

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