Major Labels

Sony Says They May Bid For EMI

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(UPDATED) We've heard the rumors before, but this one comes from the top. "We are in a position that allows us to seize every opportunity in the market – including EMI," the head of Sony Music, Rolf Schmidt-Holz, told German Sunday paper Frankfurter Allgemeine Sonntagszeitung.

On Thursday Warner Music Chief Executive Edgar Bronfman declined to comment during an earnings call about speculation that he was also eyeing EMI.

On Monday morning Dow Jones reported that no talks between Sony and EMI are currently under way.

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