From the UK’s Independent via Coolfer – "Takeover rumors did the rounds again yes
terday, with more talk of a link-up with Warner Music…(stock market insiders)also speculated that Apple, the computing group that has revolutionized the music industry, may b
e considering an offer for EMI. Apple’s iTunes is by a long way the market leader in music downloading but does not own any content. One trader said: "Media assets are out of favor with investors and have been for a long while, but there are definite signs
the cycle may be turning."
We’re betting this rumor is just speculation. After all how difficult would iTunes negotiations with other labels become if parent Apple owned competitor EMI? And if Apple for some reason wanted to get directly into the music content business; why not just do their own creative tech centered start-up?
