Major Labels

Warner Music Board To Review Bids This Week

image from www.google.com Warner Music Group's board of directors will review 2nd round bids this week, a source told Reuters. 10 groups have reportedly placed bids ranging from $2.8 billion to $3 billion. Bidders include Live Nation, BMG Rights Management (a joint venture of Bertelsmann and Kohlberg Kravis Roberts), Platinum Equity, Ron Burkle's Yucaipa Company, billionaire Len Blavatnik, investor Ron Perelman and Sony.

Bruce Houghton on 04/11/2011 in Major Labels | Permalink | Comments (0)
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