OFFICIAL: Warner Music Group Sold For $3.3B

(UPDATE 2) It's official, the new owner of Warner Music Group is Russian billionaire Len Blavatnik and his Access Industries. The purchase price of $3.3 billion in cash or $8.25 per. Continue reading

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Full Text Of WMG Sale Announcement

ACCESS INDUSTRIES TO ACQUIRE WARNER MUSIC GROUP In $3.3 Billion All-Cash Transaction NEW YORK, May 6, 2011 – Warner Music Group Corp. (NYSE: WMG) and Access Industries, the U.S.-based industrial. Continue reading

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LimeWire Trial Documents Show Label Execs Knew They Got P2P All Wrong

During court proceedings this week, LimeWire went on the offensive to prove that the labels themselves and not p2P was to blame for the drop in record sales. While it. Continue reading

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Live Nation Trims Losses To $48.5 Million, Credits Lower Ticket Prices

Live Nation has pared losses in the first quarter of 2011, reporting upticks in ticket sales for concerts and sporting events, driven by lower ticket prices. Overall, Live Nation's net. Continue reading

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Turning Dreams Into Goals

Do you like to dream big and imagine great things for yourself? Many aspiring musicians do, but struggle with turning dreams into reality. On Music Think Tank, Music On The. Continue reading

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10 Richest Men In UK Music & 5 Young Millionaires

The UK Sunday will publish lists of the richest men in women in UK music this week, but have offered a sneak preview.  The list of 10 Richest is a. Continue reading

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New Brief: WMG Sale Update, Spotify – 7digital, Reverb Venue App, Sony Attacks, Zune Redux & More

(UPDATE 2 ) IT'S OFFICIAL: The new owner of WMG is Russian billionaire Len Blavatnik & his Access Industries. He paid $8.25 a share or about $3.3 billion in cash.. Continue reading

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Michael Robertson: YouTube Legal Battle Ain’t Over

This guest post is by Michael Robertson, the founder of MP3.com and CEO MP3tunes and DAR.fm. Viacom suffered a resounding defeat in their lawsuit against Youtube, but that was just. Continue reading

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CEO Judy McGrath Exits MTV Networks. Viacom Will Not Appoint Successor

Viacom announced today that Judy McGrath is resigning from her position as Chairman and Chief Executive Officer of MTV Networks. McGrath, who began her career with the company as a. Continue reading

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WMG Stock Trades Over $8 As Sale Rumors Intensify

With rumors swirling that sale to a $3 billion sale to Russian billionaire is just hours away, shares of Warner Music Group Corp (WMG) traded as high as $8.02 during. Continue reading

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Likester Helps Make Sense Of Your Facebook Likes

2137 people Like a band on Facebook, but what does that mean?  Who are all those Likers? If the Like band A, what else do they Like? How does 2137. Continue reading

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