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# New Music Business Briefing For 2/20/07: WMG Wants EMI, Sirius Buys XM, Sony BMG Layoffs Loom & Much More
- URL: https://www.hypebot.com/new_music_busin_1-5/
- Published: 2007-02-20T04:26:04.000Z
- Updated: 2007-02-20T04:26:04.000Z
- Description: Yesterday may have been a holiday for some, but there was still plenty of major new music business news: >>> A struggling EMI is being approached by WMG again about. Continue reading [https://www.hypebot.com/hypebot/2007/02/new_music_busin_1-5.html]
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 11:06

**Yesterday may have been a holiday for some, but there was still plenty of major new music business news:**

[![Emi_82](https://hypebot.typepad.com/hypebot/images/emi_82.jpg "Emi_82")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/emi%5F82.jpg&ref=hypebot.com)

\>>> A struggling **EMI is being approached by WMG again** about a takeover or merger. The [news](http://www.bloomberg.com/apps/news?pid=20601087&sid=aFbx.OM4NB0I&refer=home&ref=hypebot.com) caused EMI’s battered stock to jump but any deal faces EU regulatory hurdles.

[![Xm_sirius_1](https://hypebot.typepad.com/hypebot/images/xm_sirius_1.jpg "Xm_sirius_1")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/xm%5Fsirius%5F1.jpg&ref=hypebot.com)

  
\>>> Rival sattelite networks **Sirius and XM have [agreed](http://www.reuters.com/article/technology-media-telco-SP/idUSN1944161720070220?ref=hypebot.com) to [merge](http://www.mercurynews.com/mld/mercurynews/business/technology/16738277.htm?ref=hypebot.com)** with Sirius offering XM stock holders a a premium price. But **major regulatory hurdles loom** with both the FCC who would have to overturn a previous ruling and the Department of Justice over potential antitrust issues.

\>>> Rumors are growing that there will be **big layoffs soon at Sony BMG**. [Most](http://www.digitalmusicnews.com/stories/021907sony/view?ref=hypebot.com) are centered around a **combining of the Columbia and Epic labels** much like the recent Virgin Capital coupling.

\>>> Ringtone pioneers like **Zingy and Dwango are scrambling** to make the transition from a dieing polyphonic ringtone market to master ringtones and full song downloads. ([Reuters](http://news.yahoo.com/s/nm/20070219/music%5Fnm/ringtones%5Fdc?ref=hypebot.com))

[![Youtube_32](https://hypebot.typepad.com/hypebot/images/youtube_32.gif "Youtube_32")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/youtube%5F32.gif&ref=hypebot.com)

  
\>>> A **YouTube plan** to offer filtering software only to companies that have content deals with the company is **[drawing industry fire](http://news.zdnet.com/2100-9588%5F22-6160405.html?ref=hypebot.com).**

\>>> **Apple and Cisco continue discussion** over iPhone name. ([AP](http://news.yahoo.com/s/ap/20070219/ap%5Fon%5Fhi%5Fte/cisco%5Fapple?ref=hypebot.com))

\>>> **David Crosby is ill** [postponing](http://news.yahoo.com/s/nm/20070217/music%5Fnm/crosby%5Fdc%5F3?ref=hypebot.com) upcoming Crosby, Stills, and Nash tour.