EMI + WMG = $300 Million In “Cost Benefits” + Global Synergies
An analysis by Bear Stearns shows that connecting EMI and Warners Music Group could net $300 million in "cost benefits" making a merger rather than a buyout desirable. (more @. Continue reading
Hypebot’s New Music Industry Briefing For Thursday May 4, 2006
– Napster’s new "play 5 times free" service got great press earlier this week. Now some are questioning the lo-fi quality of the song streams and a press to eager. Continue reading
Amid The Buyout Talk A Bit Of Humor Courtesy Of The Warner Music Group
Hits is reporting that "WMG’s Lyor Cohen is back on the warpath. Angered that several Atlantic local promo men had been approached by Universal Republic to switch sides, the bellicose. Continue reading
EMI + WMG: Analysts & The Markets Weighs In
EMI’s stock fell 3.1% on the London Stock Exchange as traders showed their concerns over the deal. One Merrill Lynch analyst who likes the combined companies calls it a "merger. Continue reading
EMI Reportedly Ups WMG Bid To $5 Billion. Issues Statement.
UPDATE – Some sources are reporting that EMI’s offer for WMG was upped last night to $5 billion making it unlikely that Warner investors would not force the sale. Others. Continue reading
Hypebot’s New Music Industry Briefing For Wednesday May 3, 2006
– WMG rebuffs a takeover bid from EMI, but many see the merger happening. Page down for full story and commentary. – A decision is expected on Monday May 8th. Continue reading
WMG Rebuffs Intial $4.23 Billion EMI Offer. Merger Still Likely…But Does It Matter?
REPORT & COMMENTARY: EMI offered to buy Warner Music on Monday for $4.23 billion and were rejected. In a prepared statement EMI said that "Warner informed EMI that it did. Continue reading
Manager & Indie Label Founder Jeff Catalez Speaks Out
"As the music business has contorted and shifted, there’s an amazing new playing field, where anyone with indicting music, a budget to hire the incredibly skilled and passionate former major. Continue reading
