EMI Not Sold Yet…
Terra Firma has again extended the deadline for EMI shareholders until July 29th to accept its 265p per share offer for the major label group. The investemnt firm said that. Continue reading
Fifield & WMG Pull EMI Offers. Stockholders Urged To Accept Terra Firma Offer Before Looming Deadline
Former EMI CEO Jim Fifield has said that he will not make an offer for the label group siting in part the looming Thursday deadline. This prompted EMI to issue. Continue reading
S-Curve EMI Details Emerge
As was reported earlier in the week, EMI has signed a US distribution agreement and worldwide license deal with a re-opened S-Curve, marking a return to EMI for Steve Greenberg,. Continue reading
SonyBMG Forms New Mobile Direct To Consumer Co. With Dada
With music sales declining SonyBMG is joining other major music companies and deversifying its portfolio via a new 50/50 partnership with Italian mobile content provider Dada. The move also follows. Continue reading
EMI In Joint Label Venture With Nickelback Management
EMI has formed a joint venture label with industry veterans Bryan Coleman, John Greenberg and Tim Heyne, best known for managing Nickelback. The new label, called Audionest will be distributed. Continue reading
Last.FM Adds SonyBMG. Are Major Labels Trying To Shut Out Indies?
CBS owned social music network Last.FM has signed a deal with SonyBMG to bypass SoundExchange and other middle men and direct license music from SonyBMG. (press release) That leaves Universal. Continue reading
Old School Deal With Michael Jackson Leaves Sony BMG Begging For Relief
Sony is reportedly pushing Michael Jackson to renegotiate a restrictive publishing pact indicative of how the old school music industry got itself into such a mess. Apparently a clause in. Continue reading
Update On Universal vs. iTunes Battle
"We are still negotiating with Universal," an Apple spokesman told the SF Chronicle. "Their music is still on iTunes and their not re-signing is just not true." But Peter Lofrumento,. Continue reading
WMG’s Bronfman Questioned For Insider Trading
Warner CEO Edgar Bronfman Jr was questioned for more than 10 hours by a Paris court last Thursday regarding alleged insider trading at Vivendi Universal in 2002. Bronfman who in. Continue reading
Universal Threatens iTunes Exit
According to reports this weekend, Universal will not renew its contract with iTunes and instead will offer songs "at will" allowing the label group to be selective about what it. Continue reading
