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http://www.guardian.co.uk/media/2011/nov/11/universal-to-buy-emi-music-division
After Warners withdrew
this was a chance this was going to be Broken into a Cash sale in bits.
As the Former Owners a Bank were running out of choices.
So Universal
can Expand EMI into a New Market.
And I hope more into DTS 5.1
which the Beatles need more.
"Universal Music, the world's biggest record company, is poised to announce the £1.2bn purchase of EMI's recorded music division, home to the Beatles, Coldplay and Tinie Tempah.
The sale is the first part of the break-up of the 114-year-old British company, which is likely to be followed by the EMI's music publishing division, most likely to a consortium led by Sony for in excess of $2bn (£1.26bn).
Although the enlarged Universal will now account a third of all music sales worldwide, company executives believe they can persuade regulators to allow it to swallow the business whole because the music industry is in such decline."
____________________________________________
Outtasight
Colin.
After Warners withdrew
this was a chance this was going to be Broken into a Cash sale in bits.
As the Former Owners a Bank were running out of choices.
So Universal
can Expand EMI into a New Market.
And I hope more into DTS 5.1
which the Beatles need more.
"Universal Music, the world's biggest record company, is poised to announce the £1.2bn purchase of EMI's recorded music division, home to the Beatles, Coldplay and Tinie Tempah.
The sale is the first part of the break-up of the 114-year-old British company, which is likely to be followed by the EMI's music publishing division, most likely to a consortium led by Sony for in excess of $2bn (£1.26bn).
Although the enlarged Universal will now account a third of all music sales worldwide, company executives believe they can persuade regulators to allow it to swallow the business whole because the music industry is in such decline."
____________________________________________
Outtasight
Colin.