TITLE

Warner sings Bertelsmann unit's tune

AUTHOR(S)
Meza, Ed
PUB. DATE
May 2006
SOURCE
Daily Variety;5/30/2006, Vol. 291 Issue 41, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on Warner Music's interest in acquiring Bertelsmann's BMG Music Publishing unit. Bertelsmann has decided to sell the division partially to repay a credit line the company is using to buy back a 25 percent share held by Groupe Bruxelles Lambert. BMG Music Publishing is valued at some $1.9 billion.
ACCESSION #
21084797

 

Related Articles

  • EMI eyes BMG unit with gaze still on WMG. Szalai, Georg // Hollywood Reporter -- International Edition;6/27/2006, Vol. 395 Issue 1, p12 

    The article presents information about the music company EMI Group PLC. The company remains in deal mode as sector players reinvigorated by digital music momentum continue to show an appetite for growing their asset base. EMI has been known to be looking at a bid for German media house...

  • UMG on track to acquire BMG unit. Morris, Chris // Hollywood Reporter -- International Edition;9/6/2006, Vol. 395 Issue 50, p3 

    The article reports that Bertelsmann AG's BMG Music Publishing unit will be acquired by Vivendi SA and its Universal Music Group unit on September 6, 2006. Vivendi has proposed purchasing the BMG arm for $2.1 billion. A spokesman for the European Commission said that any pending purchase of...

  • Bertelsmann Sell-Off. Butler, Susan; Brandle, Lars; Christman, Ed; Ferguson, Tom; Garrity, Brian // Billboard;6/3/2006, Vol. 118 Issue 22, p10 

    The article reports on the plan of Bertelsmann to buy Groupe Bruxelles Lambert in order to remain a private company as of June 2006. The company is spinning off BMG Music Publishing but appears to be holding onto its 50 percent stake in Sony BMG Music Entertainment. The company operates offices...

  • EMI takes its time assessing BMG deal. Oppelaar, Justin // Variety;11/27/2000, Vol. 381 Issue 2, p4 

    Reports on the decision of EMI Group to review the merger deal offered by Bertelsmann. Potential result of such a deal; Percentage of global market held by EMI; Reason for the failure of the proposed merger deal between EMI and Warner Music.

  • Bertelsmann nearing deal for music publishing unit.  // Hollywood Reporter -- International Edition;8/8/2006, Vol. 395 Issue 30, p43 

    The article reports that the sale of BMG Music Publishing, the music publishing business of Bertelsmann AG, will be finalized soon. It is expected that Universal Music Group, Warner Music Group Inc. and EMI Group PLC will be among the bidders for the business. BMG Music Publishing earned a...

  • Bertelsmann AG tops the M&A headlines. C. M. O. // Private Placement Letter;7/26/2004, Vol. 22 Issue 30, p2 

    Reports on the approval of the merger between Sony Corp. and Bertelsmann AG. by the European Commission. Assessment of the merger between the two companies; Sales of recorded music; Creation of the world's second largest music company.

  • Freebies Forever. Fragala, Karen // Newsweek (Pacific Edition);5/27/2002 (Pacific Edition), Vol. 139 Issue 21, p5 

    Reports on the purchase of Napster by German media conglomerate Bertelsmann. Outlook for the success of Napster in selling legal music downloads via the Internet; Competition between Napster and other companies.

  • Freebies Forever. Fragala, Karen // Newsweek (Atlantic Edition);5/27/2002 (Atlantic Edition), Vol. 139 Issue 21, p5 

    Reports on the purchase of Napster by German media conglomerate Bertelsmann. Outlook for the success of Napster in selling legal music downloads via the Internet; Competition between Napster and other companies.

  • Bottom line.  // Music Week;9/9/2006, Issue 36, p2 

    The article offers news briefs related to the music trade in Great Britain in September 2006. The parent company of BMG Music Publishing, Bertelsmann AG is expected to announce the winner of the binding offers for BMG Music Publishing within September 11-17. The newly-published report "2006...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics