TITLE

UMG on track to acquire BMG unit

AUTHOR(S)
Morris, Chris
PUB. DATE
September 2006
SOURCE
Hollywood Reporter -- International Edition;9/6/2006, Vol. 395 Issue 50, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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 BMG's publishing unit would he weighed for any potential anti-competitive.
ACCESSION #
23257155

 

Related Articles

  • Warner sings Bertelsmann unit's tune. Meza, Ed // Daily Variety;5/30/2006, Vol. 291 Issue 41, p5 

    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...

  • 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 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...

  • Euro giants play ball, mull other fields. James, Alison; Foreman, Liza // Variety;03/19/2001, Vol. 382 Issue 5, p6 

    Features information on a possible merger between media companies Vivendi Universal and Bertelsmann AG. Estimated worth of the merger; Speculations on a three-way merger between the companies and Expand, a production unit of Vivendi.

  • EC greenlights RTL's takeover of Channel 5. Cendrowicz, Leo // Hollywood Reporter -- International Edition;8/30/2005, Vol. 390 Issue 36, p54 

    The article reports that the European Commission (EC) has cleared the takeover of Britain's Five channel by Europe's biggest broadcaster, the RTL Group. The EC--the European Union's antitrust authority--cleared the merger under its simplified review procedure, which clears mergers or...

  • Bertelsmann Gets OK On Zomba Buy. Garrity, Brian; Benz, Matthew // Billboard;9/14/2002, Vol. 114 Issue 37, p3 

    Reports on the decision of European Commission to approve Bertelsmann's proposed acquisition of Zomba Music Group. Intention of Bertelsmann to shore up its music and direct-sales operations; Net income of Bertelsmann for the first half of 2002.

  • Mega merger to shake up gravure marketplace. Hawkins, Tom // Printing World;5/5/2005, Vol. 290 Issue 5, p11 

    Reports on the merger between media printing companies Bertelsmann AG and Axel Springer AG in Great Britain. Impact of the deal on creating the largest gravure printing operation in Europe; Detailed investigations made into the group's potential impact on competition in the European magazine,...

  • 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.

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