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$3 billion Warner Music buyout could be completed this week
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The following comments relate to this news article:

$3 billion Warner Music buyout could be completed this week

article published on 2 May, 2011

Warner Music Group could be sold at the end of the week for $3 billion, say sources, as all final buyout bids for the Big 4 record label are due tomorrow. So far, the two competing bids are coming from Len Blavatnik's Access Industry and a joint bid by Tom and Alec Gores' Platinum Equity and Gores Group. Warner says two major labels (BMG and Sony) were bidding, as well, but "fell short ... [ read the full article ]

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DXR88
Senior Member

4 product reviews
_ 		3. May 2011 @ 22:05 _ Link to this message    Send private message to this user   
Keep pirating boys we're down to the big 3 now. Buhahahaha!
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Mez
AfterDawn Addict
_ 		6. May 2011 @ 09:20 _ Link to this message    Send private message to this user   
Originally posted by DXR88:
 Keep pirating boys we're down to the big 3 now. Buhahahaha!
Ditto

They will never try selling the music for a fair price. They prefer to go out of business. They distroy DVDs and CDs if they can't sell them for their asking price. They have to fail with brains like that!
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bluedogs
Member
_ 		6. May 2011 @ 21:19 _ Link to this message    Send private message to this user   
3 billion to buy 1.9 billion debt. That the spirit.

Goodbye and good ridance.
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Windows 7 HP 64x, AMD x6 1100T 3.3GHz, 8 Gig Ram,1 x LG DVD Burners, Gigabyte GTX560, 1 x OCZ 60GB SSD 1 x Seagate 1TB, 32" LCD Monitor
deak91
Junior Member
_ 		7. May 2011 @ 00:48 _ Link to this message    Send private message to this user   
wow i think they will sell the physical music company but switch to fully digital downloads starting a new online company im sure they will keep the name
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DVDBack23
Staff Member

4 product reviews
_ 		7. May 2011 @ 01:19 _ Link to this message    Send private message to this user   
Innovate or die. The record label model died in 1998 with Napster yet here we are 13 years later and there is still no innovation. Hell, these idiots won't even sign with Spotify or let Apple/Amazon offer cloud streaming of people's OWN music.

Labels, please, on the way out, take RIM and Kodak with you.


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