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BY ANUPREETA DAS AND ETHAN SMITH
Warner Music Group Corp. has decided to pursue a sale of the whole company, rather than entertain offers for parts of the business, and could reach an agreement within weeks, people familiar with the matter said.
The company's board met Tuesday to determine the best course of action after ...
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Warner Music to Pursue Sale of Company as Whole http://online.wsj.com/article/SB10001424052748703551304576260894267425636.html?mod=googlenews_wsj
"We may deify or demonize them but not ignore them. And we call them genius, because they are the people who change the world." | |
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warner actually has that much money? i suppose so, with all the ad revenue from the TMZ site... AND the huffington post... AND YOUTUBE. perhaps WMG could go more into digital media? | |
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unsurprising.
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Yeah not surprising, as Julian Lennon said recently Labels now are nothing more than owners of catalogs of artists. And thats all they are, so things will get sold her, transferred there, etc...and at some point, u will have only one distributor of all forms of media, its coming, and i know people think things like YouTube are "indie" they arent, just because people have things posted like their cats and ugly ass kids, that stuff is irrelevant, slowly watch as media is taking things over, owning rights and advertising in YouTube. "We went where our music was appreciated, and that was everywhere but the USA, we knew we had fans, but there is only so much of the world you can play at once" Magne F | |
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I haven't been following the news, and I knew they were in trouble, but I still find it kind of sad.
It's not the old days anymore. | |
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I emailed you 2 weeks ago because I wanted your take on it "We may deify or demonize them but not ignore them. And we call them genius, because they are the people who change the world." | |
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My teacher was talking about this weeks ago in music business and was saying that the industry is going through a drastic change with Warner and Capitol/EMI being up for sale
citi group purchased EMI not too long ago. | |
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Warner has been in trouble for YEARS, it hasn't been just recently. As for EMI, yeah that was sold a while ago. The industry has been changing, and some have impressions that it's either been changing for the better or worse. I'm kinda indifferent to it. Since we've had this same discussion over and over again. The industry has been "dead" for a while lol | |
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We were discussing it in class and my professor felt that it was good thing and a bad thing at the same time. He said he was in LA/Hollywood in the 70s and early 80s and going to LA now and seeing certain recording studios and facilities gone now is pretty sad. I mean....the legendary Capitol building is now CONDOS?! "We may deify or demonize them but not ignore them. And we call them genius, because they are the people who change the world." | |
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That ain't nothing. I saw Jody Watley's last part of "Unfiltered" where she discussed the place where she told Dick Griffey she was leaving Shalamar was the old SOLAR building that was turned into a gas station or something. | |
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Didn't Jill Scott recently sign a deal with Warner Music? Damn, I wonder how this will affect her new record/s..... Somebody must have one heck of a salesman to get her to sign on knowing the plans of the company being sold. Or am I missing something here?
When I first heard rumors of her signing with them, I figured she was smarter than that. Warner and EMI have been on life support for years now. This isn't something out of the blue.... | |
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I thought Babyface's company Edmonds Entertainment owned that building? | |
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Warner Music is not part of Time Warner. It was spun off as Warner Records years ago.
Anyway, this is old news. Sean Parker (of Napster and Facebook) is known to be working with a group of investors to buy Warner Music. If he succeeds the record industry is about to be hit with an earthquake that makes the last ten years look like nothing. | |
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They can put all the labels up for sale for all I care. All of them have released very little shit worth a damn for the last 20 years so why continue going and releasing bullshit? Andy is a four letter word. | |
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