EU is expected top block EMI-Time Warner Deal

Article Abstract:

The European Commission is about to block a proposes $20 million joint venture between Time Warner and EMI Group PLC. There is concern that EMI and Time Warner would dominate the new market for the digital distribution of music. The merger between Time Warner and AOL will be approved.

Diversified Companies, European Union, International politics, Laws, regulations and rules, European Union. European Commission

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As music merger stumbles, EMI may attract new suitors

Article Abstract:

EMI Group PLC's suspended merger plans with Time Warner Inc.'s music division has driven interest in the former's businesses. The EMI-Time Warner merger has been opposed to this point by regulators.

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Music giants are in tune in dance to consolidation: Sony Group and BMG race to create joint venture as Warner weighs move

Article Abstract:

A nonbinding letter of intent was signed by Sony Music Group and BMG Deutschland GmbH to create a 50-50 joint venture by combining their recorded-music businesses. Meanwhile, Time Warner Inc. is seeking a buyer for a majority interest in its own recorded-music unit.

Acquisitions & mergers, Germany, Entertainers & entertainment groups, AMUSEMENT & RECREATION SERVICES, Mergers, acquisitions and divestments, Company acquisition/merger, Entertainment industry, Music industry, Company joint venture, Company business planning, Sony Music Entertainment Inc., BMG Deutschland GmbH

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