Net News search results for: abu dhabi
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May 4, 2015
Report: Spotify Raises $350 Million In New Round Of Fundraising
A report on FRIDAY (5/1) by CNBC indicated that SPOTIFY has raised about $350 million in a new round of fundraising. CNBC cites unnamed "people familiar with the matter" in reporting that the "first close" of the round took place last … more »
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April 10, 2015
Spotify Raises More Cash
SPOTIFY has secured new investments from GOLDMAN SACHS GROUP INC. and an ABU DHABI sovereign wealth fund to help close a deal that would raise $400 million in a round valuing the music-streaming service at $8.4 billion, sources told THE WALL STREET … more »
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December 24, 2014
Report: Sony Considering Sale of Music Publishing Arm?
SONY is considering a sale of its music publishing business SONY/ATV, which is owned in conjunction with the estate of MICHAEL JACKSON, according to a report in several outlets, including the NEW YORK TIMES. The catalog includes the rights to more than … more »
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August 19, 2014
Report: Vevo Not For Sale After All
Despite reports of music video aggregator VEVO being on the block (NET NEWS, 8/4), the owners of the music/video streamer have deciding against selling it after realizing that "the five-year-old property is poised for continued rapid growth, several … more »
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August 4, 2014
Vevo On the Block; Owners Try To Sweeten The Pot
The owners of the VEVO music video website -- UMG, SONY MUSIC, ABU DHABI MEDIA and GOOGLE -- are reworking their P&L sheet to attract an interested suitor, RECORDE.NET reports. GOLDMAN SACHS and THE RAINE GROUP are looking for equity investors; … more »
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May 31, 2012
Google And Facebook Square Off Over Vevo
Are GOOGLE and FACEBOOK about to faceoff over VEVO? Yes, reports THE NEW YORK POST, "both GOOGLE CEO LARRY PAGE and FACEBOOK's MARK ZUCKERBERG are exploring an investment in VEVO as part of a broader partnership with the music-video … more »
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April 19, 2012
EU Signs Off On Sony's EMI Publishing Deal
The EUROPEAN UNION has just approved a SONY-led consortium's purchase of EMI PUBLISHING for $2.2 billion, REUTERS reports. SONY, with BLACKSTONE GROUP, DAVID GEFFEN and ABU DHABI's MUBADALA DEVELOPMENT CO. RAINE GROUP, won the bidding for EMI PUBLISHING … more »
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February 7, 2012
Madonna Sets World Tour
Hot off her SUPER BOWL halftime show, which spiked record sales, MADONNA has set a world tour beginning in MAY. Interest in MADONNA's new song spiked after her TV appearance, and "Give Me All Your Luvin'" entered the MEDIABASE chart at 25* with … more »
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February 1, 2012
Vevo CEO Boasts Of $150 Million In Revenues For 2011
VEVO CEO RIO CARAEFF, speaking with ALL THINGS DIGITAL’s INA FRIED at the "Dive Into Media Conference," said that his company generated $150 million in revenue in 2011. REUTERS reports "when pressed about future growth, CARAEFF … more »
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October 6, 2011
Sony Gets New Funding For EMI Purchase, WMG Still In The Mix
YESTERDAY (NET NEWS 10/5), ALL ACCESS reported that the sour economy's tight credit markets may prevent CITIGROUP INC. from selling EMI GROUP at a price it desires. BLOOMBERG reported that the corporation may receive lower bids, which may prompt it to … more »