Net News search results for: bertelsmann music group
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November 29, 2010
BMG Rights Management Acquires Chrysalis
BMG RIGHTS MANAGEMENT has agreed to acquire CHRYSALIS for £107.4 million ($168.6 million), combining two of the worlds largest independent music publishers. The CHRYSALIS has 100,000 titles, with MICHAEL JACKSON, BLONDIE and DAVID BOWIE among the … more »
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November 8, 2010
After Court Defeat, What's Next For EMI?
With last week's defeat in a MANHATTAN courtroom, what does the future hold for EMI MUSIC? CITIGROUP was exonerated on fraud charges in NEW YORK DISTRICT COURT THURSDAY, NOVEMBER 4th. A jury of five men and three women found the company didn't … more »
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November 4, 2010
Report: BMG, WMG Lining Up To Buy Chrysalis
Could BRITAIN's CHRYSALIS MUSIC GROUP end up in the hands of BMG RIGHTS MANAGEMENT or WARNER MUSIC GROUP? Yes, reports THE NEW YORK POST, which writes "CHRYSALIS, which has a back catalog including DAVID BOWIE and MICHAEL JACKSON, said on MONDAY … more »
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March 30, 2010
UMG Re-enters Possible Deal With EMI
THE WALL STREET JOURNAL is reporting that UNIVERSAL MUSIC GROUP has re-entered talks with EMI regarding music distribution. The deal could raise as much as $300 million for the indebted British music company, people familiar with the matter said. … more »
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March 24, 2010
Bertelsmann Posts First Net Loss In Decades
BERTELSMANN AG, EUROPE's largest media company, posted its first net loss for decades, reports THE WALL STREET JOURNAL, claiming "slumping advertising markets and higher charges, but it expects a return to stability in 2010 and a shift in focus from … more »
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March 17, 2010
Bertelsmann Involved In EMI Talks
There's a familiar name now being mentioned as part of a group looking to break up EMI's music and publishing divisions before buying them. YESTERDAY (NET NEWS 3/16), THE TIMES OF LONDON reported WMG and GERMAN private equity group KKR were discussing … more »
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December 7, 2009
It Was 10 Years Ago That The RIAA Sued Napster
Who knew, at the time, what an affect NAPSTER would have on the music business. Amazingly, it was exactly 10 years ago TODAY (12/7) that the RIAA sued NAPSTER, the online, peer-to-peer file sharing service that allowed millions of computer users to score … more »
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February 11, 2009
CNET: Sony Music Woes Extend To Digital Sales
The struggling music units of SONY CORP. and BERTELSMANN AG merged in 2004 so that a combined company could better fend off illegal file sharing and shrinking CD sales, writes CNET NEWS. The new recording company, named SONY BMG, was expected to wield … more »
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October 14, 2008
Report: Sony BMG Split Gives Sony More Options
Now that SONY CORP. and BERTELSMANN have broken off their troubled relationship known as SONY BMG, the JAPANESE company hopes to harmonize its consumer electronics and its music, a duo that has been badly out of sync, writes TODAY's L.A. TIMES. The music … more »
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August 28, 2008
Bertelsmann Reports Profit
BERTELSMANN AG said TODAY (8/28) it swung to a first-half net profit as results a year earlier were weighed down by exceptional items, but the GERMAN media company gave a more cautious outlook for its full-year operating performance, writes THE WALL … more »