Net News search results for: brussels
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September 6, 2012
EU Approval For UMG-EMI Deal Seems Imminent
As reported by ALL ACCESS last week (NET NEWS 8/31), a vote is expected in the EUROPEAN UNION this month on approving UNIVERSAL MUSIC GROUP's $1.9 billion bid for EMI MUSIC. According to a report in BUSINESSWEEK.COM, citing three people familiar with the … more »
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July 16, 2012
Reports Say Universal Could Sell Virgin Records To Get EU OK For EMI Deal
Is UNIVERSAL MUSIC planning to sell VIRGIN RECORDS and EMI CLASSICS in order to get the EUROPEAN COMMISSION to approve its bid to take over EMI? Reports in several newspapers indicate that UNIVERSAL will propose the spin-offs, and possibly the sale … more »
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March 16, 2012
EU Expected To Rule On UMG Purchase Of EMI Next Friday
THE FINANCIAL TIMES reports "UNIVERSAL MUSIC is to face a lengthy in-depth investigation into its $1.9 billion bid for EMI's record labels, as BRUSSELS explores concerns that the tie-up could unfavorably tilt the balance of power in the digital … more »
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February 28, 2012
EU Regulators Probe UMG Acquisition Of EMI
In hearings before EUROPEAN UNION regulators, rivals and customers of UNIVERSAL MUSIC GROUP were asked whether UMG's acquisition of EMI GROUP's recorded music business would allow it to increase prices, reports BLOOMBERG. "Regulators in BRUSSELS … more »
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February 20, 2012
Report: If EMI Deal Falls Through, UMG May Still Have To Pay
As regulators in BRUSSELS and WASHINGTON begin to review the sale of EMI's recorded music and publishing deals (NET NEWS 2/17), comes a report from THE NEW YORK POST that UNIVERSAL MUSIC GROUP could be on the hook for "several hundred million … more »
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February 17, 2012
Regulators Start Scrutinizing EMI Deals
The wheels of EMI split acquisition -- the music division to UMG, the publishing arm to SONY -- continue to slowly move on. FINANCIAL TIMES reports that UMG has officially delivered its submission to European competition authorities; SONY's offer is … more »
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November 11, 2011
It's Official! UMG Buys EMI Music
It's official! VIVENDI's UNIVERSAL MUSIC GROUP (UMG), announced TODAY (11/11) that they have signed with CITIGROUP INC. a definitive agreement to purchase EMI's recorded music division for a total consideration of £1.2 billion (approximately $1.9 … more »
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November 8, 2011
Indie Record Group IMPALA Could Upset Any EMI Deal
CITIGROUP's attempt to sell EMI GROUP continues to drag on, with the most recent twist coming YESTERDAY (11/7), when reports surfaced that UNIVERSAL MUSIC GROUP, which had earlier dropped out of the bidding for EMI, might be back in the mix. But whether … more »
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May 1, 2009
WXRV Launches 'Show Us Your River' Contest
NORTHEAST BROADCASTING AAA WXRV (92.5 THE RIVER)/BOSTON is giving listeners a shot at creating the next TV commercial for BOSTON’s INDEPENDENT SOLAR POWERED RADIO. Listeners are encouraged to come up with a :30 TV spot to promote THE RIVER by MAY … more »
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September 18, 2008
Mick Jagger Advises EU On Online Music Sales
On WEDNESDAY, SEPTEMBER 17th, THE ROLLING STONES' lead singer MICK JAGGER joined the chief executive officers of APPLE, EMI, EBAY, FIAT, LOUIS VUITTON and other multinationals for a meeting in BRUSSELS with the EU's Competition Commissioner NEELIE KROES, … more »