Net News search results for: goldman sachs group
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May 8, 2009
Nassau Restructures, Goldman Sachs Gets 85% Equity
NASSAU BROADCASTING has restructured it debt, cutting a deal with GOLDMAN SACHS for 85% equity in the company. NASSAU BROADCASTING Chairman/CEO LOU MERCATANTI recently wrote to the staff, "As some of you may know, NASSAU has been in recent … more »
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April 13, 2009
Warner Stock Rises After Analyst Upgrade
Shares of WARNER MUSIC GROUP rose as much as 18% this morning (4/13) after an analyst report upgraded the company on the belief that music industry trends were stabilizing after six months of declines. Analysts at GOLDMAN SACHS also noted that WARNER … more »
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April 1, 2009
Tough Q1 For Media Stocks
Big media and entertainment stocks continued to have a tough time during the opening quarter of 2009, writes THE HOLLYWOOD REPORTER. All of them saw share declines, and other than VIACOM INC. and SONY CORP., they underperformed the broad S&P 500 … more »
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May 14, 2008
Clear Channel, Lenders Strike Deal At $36 A Share
As first reported late last night on ALL ACCESS, the CLEAR CHANNEL buyout settlement has officially been announced, with the company and its buyout backers THOMAS H. LEE PARTNERS and BAIN CAPITAL reaching a deal with lenders CITIGROUP, DEUTSCHE BANK, … more »
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May 13, 2008
Clear Channel, Lenders Strike Deal At $36 A Share
The CLEAR CHANNEL buyout settlement has officially been announced, with the company and its buyout backers THOMAS H. LEE PARTNERS and BAIN CAPITAL reaching a deal with lenders CITIGROUP, DEUTSCHE BANK, CREDIT SUISSE, MORGAN STANLEY, ROYAL BANK OF … more »
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February 25, 2008
Clear Channel And Providence Settle TV Deal Dispute
CLEAR CHANNEL COMMUNICATIONS has settled its dispute with PROVIDENCE EQUITY PARTNERS over the sale of a group of local television stations, sources told THE WALL STREET JOURNAL. The two sides agreed over the weekend to a revised deal under which … more »
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September 20, 2007
Bronfman Open To DRM-free Music
WARNER MUSIC GROUP CEO EDGAR BRONFMAN on TUESDAY raised the possibility of selling digital music without copy protection, in what appeared to be a softening of his previous outright opposition, reports REUTERS. BRONFMAN told an investor conference that … more »
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September 20, 2007
Vivendi Head Upbeat About Universal Music
An upbeat JEAN BERNARD LEVY, the PARIS-based Chairman/CEO of VIVENDI since 2005, said WEDNESDAY that he expects to meet his company's income forecast for the year and touted his UNIVERSAL MUSIC GROUP as the only "healthy and stable" company in … more »
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July 11, 2007
WMG Hires Veteran Wall St. Banker To Assess EMI Bid
WARNER MUSIC GROUP has hired the veteran WALL STREET banker ALAN MNUCHIN to help assess a GBP2.3 billion bid for EMI GROUP PLC, LONDON's DAILY TELEGRAPH reports. MNUCHIN, who runs the advisory firm AGM PARTNERS and has worked on some of the U.S. media … more »
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June 21, 2007
Jeffrey Hinson Named Pres./CEO Of Border Media Partners
BORDER MEDIA PARTNERS (BMP) has tapped JEFFREY HINSON as President/CEO. Founder TOM CASTRO becomes Vice Chairman of the Board. The moves are effective JULY 1. HINSON was previously Exec. VP/CFO of UNIVISION COMMUNICATIONS and before that … more »