Jul 26, 2007 • 1 min read

Chrysalis dismisses reports of Warner deal

Chrysalis Music has dismissed press reports of takeover talks with Warner Music, with CEO Jeremy Lascelles calling the speculation idle and not worth a response.

Chrysalis Music has dismissed press reports that it is in takeover discussions with Warner - that is that Warner Music were looking to takeover the publishing firm and merge it in with its Warner Chappell publishing division. Chrysalis is, of course, exclusively focused on its music ventures now - predominantly publishing -after selling its radio division to Global Radio. On the talks of some or all of Chrysalis Music going to Warner, the company's CEO, Jeremy Lascelles, told Billboard: "It's idle speculation, and nothing more than that. This has not even enough substance to be worth issuing a riposte for it. It's a non-story". So that's you told.

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