More EMI merger rumours doing the rounds. As we predicted the old EMI/BMG merger attempts are looking less likely now the Zomba empire is within the BMG fold. But, while some suggested the latest BMG restructuring would allow a partnership with EMI that would be "a merger in everything except name", the latest rumours are centring on the old EMI/Warners merger proposals. With AOL Time Warner rumoured to be looking to off load its music division, despite it being one of few businesses in the group actually making a profit, could EMI find the financial backing to acquire another major? Or are these rumours groundless speculation. Wait and see I guess.
Feb 7, 2003
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1 min read
EMI Warners merger rumours return
Rumours of an EMI merger with Warner have resurfaced, with AOL Time Warner reportedly considering offloading its music division.