Those in the know reckon that when EMI say they are "not considering" a merger with Warner Music, they mean "not considering" in the sense that they are very seriously considering it right now as we speak. With everyone seemingly convinced the Sony BMG merger will get the go ahead, and that EMI Warners merger talks will formally kick off soon after, attention is now centered on what kind of deal EMI and Warners would be looking to do - and just how much Edgar Bronfmann's Warner Music would be worth if they sold off publishing arm Warner Chappell (pretty much a prerequisite to get EU approval of any merger deal).
Jun 25, 2004
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1 min read
More merger nonsense
Reports suggest EMI is seriously considering a merger with Warner Music, which may involve selling off Warner Chappell to win EU approval.