Jun 24, 2005 • 1 min read

Sanctuary takeover rumours grow

Gossip on HitsDailyDouble suggests Sanctuary Group is in serious takeover talks with a major label, probably EMI or Warners.

Gossipers gossiping on the HitsDailyDouble website say that rumour has it bosses at the Sanctuary Group are now in serious discussions with a major label - probably EMI or Warners - about some kind of takeover. Warners has reportedly been interested in expanding into artist management so the London based music company with its integrated cross-sector business model might be a sensible acquisition. However the gossipers seem to reckon a deal with EMI is actually more likely.

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