Word is AOL Time Warner bosses have put any BMG/Warner merger talks on hold after BMG parent company Bertelsmann pulled out of a deal to buy AOLTW’s books division. But insiders say both sides still see a major label merger as an obvious way to help the struggling music-biz recover – though whether they are thinking of mergers with each other or London based EMI we’re not sure.
Jun 19, 2003
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1 min read
Warner BMG merger on hold but probable
Talks over a Warner and BMG merger are reportedly on hold after Bertelsmann pulled out of a deal for AOL Time Warner's books division, though a merger is still seen as probable.