Talking of suffering record companies, something for all you EMI types bored of being portrayed as the weakest major, while Warner is positioned as the powerful buyer waiting in the wings. Warner Music's share price is sliding, down to a 12 month low of $17.10 earlier this week. Some reckon that, despite Warner boss Bronfman Jnr being in an acquisitive mood, Warner itself really needs the upcoming Linkin Park album to deliver big time to avoid becoming the subject of takeover talk itself.
Mar 15, 2007
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1 min read
Warner share price down
Warner Music's share price has slid to a 12-month low of $17.10, with the upcoming Linkin Park album seen as key to avoiding takeover talk.