Friday , March 29 2024

EMI-Warner Music Talk Continues

The little major that could, EMI, is in talks to buy the Warner Music Group from AOL Time Warner:

    A deal with EMI could bring in $3 billion to $4 billion for the media and entertainment giant, the Wall Street Journal reported, citing anonymous sources.

    Tricia Primrose, a spokeswoman for AOL, said the company had no comment on the report.

    ….A combination of Warner and EMI would form a company with about 22 percent of the U.S. market for recent releases. Vivendi Universal has about 33 percent of the market share. [CBS MarketWatch]

About Eric Olsen

Career media professional and serial entrepreneur Eric Olsen flung himself into the paranormal world in 2012, creating the America's Most Haunted brand and co-authoring the award-winning America's Most Haunted book, published by Berkley/Penguin in Sept, 2014. Olsen is co-host of the nationally syndicated broadcast and Internet radio talk show After Hours AM; his entertaining and informative America's Most Haunted website and social media outlets are must-reads: Twitter@amhaunted, Facebook.com/amhaunted, Pinterest America's Most Haunted. Olsen is also guitarist/singer for popular and wildly eclectic Cleveland cover band The Props.

Check Also

The PAX East 2024 Experience

PAX East is a terrific and inclusive home for gamers. With so much to see and do, this roundup gives an idea of what the experience is like.