Will Citigroup be forced to hang on to EMI for a while longer, rather than selling the music group? There is confusion around the auction process for EMI, with reports on Friday and Saturday suggesting...
October 31st, 2011 by Music Ally
September 28th, 2011 by Music Ally
According to the LA Times, Citigroup has asked a select group of bidders to make their final offers for EMI Music by October 5th. Citigroup is reported to have been receiving preliminary bids from private...
August 16th, 2011 by Music Ally
This might not be a direct music industry story, but it's very relevant. Google announced yesterday that it is planning to buy mobile handset maker Motorola for $12.5 billion. Why? Patents. Specifically...
May 9th, 2011 by Music Ally
The winner of the bidding war for Warner Music Group is Len Blavatnik, chairman and founder of US industrial group Access Industries. It has acquired WMG in an all-cash transaction worth $3.3 billion...
April 27th, 2011 by Music Ally
This week should see the first bids submitted for Myspace, following a several-week period where interested parties were able to scrutinise the social network's latest financials and predictions.
June 17th, 2010 by Music Ally
In the scale of huge corporate mistakes, AOL's acquisition of Bebo in 2008 ranks pretty highly. AOL paid $850 million for the social network, then watched it fade into mediocrity as Facebook left it for...
Not a member yet?
Join now or sign up for a free trial
Access our data archive - thousands of stories dating back to 2002
Sign up via our secure payment processing page
