RUMOR MILL
Back to Rumor Mill >
Monday, April 14, 2014

DreamWorks in bid for Vevo--Kafka

AN ANIMATED DISCUSSION: DreamWorks Animation wants a piece of VEVO, Peter Kafka reports on re/code (formerly All Things D). Unnamed industry sources tell Kafka that DreamWorks CEO Jeffrey Katzenberg submitted a bid to UMG, Sony Music and Abu Dhabi Media last week, though it wasn’t clear whether he was looking to buy a controlling stake in the company or proposing a minority investment. Last year, Google bought a small stake in VEVO in a deal that valued it at around $650 million. Guggenheim Partners has pursued VEVO, while two other potential buyers—John Malone’s Liberty Media and the Chernin Group, run by former News Corp. exec Peter Chernin—are also reportedly kicking the tires. Sources say Katzenberg has recruited former Hulu CEO Andy Forssell to help with his VEVO bid. Last year, Lucian Grainge joined DreamWorks Animation’s board. (4/14a)

 
BACK TO RUMOR MILL
 
HITS LIST BLASTS OFF
Space is the place for Tay. (4/26a)
Check It Out Now
SONG STREAMS: SWIFT SETS STREAMING RECORD
What did you expect? (4/26a)
Check It Out Now
SPRING BREAKOUTS: THESE HEATERS ARE STILL HOT
Who's Boomin who. (4/26a)
Check It Out Now
SONG REVENUE: “SWEET” SMELLS OF SUCCESS
Life after "Church" (4/26a)
Check It Out Now
STAGECOACH: SETS TO SEE AND PLACES TO BE
Saddle up, cowboys and cowgirls. (4/26a)
Check It Out Now
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions