RUMOR MILL
Friday, June 29, 2012
FTC approves Sony-EMP
ALL SYSTEMS GO: It’s now official. The Federal Trade Commission has just approved the $2.2 billion acquisition of EMI Music Publishing by Sony and several investment funds, including United Arab Emirates-based Mubadala Development Co. The deal got conditional approval from the European Commission—pending certain divestments—in April. That means Marty Bandier’s quest to regain control of the pubco he built into the most dominant and valuable in the sector is now complete. We spark one up in your honor, dude. (6/29a)
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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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!
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JAMES KING: THE HITS INTERVIEW (PART ONE)rumor mail
