The consumer technology giant brags that its iTunes announcement later today will be unforgettable. But the news likely won’t be too memorable for investors, even if it turns out to be a Beatles deal, predicts one analyst.
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EMI Group, owner of the rights to songs by bands including the Beatles, Pink Floyd and Deep Purple, may attract takeover bids as pressure mounts for the company to sell assets.
Warner Music Group and BMG Rights have both previously expressed an interest in buying EMI’s publishing assets, Bloomberg News said. BMG, a music-rights company, said it’s interested in EMI’s catalog.
“We’re…
Continue reading EMI May Attract Takeover Bids
EMI May Attract Takeover Bids originally appeared on DailyFinance on Mon, 08 Nov 2010 06:49:00.
Filed Under: Company News, Media, Credit
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