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BMG Publishing Sale...

TOPIC: BMG Publishing Sale...

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#9473

Ivor

BMG Publishing Sale... 17 Years, 8 Months ago
What is happening with this sale? It was meant to be all over by now - yet we now hear they are going to a 3rd round with buyers who had previously dropped out still allowed back in!! Anyone know what's the real story here? Enter code here Please note: although no board code and smiley buttons are shown, they are still usable.

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#9520

DJones

Re:BMG Publishing Sale... 17 Years, 8 Months ago
There is not enough money on the table. Bertelsmann is still hoping to make more. Enter code here Please note: although no board code and smiley buttons are shown, they are still usable.

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#9873

Ivor

Re:BMG Publishing Sale... 17 Years, 8 Months ago
Well it eventually went very quickly - but is it really going to get past the EU mergers commission? Enter code here Please note: although no board code and smiley buttons are shown, they are still usable.

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#9894

DJones

Re:BMG Publishing Sale... 17 Years, 8 Months ago

1,6 billion euro was more than Bertelsmann had hoped for (1,3 billion).
Another important point of the deal was that Vivendi agreed to a settlement of the Napster-case (for 60 million Euro).

It will take some time, but in the end the merger will go through.

I don't understand why Sony didn't buy the company. No risk whatsoever.

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#9898

Bemuso

Re:BMG Publishing Sale... 17 Years, 8 Months ago
If Sony want to buy out the BMG joint venture, with the EU looking at that again, maybe they thought the publishing was too much? Enter code here Please note: although no board code and smiley buttons are shown, they are still usable.

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#9904

DJones

Re:BMG Publishing Sale... 17 Years, 8 Months ago
Because they are already in trouble with the EU, a publishing deal would not have made much difference. Sony/ATV would be rather small even combined with BMG Music Publishing. And UMG is now the biggest label & publisher. Enter code here Please note: although no board code and smiley buttons are shown, they are still usable.

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