Warner says won&#39;t bid for EMI
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Warner Music Group Corp. said on  Tuesday it decided against bidding for British rival EMI Group  Plc, two days before a deadline to submit an offer loomed.
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Warner Music Group Corp.  said on Tuesday it decided against bidding for British rival EMI Group Plc , two days before a deadline to submit an offer loomed.
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The online file-sharer says it has agreements with all the majors to offer free music downloads. That's not true, says Warner Music.
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NEW YORK -- Warner Music Group is "actively" considering making a new offer to buy rival EMI Group, which accepted a buyout bid for $4.8 billion from Terra Firma Capital Partners last month.
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The world's biggest music companies, including Warner Music Group Corp and Sony BMG, denied that they have agreed to license songs for a free download service that was launched by Qtrax on Monday.
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The chief executive of Warner Music   Group Corp. is paving the way for a new bid for EMI Group Plc   by trumpeting the benefits of a merger with the firm's   shareholders, the Times reported on Wednesday.
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Apple and EMI's agreement to offer DRM-free music tracks is unlikely to be threatened by the record label's changing ownership. In fact, say some analysts, the choice may have been a demonstration to potential investors of the company's forward-thinking ways.
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British music group EMI said it has received an informal takeover approach but did not name the suitor.
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Britain's EMI said it had received a bid approach from U.S. rival Warner Music, the latest twist in a seven-year battle in which the two music groups have tried to buy each other.
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Warner Music Group Corp.   said on Wednesday any takeover offer it might make for  Britain's EMI Group Plc  would probably be all cash.
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Software giant denies abusing its market position and says it has no intention of unbundling IE and Windows.
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EMI Group, the struggling British music company, has said that it has received a new takeover approach from US rival Warner Music.
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The Warner Music Groupâs announcement is the recording industryâs latest move away from its reliance on digital locks to reduce piracy.
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British music company EMI Group Plc   said on Thursday it had ceased discussions over an  offer being made for the company as it did not fully reflect  the prospects and value of the group.
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Warner Music Group Corp., the world's fourth-largest record firm, said a plea by Apple Inc. chief executive Steve Jobs to let songs be sold on the Web without copy protection software lacks "logic or merit."
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Warner Music Group  has approached Britain's EMI  about a possible bid despite uncertainty over whether it would win regulatory approval, in the latest twist in a seven-year tit-for-tat takeover battle.
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Warner Music says it has not yet ruled out making another bid for the iconic UK music business EMI Group.