Warner Music will not make a bid for British rival EMI
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Warner Music Group has decided not to make an offer for British rival EMI Group, the company said in a statement on Tuesday, but left open the possibility of a bid in the next six months.
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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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U.S. Warner Music Group  has bid  2.5 billion pounds (&#36;4.6 billion) for Britain&#039;s EMI Group Plc   in an attempt to take control of the company that has  been pursuing it, the Financial Times said on Wednesday.
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LONDON - Warner Music Group Corp., Viacom Inc. and Universal Music Group are among those to have bid for BMG Music Publishing, people familiar with the situation told Dow Jones Newswires on Friday.  German media giant Bertelsmann A.G.
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Shares of EMI Group PLC, whose artists include Coldplay and Robbie Williams, dropped more than 8 percent Thursday after the music company said it had ended takeover talks with an unidentified suitor.
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Shares in EMI Group Plc EMI.L gained   as much as 7.1 percent on Wednesday following a report that   Warner Music Group Corp. WMG.N was preparing a new bid to buy   the world's third largest music company.
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Struggling music company EMI Group PLC, beset by profit warnings and an accounting scandal in Brazil, was thrown a potential lifeline Tuesday with a possible new takeover bid by former suitor Warner Music Group.
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EMI Group Plc , the world's  third-largest music company, said it has dropped plans to buy  smaller rival Warner Music  "for the time being,"  sending its shares down as much as 7 percent on Thursday.
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EMI Group PLC said Friday that it rejected a nonbinding $4.1 billion takeover proposal from Warner Music Group.
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LONDON -- Shares of EMI Group PLC, whose artists include Coldplay and Robbie Williams, dropped more than 8 percent Thursday after the music company said it had ended takeover talks with an unidentified suitor.
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Shares in Britain's EMI  rose on  Thursday following a media report that it was in talks with a  number of private equity firms over potential alternatives to a  takeover approach from Warner Music .
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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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Warner Music Group Corp. said on Tuesday it decided against bidding for rival EMI Group Plc, two days before a deadline to submit an offer.
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Warner Music rejects Apple's idea that record firms should drop copy protection software from music downloads.
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UK music group EMI rejects a Â£2.1bn takeover from Warner Music as too low.
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Warner Music Group said Thursday that it had dropped its lawsuit against video sharing site imeem, as the two sides agreed on a revenue sharing deal.
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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.