Warner approaches EMI again, Indies back tie-up
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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 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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EMI, the world's third largest music label, is actively considering removing the digital rights management restrictions from its song catalog and selling tracks online in MP3 format, according to a report published in The Wall Street Journal Friday.
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Music group EMI, which announced last month it had received a preliminary takeover approach, has said that discussions with the potential bidder had been called off.
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EMI, the struggling British music company, said Friday that it had rejected an informal takeover bid by US rival Warner Music Group, claiming the cash offer worth 2.08 billion pounds (3.07 billion euros, 4.05 billion dollars) was &quot;inadequate.&quot;
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Warner Music CEO Edgar Bronfman isn't singing the same tune as Apple Inc. Steve Jobs when it comes to protecting digital music. Jobs wants to end digital rights management; Bronfman flat out rejected the idea yesterday.
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LOS ANGELES -  The music industry is looking ahead to life without copy protection. Major label EMI - home of Coldplay and Norah Jones - is in discussions with online music stores about selling its music without copy protection, or digital rights management (DRM), according to two sources with direct knowledge of the talks who would not speak for attribution because discussions are ongoing.
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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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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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In a bold move to pave the way for more widespread licensing of music publishing rights, EMI Music Publishing and Sony BMG Music Entertainment have entered an umbrella
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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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Warner Music confirmed on Tuesday that  it had approached EMI about a possible acquisition of the  entire equity of the British firm and had secured the support  of the independent label group Impala.
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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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The music group EMI today said the music industry was bouncing back from the effects of internet piracy, with lawsuits against file traders having had an &quot;educational and deterrent&quot; effect.
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Music group EMI and US peer Warner Music have ruled out pursuing their proposed takeover bids for each other for the time being.
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Warner Music says it has not yet ruled out making another bid for the iconic UK music business EMI Group.
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Warner Music Group has made a bid  approach for Britain's EMI despite uncertainty over whether any  deal would win regulatory approval, in the latest twist in a  seven-year tit-for-tat takeover battle.