Friday 24 June 2011, 12:26 | By

EMI buyer speculation

EMI Sale Timeline Music Business

EMI

I think we all knew that the three other majors and everyone who bid for Warner Music would be at least considering making an offer for EMI once current owners Citigroup properly put it up for sale, which they did earlier this week, but in case you wanted confirmation of that fact, Bloomberg have reported that billionaire investor Alec Gores and new Warner Music owner Len Blavatnik are both definitely considering bids.

As previously reported, the LA Times had already revealed that bosses at Universal Music are trying to work out whether competition regulators in Europe would let them absorb some or all of the EMI business, if Citigroup would be willing to sell it them, which they probably wouldn’t.

READ MORE ABOUT: | | |

  • Paul Weller rules himself out of future Record Store Days, after limited edition single appears on eBay
  • Believe signs SRD
  • Skullcandy announces headphones for women
  • Vulfpeck told to take down silent Spotify album, issue statement (on Spotify)
  • Oxegen short on ‘suitable acts’, won’t take place this year
  •