Len Blavatnik-owned group likely to buy recorded music division, while Bertelsmann/KKR venture will snap up publishing armThe $3bn-plus sale of EMI is close to completion, with Warner Music and BMG Music Rights Management expected to split the spoils of the UK music company behind the Beatles and Coldplay.Warner Music, which was acquired by Len Blavatnik's Access Industries for $3.3bn (£2bn) in May, is poised to buy EMI's recorded music division, which has a roster of artists including the Beat...
Guardian Music — Len Blavatnik-owned group likely to buy recorded music division, while Bertelsmann/KKR venture will snap up publishing armThe $3bn-plus sale of EMI is close to completion... more info