BERTELSMANN MAY CUT
JIVE/ZOMBA LOOSE

Media Giant Hopes To Appease Regulators By Selling Off Assets, Sacrificing Goat

Is Bertelsmann AG selling off a key holding to appease regulators?

According to Sueddeutsche Zeitung, the media giant may sell its 20% share of Zomba Records to help secure BMG's proposed merger with EMI and create the world's largest music company.

The loss of Zomba (and its Jive roster, which includes Backstreet Boys, NSYNC and Britney Spears) would greatly reduce BMG's market share. EMI, meanwhile, refuses to let go of Virgin Records. That reluctance may have halted EMI's proposed merger with Time Warner in October, and may hinder the current deal.

While BMG and EMI have agreed on main points, the biggest obstacle is approval from European regulators and the Federal Trade Commission.

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/3a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now A POST-WALLEN AFFAIR A dynamic duo, y'all (5/3a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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