EMI-UMG talks back on

TICK TOCK: With just hours to go before Terra Firma’s covenant test comes word that UMG and EMI have resumed talks about Universal licensing the British company’s currents and catalog (see coverage of the ever-changing situation in News). The negotiations resumed in the past 24 hours and may lead to UMG paying EMI as much as $300 million over five years, said the source. Such a deal would vault UMG far ahead of the ever-dwindling pack in both current and overall marketshare, where it has lately been challenged by surging Sony Music. (3/31a)

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 JAMES KING: THE HITS INTERVIEW (PART ONE) London calling (5/2a) Check It Out Now TOP 20: IT’S STILL TAYLOR’S WORLD Large and in charge (5/2a) Check It Out Now THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL That's what friends are for. (5/1a) 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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EMI-UMG talks back on

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