EPICALLY RHAPSODIC

The New York Post's Page Six is reporting that Epic ruler L.A. Reid has been quietly bidding for a substantial piece of streaming service Rhapsody. The story notes that Reid has tapped private-equity firm Pegasus Capital Group to handle the transaction, which Post sources say will give Sony a large ownership stake. The veteran digital-music outift has been touting a subscription model since 2001, when it began selling digital singles.

BACK TO RUMOR MILL

		NEAR TRUTHS: INCOMPARABLE Taylor world is an ecosystem. (5/8a) Check It Out Now JENNIFER KNOEPFLE: THE HITS INTERVIEW A publishing all-star tells her story. (5/7a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/7a) Check It Out Now BEEF BRINGS LAMAR BACK TO SPOTLIGHT No longer keeping his diss-tance. (5/8a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (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!

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

EPICALLY RHAPSODIC

Modal