Mark Mulligan News
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Bertelsmann SE, Europe’s largest media company, agreed to acquire full ownership of BMG Rights from partner KKR & Co. as it seeks to boost income from music and other non-print assets.
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Manchester, home to The Smiths, Oasis and The Verve, is turning to its roots to lure concertgoers to the northern English city by teaming with another rock ’n’ roll brand: MTV.
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Citigroup Inc. prevailed at trial against a multibillion dollar lawsuit by Terra Firma Capital Partners Ltd. and its Chairman Guy Hands , who claimed he was tricked by the bank into overpaying for EMI Group Ltd. in 2007.
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HMV Group Plc , the U.K.’s biggest music and DVD retailer, may need to sell its Waterstone’s bookstore chain, suspend its dividend or offer shares as time runs short to develop a business model for the digital age.
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EMI Group Plc , the 79-year-old record company of The Beatles, was given a lifeline after investors agreed to inject enough cash to maintain banking agreements.
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Lady Gaga isn’t the only chart- topping convent girl. A singing sister act from rural southern France has taken No.1 slots on both sides of the Atlantic as the industry signs up nuns, monks and other niche acts.
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Rhapsody International Inc., the Internet music service, said it will acquire the subscribers and other assets of rival Napster, a unit of Best Buy Co.
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Apple Inc. began offering Beatles songs through iTunes for the first time, ending an almost decade-long stalemate with the best-selling group.
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Emirates, the largest international airline, is advertising 4,000 cabin-crew jobs via online music provider Spotify Ltd. as it strives to attract international staff for the world’s biggest fleet of Airbus SAS superjumbos.
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