The crumbling empire known as Warner Music Group simply isn’t worth $2.5 billion (or more), at least according to one heavyweight Wall Street analyst. “Beyond the vanity element that drove Guy Hands/Terra Firma’s disastrous acquisition of EMI, we simply do not see a reason why someone would pay $2.5 billion for WMG, particularly with EMI for sale as well,” the hard-hitting Rich Greenfield opined early Thursday morning. “We continue to believe EMI’s music publishing asset is far better positioned than Warner/Chappell.”
via Sorry: Warner Music Is Just Not Worth $2.5 Billion… – Digital Music News.
Discover more from The South African Rock Encyclopedia
Subscribe to get the latest posts sent to your email.
Hi Brian, Did you know that Syd Kitchen died on 22nd March?