EMI Rejects Warner Music Buyout
Warner Music Group officially confirmed its attempt to buyout EMI yesterday. Just one day earlier, Warner had floated an acquisition offer of 320 pence per share, or $4.6 billion (£2.54 billion) at current share valuations and exchange rates. “The WMG board agrees with EMI that there are potential merits in combining the businesses of WMG and EMI, but believes that a WMG acquisition of EMI will provide shareholders of both...
Crystal Method Fuels New Nike Running Soundtrack
Nike and The Crystal Method today announce the release of Drive: Nike + Original Run via the new Sport Music section of Apple iTunes Music Store. Drive is an original soundtrack composed by The Crystal Method to guide athletes through a 45-minute run, from warm-up through cool down. The new album from The Crystal Method will join downloadable coaching mixes from champion marathoner Alberto Salazar on the Sport Music section of iTunes...
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