Apple Inks First Social Networking Deal With Bebo
Apple Hooks Up With Bebo To Incorporate iTunes Into The Popular UK Destination Apple and Bebo have announced a deal to incorporate iTunes directly into the popular UK social netowrking site. This is the first such deal for iTunes and will be closely watched by the industry. Bebo UK has almost 9 million users, certainly not the largest site, but was probably perfect for Apple who regards this endeavor as an “experiment.” If...
Will Warner Try To Woo EMI One Last Time?
Warner Music Group stated that it is considering making one final offer for EMI. EMI’s board has already agreed to a $4.7 billion cash offer from private equity company Terra Firma, but that deal has a $48 million / £24 million bailout clause, should a better offer be put forth than Terra Firma’s $5.22 per share bid. Warner stated that if it did up the ante, “such an offer would be pre-conditional on appropriate...
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